Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $485,000

· Closed April 19, 2023

345 Montgomery Street #5-R
Closed For Sale Co-op

$485,000

$746 per sq ft

345 Montgomery Street #5-R

Crown Heights, Brooklyn

MLS® #RLS10842026

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

650

Sq. Ft.

1928

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 650 sq ft
Year Built 1928
Ownership Co-op
Maintenance $534/mo
Neighborhood Crown Heights
Floor 5 of 6

Property Highlights

  • Exposure: East,North facing
  • Style: Prewar architecture
  • Climate Control: Window Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 5 of 6
Exposure East,North
Cooling Window Units
Pets Yes
Cross Street Rogers Avenue/Dearborn Court
Year Built 1928
Living Area 650 sq ft
Architectural Style Prewar
Block/Lot 1296/64

Listing History

Event Date Price Change
Listed Nov 3, 2022 $485,000 -
Price Reduced Apr 19, 2023 $499,000 +2.9%

Description

This fifth floor one bedroom apartment can be our Pre-War Sanctuary in the heart of Brooklyn. Located at the Dearborn, built as an Art Deco hotel in 1928. The building features loads of original details such as the cast iron doors that lead into the grand lobby. The apartment features an oversized bedroom that has tremendous morning light and can easily fit a king size bed. The kitchen and living room receives glancing sunlight in the morning and evening from the east and west. This community features a laundry room, mail room, storage units (an additional fee) and bike storage rack (additional fee). The building allows you to leave your Con Edison at our former address (electricity is included in your maintenance fees) Located directly between the President and Sterling Street 2/5 train stations make it quick to get to Barclay's Center/Downtown Brooklyn and Manhattan. Prospect Park, Brooklyn Botanical Garden, and Grand Army Plaza are nearby for your enjoyment. The Dearborn is surrounded by a slew of restaurants on the surrounding Avenues close to the building. Here are some favorites Cafe Rue Dix on Bedford, Chavela's on Franklin, Allan's Bakery on Nostrand, and Names on Rogers. This apartment will not last.

Features & Amenities

Interior Features

Entrance Foyer Common Area

Exterior Features

Building Courtyard

Building Information

Financial Details

Maintenance $534/mo
Sale Price $485,000
Previous Price $499,000

Crown Heights is a dynamic and architecturally rich neighborhood in central Brooklyn. Famous for its grand boulevards and impressive collection of pre-war apartment buildings and brownstones, the area offers a sense of scale and history. Residents enjoy proximity to the Brooklyn Museum, the Botanic Garden, and a active restaurant scene along Franklin and Nostrand Avenues, making it a popular choice for those seeking space and culture.

Crown Heights Live Market Data

View Neighborhood

Active Listings

90

Median Asking Price

$1.61M

Median $/Sqft

$990

Avg Days on Market

N/A

New This Week

5

Price Reduced

22%

Sold (30 Days)

2

Median Sale Price

$1.31M

Live data from RLS at REBNY • Updated 5/17/26, 11:48 PM EST

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Location

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345 Montgomery Street #5-R, Crown Heights, Kings County • Near Rogers Avenue/Dearborn Court

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1928
Year Built
98 years old
6
Floors
102
Residential Units
R7-1
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $3,964,050
Land Value: $373,950
Exemptions: $44,968

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 23,756 SF
Building Area: 105,675 SF
Built FAR: 4.45
Allowed FAR: 3.44

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $534 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 650 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1928, making it approximately 98 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $485,000 for 650 sq ft, the asking price per square foot is approximately $746. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10842026
First Listed: 11/3/2022
Price Changed: 4/19/2023
Closed: 4/19/2023
Contract Date: 11/3/2022

Listing Courtesy of Compass - Hakim Edwards

Listing Contact: (347) 489-2247

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/18/2026 at 3:48 AM UTC

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