Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $480,000

· Closed August 3, 2022

131 74TH Street #5G
Closed For Sale Co-op

$480,000

$457 per sq ft

131 74TH Street #5G

Bay Ridge, Brooklyn

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MLS® #RLS10787104

RLS at REBNY

Listing by Corcoran Group

2

Bedrooms

1

Bath

1,050

Sq. Ft.

1957

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 1,050 sq ft
Year Built 1957
Ownership Co-op
Maintenance $1,125/mo
Parking Garage
Neighborhood Bay Ridge
Floor 5 of 6

Property Highlights

  • Exposure: South,West facing
  • Parking: Private garage

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full
Floor 5 of 6
Exposure South,West
Pets Yes
Cross Street COLONIAL ROAD and RIDGE BOULEVARD
Year Built 1957
Living Area 1,050 sq ft
Parking Garage Available
Parcel # 05916-0062-00131-000-000005G

Listing History

Event Date Price Change
Listed Mar 2, 2022 $519,000 -
Price Reduced Aug 3, 2022 $499,000 -3.9%
Currently May 2, 2026 $480,000 -3.8%

Description

131 74th Street, 5G

Views on views on magical water and bridge views! Welcome Home to 131 74th Street, 5G--a newly renovated 2 bedroom, 1 bath high floor co-op. Approximately 1000sqft, flooded with natural light, and located in the heart of Bay Ridge at the sought after Imperial Plaza building. Upon entering the unit you are welcomed into an entry foyer with a large coat closet. Straight ahead you'll find an oversized living/dining room with two large windows showcasing incredible water views and the Verrazano Bridge. The recently renovated windowed kitchen features quartz countertops, stainless steel modern appliances, recess lighting, and new custom cabinetry. The bathroom has been meticulously recreated with spectacular tile work. Both bedrooms are wonderfully proportioned and host large windows with lovely water views. The unit comes with three wall air conditioning units located in the living room and both bedrooms. There is an abundance of closet space throughout. Building amenities include a beautiful secure lobby, elevator, laundry, storage cages, parking, common outdoor space and a 24 hour resident superintendent. Cats are allowed but sorry, no dogs. Contact us today for a showing.

Building Information

Financial Details

Maintenance $1,125/mo
Original Price $519,000
Sale Price $480,000
Previous Price $499,000

Bay Ridge is a historic neighborhood in Southwest Brooklyn with views of the Verrazzano-Narrows Bridge and New York Harbor. Commercial corridors along 3rd and 5th Avenues run through the area, and the housing stock includes historic row houses, pre-war cooperatives, and modern condominiums, with Shore Road Park and the waterfront promenade to the west.

Bay Ridge Live Market Data

View Neighborhood

Active Listings

32

Median Asking Price

$1.25M

Median $/Sqft

$614

Avg Days on Market

N/A

New This Week

0

Price Reduced

34%

Sold (30 Days)

2

Median Sale Price

$509K

Live data from RLS at REBNY • Updated 5/2/26, 1:37 AM EST

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Location

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131 74TH Street #5G, Bay Ridge, Kings County • Near COLONIAL ROAD and RIDGE BOULEVARD

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1957
Year Built
69 years old
6
Floors
73
Residential Units
R4-1
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $3,697,200
Land Value: $513,000
Exemptions: $119,036

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

Lot Area: 19,000 SF
Building Area: 88,920 SF
Built FAR: 4.68
Allowed FAR: 1

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 $1,125 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 1,050 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1957, making it approximately 69 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 $480,000 for 1,050 sq ft, the asking price per square foot is approximately $457. 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: RLS10787104
First Listed: 3/2/2022
Price Changed: 8/3/2022
Closed: 8/3/2022
Contract Date: 3/2/2022

Listing Courtesy of Corcoran Group - Bryan Rettaliata

Listing Contact: (631) 338-0979

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 5/2/2026 at 5:37 AM UTC

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