Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $515,000

Listed at $525,000 · Sold 1.9% below asking · Closed November 23, 2022

138 71st Street #A1
Closed For Sale Co-op

$525,000

138 71st Street #A1

Bay Ridge, Brooklyn

MLS® #RLS10817636

RLS at REBNY

Listing by New York Living Solutions

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1950

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1950
Ownership Co-op
Maintenance $954/mo
Neighborhood Bay Ridge

Property Highlights

  • Location: Bay Ridge, Brooklyn
  • Property Type: Co-op
  • Built: 1950

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Cooling None
Pets Yes
Cross Street 1st Avenue and 2nd Avenue
Year Built 1950
Parcel # 05889-0014-00138-000-00000A1

Listing History

Event Date Price Change
Listed Mar 7, 2022 $525,000 -
Currently May 2, 2026 $525,000 -

Description

Welcome home to a dazzling renovated, real 2 bedroom in a building with a liberal sublet policy. This fantastic home has been completely renovated, including a stunning open concept gourmet designer kitchen with suburban style stainless steel appliances. There is a full windowed bathroom with tub that has also been completely renovated. Gleaming hardwood floors run throughout this expansive home. The primary suite can easily accommodate a king sized bed and full office, while the 2nd bedroom can fit a Queen plus office. Abundant closet and storage space runs throughout as well.



This quiet corner of Brooklyn is one of the city's best kept secrets. This is a friendly and welcoming neighborhood with a diverse range of restaurants, nightlife, and shopping, plus some of the borough's best parks. The waterfront promenade of Shore Road Park is just 2 blocks away, while dining options around the corner on Third Avenue range from acclaimed bistro Piccante, to inventive fare at Cebu, and world famous Middle Eastern cuisine at Tanoreen. The R train and express bus are both steps from your front door- either one is an easy 20 minute ride to downtown Manhattan





Features & Amenities

Interior Features

Eat In Kitchen Common Area

Financial Details

Maintenance $954/mo
Sale Price $515,000

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

33

Median Asking Price

$1.20M

Median $/Sqft

$601

Avg Days on Market

N/A

New This Week

0

Price Reduced

36%

Sold (30 Days)

2

Median Sale Price

$509K

Live data from RLS at REBNY • Updated 5/1/26, 10:43 PM EST

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Location

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138 71st Street #A1, Bay Ridge, Kings County • Near 1st Avenue and 2nd Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1950
Year Built
76 years old
6
Floors
84
Residential Units
R6A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $4,476,150
Land Value: $324,000
Exemptions: $67,969

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

Lot Area: 24,000 SF
Building Area: 108,000 SF
Built FAR: 4.5
Allowed FAR: 3

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 $954 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1950, making it approximately 76 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.

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: RLS10817636
First Listed: 3/7/2022
Price Changed: 3/7/2022
Closed: 11/23/2022
Contract Date: 3/7/2022

Listing Courtesy of New York Living Solutions - Melissa Leifer

Listing Contact: (212) 897-2856

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 2:43 AM UTC

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