Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $492,000

Listed at $478,000 · Sold 2.9% above asking · Closed September 19, 2024

243 78th Street #4E
Closed For Sale Co-op

$478,000

$520 per sq ft

243 78th Street #4E

Bay Ridge, Brooklyn

Fairfax House

MLS® #RLS10983969

RLS at REBNY

Listing by Brownstone Real Estate LLC

2

Bedrooms

1

Bath

920

Sq. Ft.

1940

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 920 sq ft
Year Built 1940
Ownership Co-op
Maintenance $724/mo
Neighborhood Bay Ridge
Floor 4 of 6

Property Highlights

  • Style: Prewar architecture
  • Climate Control: Window Units
  • Character: Pre-war building (1940)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 4 of 6
Heating Radiant
Cooling Window Units
Pets Yes
Cross Street 3rd Avenue
Year Built 1940
Living Area 920 sq ft
Architectural Style Prewar
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Parcel # 05959-0062-00243-000-000004E
Block/Lot 05959/0000

Listing History

Event Date Price Change
Listed May 13, 2024 $478,000 -
Currently May 1, 2026 $478,000 -

Description

NOTE: ALL SHOWINGS AND OPEN HOUSES BY APPOINTMENT.

243 78th Street (the Fairfax House) is a well-managed, well-kept coop in the heart of Bay Ridge. The building features an elevator, on-site laundry, bicycle storage, rentable storage units, and a live-in super.

Residence #4E is a spacious, bright, fourth-floor unit with sweeping views! The two-bedroom space is in great condition with a renovated kitchen and bathroom. The pre-war design comes in a flowing layout with tremendous areas for living, dining, and a home office. The bedrooms are located on opposite sides of the apartment, allowing for greater privacy.

Between 3rd Ave and Ridge Blvd, 243 78th Street is on the doorstep of great restaurants and shopping. The 77th St. Subway is a block away, and other transport options (B4 and B37, and NYC Ferry Network) are nearby.

#4E is a home big enough to grow into, so you can build equity while living comfortably for years to come, at an accessible price. Escape the cycle of rising rents while investing in your future! Do not delay in scheduling your tour.

Features & Amenities

Interior Features

High Ceilings Storage Building Inside None Flooring: Hardwood

Exterior Features

Building Storage Storage

Building Amenities

Bike Storage Elevators Storage

Appliances

Dishwasher Stainless Steel Appliances

Building Information

Building Fairfax House
Building Data View Compliance & Permits
Total Units 60
Stories 6
Structure None
Style Prewar

Financial Details

Maintenance $724/mo
Sale Price $492,000

Maintenance Includes

Water

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

$504K

Live data from RLS at REBNY • Updated 5/1/26, 10:01 AM EST

Similar Listings in Bay Ridge

View All

Location

Loading map...

243 78th Street #4E, Bay Ridge, Kings County • Near 3rd Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1940
Year Built
86 years old
6
Floors
60
Residential Units
R4A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $2,433,150
Land Value: $198,450
Exemptions: $156,758

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

Lot Area: 14,715 SF
Building Area: 61,800 SF
Built FAR: 4.2
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 $724 per month. The fee covers: Water. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 920 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1940, making it approximately 86 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 $478,000 for 920 sq ft, the asking price per square foot is approximately $520. 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: RLS10983969
First Listed: 5/9/2024
On Market: 5/13/2024
Closed: 9/19/2024
Contract Date: 5/13/2024

Listing Courtesy of Brownstone Real Estate LLC - Janet Guerra

Listing Contact: (718) 855-4111

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 5/1/2026 at 2:01 PM UTC

Buying a Co-op? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

How to Ace Your Co-op Board Interview

What boards look for, common questions, and how to prepare.

Read article

NYC Flip Tax Guide for Sellers

What co-op flip taxes are, how they're calculated, and who pays.

Read article

HDFC Co-ops: Complete Guide

Income limits, resale caps, and how to qualify for affordable co-ops.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton