Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
7101 Colonial Road #R5A
Closed For Sale Co-op

$625,000

7101 Colonial Road #R5A

Bay Ridge, Brooklyn

MLS® #RLS10962479

RLS at REBNY

Listing by Compass

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1928

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1928
Ownership Co-op
Property Taxes $14,796/yr
Neighborhood Bay Ridge
Floor 1 of 6

Property Highlights

  • Character: Pre-war building (1928)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 1 of 6
Pets Yes, CatsOk, DogsOk
Year Built 1928
Structure Type MultiFamily
Furnished Unfurnished
Parcel # 05889-0003-07101-000-0000R5A
Block/Lot 05889/0003

Listing History

Event Date Price Change
Listed Jan 23, 2024 $625,000 -
Currently May 1, 2026 $625,000 -

Description

Step into this freshly renovated 2-bedroom, 1-bathroom co-op at 7101 Colonial Road. The updated windowed kitchen and bathroom bring a modern touch to this great space. As you walk in, you'll be greeted by a spacious entry foyer that easily accommodates a dining table or extra storage and original hardwood floors in the living room, primary bedroom, and second bedroom. The home offers westerly views of the water, offering a serene backdrop for your daily relaxation. This pet-friendly building (on board approval) also comes with a live-in super, bike storage (for an additional fee) and storage units in the basement (for an additional fee when available). Nestled in the heart of Bay Ridge right by Owl's Head Park, this co-op offers a perfect blend of peaceful living and easy access to fantastic dining, shopping, entertainment and transportation options including subway, bus, express bus and ferry. Come and experience living in this delightful co-op that effortlessly combines modern updates with classic charm. Don't miss out on the chance to call this place your new home sweet home! Current assessment of $145.20 in place.

Features & Amenities

Interior Features

Common On Floor Common Area

Building Information

Building Data View Compliance & Permits
Total Units 119
Stories 6
Structure MultiFamily

Financial Details

RE Taxes $14,796/yr ($1,233/mo)
Sale Price $625,000

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

$504K

Live data from RLS at REBNY • Updated 5/1/26, 12:51 PM EST

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Location

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7101 Colonial Road #R5A, Bay Ridge, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1928
Year Built
98 years old
6
Floors
119
Residential Units
R6A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $5,800,050
Land Value: $420,750
Exemptions: $194,982

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

Lot Area: 26,960 SF
Building Area: 142,396 SF
Built FAR: 5.28
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 $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $14,796, or roughly $1,233 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

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.

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: RLS10962479
First Listed: 1/23/2024
On Market: 1/23/2024
Closed: 5/29/2024
Contract Date: 1/4/2024

Listing Courtesy of Compass - Hiram Borrero

Listing Contact: (347) 688-2368

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 4:51 PM UTC

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