Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
1615 Ave I #320

For Sale · Listing by Compass

1615 Ave I #320

Midwood, Brooklyn

$595,000

Interested in this property?
Active For Sale • Co-op

$595,000

1615 Ave I #320

Midwood, Brooklyn

Terrace Gardens Plaza

MLS® #RLS20122527

RLS at REBNY

Listing by Compass

2
Bedrooms
1
Bath
N/A
Sq. Ft.
1941
Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Lot Size 43,000 sq ft
Year Built 1941
Ownership Co-op
Property Taxes $14,400/yr
Parking Garage
Neighborhood Midwood
Floor 3 of 6

Property Highlights

  • Climate Control: Other
  • Character: Pre-war building (1941)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full
Floor 3 of 6
Heating Baseboard
Cooling Other
Pets Yes, CatsOk, DogsOk
Year Built 1941
Parking Features Garage
Structure Type HighRise
Furnished Unfurnished
Lot Size 43,000 sq ft
Block/Lot 06700/0038

Listing History

Event Date Price Change
Listed Nov 4, 2026 $595,000 -
Currently Nov 5, 2026 $595,000 -

Description

Outdoor space is hard to come by in Brooklyn, and this one is yours alone. Apartment 320 is a sunny two-bedroom, one-bath co-op in Terrace Gardens Plaza, a well-kept pre-war elevator building on a quiet, tree-lined block in North Midwood. Your own terrace sits just off the living room. The five-room layout opens with a sunken living room that has a real sense of scale. Step out to the private terrace, which looks over East 17th Street and the building’s landscaped courtyard. It’s a great spot for morning coffee, a few potted plants, or dinner outside on a warm night. There’s also a separate dining room with enough space for a full table, which is a rare find at this price point. Primary bedroom fits a king-size bed with room to spare, and the second bedroom can fit a Queen and works well for guests, a growing family, or a proper home office. Hardwood floors and good closet space run throughout. Home highlights 2 generously sized bedrooms, 1 bath Private terrace off the living room Sunken living room Separate dining room Hardwood floors Maintenance: $1,250/month, including taxes The building Built in 1941, Terrace Gardens Plaza is a six-story co-op with 132 residences. It has an elevator, a part-time doorman, a full-time live-in super, an on-site laundry room, a bike room, and a shared courtyard. There’s a parking garage with a waitlist and monthly fee, and extra storage is available for a fee. Pets are allowed. Financing is allowed with 25% down, subject to board approval. Transportation Q train at Avenue H: about 0.1 miles away. Local service runs to Downtown Brooklyn and Manhattan. Q train at Avenue J: about 0.2 miles away. B and Q express at Kings Highway: a few stops south. B6 and B11 buses: both run along Avenue J, just around the corner. Grocery stores Berry Goods Supermarket, 1413 Avenue J Blue Ribbon Fruit and Market, 1308 Avenue J Apna Bazar Farmers Market, 1234 Coney Island Avenue Cafés Café Chocolat, 1417 Avenue J Kosher Bagel Hole, 1423 Avenue J Moka & Co., 1510 Elm Avenue Coffee Redefined, 1409 Avenue M Restaurants Di Fara Pizza, 1424 Avenue J, the legendary Brooklyn slice Jerusalem Steakhouse, 1319 Avenue J Istanblue Kebab House, 1416 Avenue J Estihana, 1217 Avenue J Parks and green space Kolbert Playground, Avenue L and East 17th Street, with a playground, ball courts, and a swing area Brooklyn College campus, a short walk east, with its tree-lined quad Midwood Playground, East 24th Street There is a waitlist for parking Showings are by appointment only.

Features & Amenities

Interior Features

Common On Floor Common Area

Exterior Features

Building Courtyard Private Outdoor Space Over60 Sqft

Building Amenities

Bike Storage Elevators Management On Site Management Security Guard

Appliances

Dishwasher Gas Cooktop Stainless Steel Appliances

Building Information

Financial Details

RE Taxes $14,400/yr ($1,200/mo)

Midwood, in Brooklyn, features the Fiske Terrace-Midwood Park Historic District, preserving over 250 early 20th-century homes. Architecture showcases Colonial Revival, Queen Anne, and Craftsman styles across the residential streets. This area is served by major transit lines and is anchored by mature, tree-lined park space.

Midwood Live Market Data

View Neighborhood

Active Listings

40

Median Asking Price

$450K

Median $/Sqft

$517

Avg Days on Market

N/A

New This Week

1

Price Reduced

30%

Sold (30 Days)

7

Median Sale Price

$430K

Live data from RLS at REBNY • Updated 11/4/26, 9:44 PM EST

Similar Listings in Midwood

View All

Location

Loading map...

1615 Ave I #320, Midwood, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1941
Year Built
85 years old
6
Floors
132
Residential Units
R5
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $5,619,150
Land Value: $660,150
Exemptions: $166,061

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

Lot Area: 43,000 SF
Building Area: 148,680 SF
Built FAR: 3.46
Allowed FAR: 1.5

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 Milton Coste before making an offer.

The current listed annual property tax is $14,400, or roughly $1,200 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 1941, making it approximately 85 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: Building Pets Allowed Comments:Dogs under 20lbs only. Contact Milton Coste for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.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: RLS20122527
First Listed: 10/23/2026
On Market: 11/4/2026
Contract Date: 10/14/2026

Listing Courtesy of Compass - Lonnie Robinson

Listing Contact: (917) 624-0444

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 11/5/2026 at 2:44 AM UTC

See it in person

Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

View Bio →

Sale history, taxes, violations and comps for this unit

(917) 416-7433 WhatsApp Email Milton
Hablo Español

Midwood Market Update

7 sales last 30 days · $450K median · 5.7 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Midwood Borough Brooklyn
County Kings
Floor 3 of 6
Year Built 1941
First Listed 10/23/2026
Annual Tax $14,400

Monthly Costs Estimate

Down Payment 20%

$119,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $1,200
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Back to Search

Find more properties

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?

Are you already working with an agent? (optional)

Your info is secure and never shared.

You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.

Call Text Email