Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,250,000

· Closed September 12, 2025

523 73RD Street
Closed For Sale Multi Family

$1,250,000

523 73RD Street

Bay Ridge, Brooklyn

MLS® #RLS20020283

RLS at REBNY

Listing by Corcoran Group

2

Bedrooms

2

Baths

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Lot Size 2,000 sq ft
Year Built 1910
Ownership None
Property Taxes $8,520/yr
Neighborhood Bay Ridge
Floor 1 of 2

Property Highlights

  • Views: Other
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Ownership None
Total Rooms 8
Baths 2 Full
Floor 1 of 2
View Other
Pets Yes
Year Built 1910
Structure Type Townhouse
Basement Other
Lot Size 2,000 sq ft
Parcel # 05910-0069
Block/Lot 05910/0069

Listing History

Event Date Price Change
Listed Apr 30, 2025 $999,000 -
Currently May 1, 2026 $1,250,000 +25.1%

Description

Prime Bay Ridge investment opportunity: Two-family townhouse just off vibrant 5th Avenue awaits your renovation expertise. This property features two spacious floor-through apartments offering flexible configuration options - maintain as income-producing units, convert to a single-family residence, or create an owner-occupied investment. With its prime location, excellent transportation access, proximity to restaurants, shopping and services, tree-lined streets, waterfront parks with stunning Verrazano Bridge views, and consistent buyer demand, this rare renovation opportunity presents tremendous upside potential for investors, flippers, and discerning homebuyers seeking to transform a historic Brooklyn gem into their personalized dream home.

Please note: All measurements and information has been gathered from Property Shark and should be independently verified.

Features & Amenities

Interior Features

Smoke Free Building Other Washer Hookup In Unit

Building Amenities

Green Building

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure Townhouse

Financial Details

RE Taxes $8,520/yr ($710/mo)
Original Price $999,000
Sale Price $1,250,000
Previous Price $999,000

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, 5:45 AM EST

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Location

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523 73RD Street, Bay Ridge, Kings County

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
2
Floors
2
Residential Units
R5B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $80,580
Land Value: $13,560
Exemptions: $0

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

Lot Area: 2,000 SF
Building Area: 2,380 SF
Built FAR: 1.19
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 annual property tax is $8,520, or roughly $710 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is None

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: RLS20020283
First Listed: 4/30/2025
On Market: 4/30/2025
Price Changed: 9/18/2025
Closed: 9/12/2025
Contract Date: 4/30/2025

Listing Courtesy of Corcoran Group - NATALIE A PITTA

Listing Contact: (646) 373-4600

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 9:45 AM UTC

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