Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,602,500

· Closed July 20, 2023

7124 Colonial Road
Closed For Sale Multi Family

$1,602,500

$665 per sq ft

7124 Colonial Road

Bay Ridge, Brooklyn

MLS® #RLS10874395

RLS at REBNY

Listing by Compass

4

Bedrooms

2.5

Baths

2,408

Sq. Ft.

1925

Year Built

Quick Summary

Bedrooms 4
Bathrooms 3 full, 1 half
Living Area 2,408 sq ft
Year Built 1925
Parking Garage
Neighborhood Bay Ridge

Property Highlights

  • Outdoor Space: Building Terrace, Terrace
  • Style: Prewar architecture
  • Parking: Private garage

Property Details

Type Multi Family
Total Rooms 12
Baths 2 Full, 1 Half
Heating Building Natural Gas, Natural Gas
Pets Yes
Cross Street 71st Street/72nd Street
Year Built 1925
Living Area 2,408 sq ft
Parking Garage Available
Architectural Style Prewar
Parcel # 05888-0042
Block/Lot 5888/42

Listing History

Event Date Price Change
Listed Oct 13, 2022 $1,602,500 -
Price Reduced Jul 24, 2023 $1,595,000 -0.5%

Description

SUNNY CORNER HOUSE WITH THREE PARKING SPOTS Fall in love with this super sunny two family home with THREE PARKING SPOTS in beautiful tree lined Bay Ridge. This fully detached corner brick house is filled with light in every room through gorgeous new windows. The top two floors are the perfect owner's duplex. On the first floor, a spacious living room opens to a formal dining room which flows to the kitchen. The kitchen was recently renovated with cherry cabinets and stainless steel appliances including a Sub-Zero refrigerator. This floor also includes a renovated half bath, side by side washer & dryer and terrace off the kitchen. Upstairs are three very generously sized bedrooms, lots of closets, and a large renovated bathroom with both a tub and shower. Through a separate street level entrance is the charming and beautifully renovated one bedroom apartment. Both the kitchen and bathroom were renovated in all white for a clean and timeless look. The living room is large enough to accommodate a separate dining area, the bedroom is ample, and there is in-unit laundry. There is a lovely tenant in place until January 2023 with hopes to stay on with the new owner. Easy access to Manhattan via subway, ferry, and express bus. Note: Primary entrance is 125 72nd Street but tax bill lists 7124 Colonial Road.

Features & Amenities

Exterior Features

Building Garden Building Terrace Terrace

Building Information

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, 10:07 PM EST

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Location

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7124 Colonial Road, Bay Ridge, Kings County • Near 71st Street/72nd Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1925
Year Built
101 years old
2
Floors
2
Residential Units
R3-2
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $106,560
Land Value: $14,880
Exemptions: $53,280

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

Lot Area: 1,571 SF
Building Area: 2,408 SF
Built FAR: 1.53
Allowed FAR: 0.75

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

This property has 4 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 2,408 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1925, making it approximately 101 years old.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,602,500 for 2,408 sq ft, the asking price per square foot is approximately $665. 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: RLS10874395
First Listed: 10/13/2022
Price Changed: 7/24/2023
Closed: 7/20/2023
Contract Date: 10/12/2022

Listing Courtesy of Compass - Laura Amin

Listing Contact: (917) 447-9809

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 2:07 AM UTC

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