Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,325,000

· Closed September 4, 2020

248 87th Street
Closed For Sale Multi Family

$1,325,000

248 87th Street

Bay Ridge, Brooklyn

MLS® #RLS10642381

RLS at REBNY

Listing by The Corcoran Group

5

Bedrooms

3

Baths

N/A

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Year Built 1899
Neighborhood Bay Ridge

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1899)

Property Details

Type Multi Family
Total Rooms 10
Baths 3 Full
Pets Yes
Cross Street Ridge Blvd & 3rd Avenue
Year Built 1899
Architectural Style Prewar
Parcel # 06048-0021

Listing History

Event Date Price Change
Listed Jun 21, 2020 $1,325,000 -
Currently May 2, 2026 $1,325,000 -

Description

248 87th Street and Parking Bayridge Beauty and Parking! This 20 foot wide two family barrel front blonde brick home with rental income and parking will make your heart sing. This prewar stunning home features turn of century details including original inlaid parquet floors, oversized sunny windows and gracious proportions. Creature comforts include a country kitchen, 2 lovely full bathrooms, designer lighting and parking for 2 cars! The parlor level of this sweetheart has a sweeping open floorplan, wonderful for entertaining, cozy den, formal dining, full bath and an wonderful cooks kitchen complete with breakfast bar and great room too! The sweet garden off the great room is perfect for al fresco dining and star gazing. One floor up find 4 plus large bedrooms with a master suite and dressing room fit for a queen. The master has a lovely coffered ceiling and lovely bay window. The new full bath has a stall shower and soaking tub with lovely tile and spa finishes. The garden level is a wonderful renovated one bedroom income producing apartment. Bay Ridge offers easy access to excellent private and public schools, some of Brooklyn's finest restaurants, beautiful parks, and public transportation via subway, express bus, or ferry service to downtown Brooklyn and Manhattan.

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 3
Style Prewar

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

$1.30M

Median $/Sqft

$674

Avg Days on Market

N/A

New This Week

1

Price Reduced

33%

Sold (30 Days)

2

Median Sale Price

$509K

Live data from RLS at REBNY • Updated 5/2/26, 4:55 PM EST

Similar Listings in Bay Ridge

View All

Location

Loading map...

248 87th Street, Bay Ridge, Kings County • Near Ridge Blvd & 3rd Avenue

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
2
Floors
2
Residential Units
R3-2
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $113,280
Land Value: $17,580
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 3,462 SF
Built FAR: 1.38
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 5 bedrooms and 3 full bathrooms.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

Pet policy requires confirmation with the listing broker.

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: RLS10642381
First Listed: 6/21/2020
Closed: 9/4/2020
Contract Date: 6/28/2020

Listing Courtesy of The Corcoran Group - Jessica Buchman

Listing Contact: (917) 579-8641

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 8:55 PM UTC

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton