Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,425,000

· Closed July 15, 2024

251 71ST Street
Closed For Sale Multi Family

$1,425,000

$528 per sq ft

251 71ST Street

Bay Ridge, Brooklyn

MLS® #RLS10988077

RLS at REBNY

Listing by Corcoran Group

5

Bedrooms

3

Baths

2,700

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 2,700 sq ft
Lot Size 2,000 sq ft
Year Built 1910
Ownership None
Property Taxes $9,408/yr
Neighborhood Bay Ridge
Floor 1 of 2

Property Highlights

  • Views: Other
  • Fireplace: 1 fireplace
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Ownership None
Total Rooms 13
Baths 3 Full
Floor 1 of 2
View Other
Pets Yes
Year Built 1910
Living Area 2,700 sq ft
Structure Type Townhouse
Basement Other
Lot Size 2,000 sq ft
Parcel # 05886-0057
Block/Lot 05886/0057

Listing History

Event Date Price Change
Listed Jun 28, 2024 $1,350,000 -
Currently May 1, 2026 $1,425,000 +5.6%

Description

Welcome home to 251 71st Street: the majestic, 20 foot wide, two family, barrel front limestone with three full floors you have been waiting for! This gracious home has preserved many of it's original details, including gorgeous woodwork and plaster molding throughout and several decorative mantels (that could potentially be made into working fireplaces). Soaring ceiling heights, and oversized bay windows create a light and airy feel throughout. Pristine hardwood floors are found in every room but the kitchen, and a full, dry, basement ensures you have plenty of room for storage (or finish out to fulfill your ultimate rec room fantasy!) In addition, the home has been updated with a renovated full bathroom on each floor, and a full laundry room. The large, 880 sqft backyard is fully decked for easy upkeep, and provides plenty of space for your next gathering with friends and family!

The home is currently configured as a single family home with a garden level kitchen walking out to the spacious backyard beyond, but could also be used as a two family home with a lower duplex and a top floor two bedroom rental or create a grand upper duplex with a parlor level kitchen and deck to the the backyard beyond with 4 bedrooms and 1 bath or 3 bedrooms and 2 baths upstairs, and a one bedroom rental below. Gas and water hookups exist in the back left room on both the parlor level and 3rd floor to make either of these conversions super easy.

251 71st Street is located on a picture perfect tree lined block, with PS 102 conveniently right down the street. The location is quiet and residential, but at the same time provides easy access to numerous neighborhood favorites on 3rd Avenue, as well a SuperFresh Grocery Store just two blocks away. The Narrows Botanical Gardens and offer peaceful harbor views just three blocks away, and Owls Head Park offers plenty of space for play and rest a mere 4 blocks away. Subway access is also easy, with the Bay Ridge Avenue R just three blocks away, which if you transfer to the N at 59th Street, makes Manhattan just 5 stops away.



Features & Amenities

Interior Features

Smoke Free Building Other Washer Hookup In Unit Fireplace (1)

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 $9,408/yr ($784/mo)
Original Price $1,350,000
Sale Price $1,425,000
Previous Price $1,350,000

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, 11:43 AM EST

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Location

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251 71ST Street, Bay Ridge, Kings County

Floor Plans

Floor Plan 1

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: $97,860
Land Value: $14,940
Exemptions: $0

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

Lot Area: 2,000 SF
Building Area: 2,796 SF
Built FAR: 1.4
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 $9,408, or roughly $784 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms.

The listed interior living area is 2,700 square feet. Verify dimensions independently during due diligence.

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.

At the current list price of $1,425,000 for 2,700 sq ft, the asking price per square foot is approximately $528. 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: RLS10988077
First Listed: 5/1/2024
On Market: 6/28/2024
Price Changed: 7/16/2024
Closed: 7/15/2024
Contract Date: 5/1/2024

Listing Courtesy of Corcoran Group - Bridget Applegate

Listing Contact: (917) 826-2273

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 3:43 PM UTC

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