Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
316 84th Street

For Sale · Listing by Compass

316 84th Street

Bay Ridge, Brooklyn

$2,250,000

Interested in this property?
Active For Sale Multi Family

$2,250,000

$915 per sq ft

316 84th Street

Bay Ridge, Brooklyn

MLS® #RLS20097384

RLS at REBNY

Listing by Compass

6
Bedrooms
4
Baths
2,458
Sq. Ft.
1926
Year Built

Quick Summary

Bedrooms 6
Bathrooms 4
Living Area 2,458 sq ft
Lot Size 2,458 sq ft
Year Built 1926
Ownership None
Property Taxes $18,213/yr
Neighborhood Bay Ridge
Floor 1 of 2

Property Highlights

  • Character: Pre-war building (1926)

Property Details

Type Multi Family
Ownership None
Total Rooms 12
Baths 4 Full
Floor 1 of 2
Pets Yes
Year Built 1926
Living Area 2,458 sq ft
Structure Type MultiFamily
Furnished Unfurnished
Lot Size 2,458 sq ft
Parcel # 06025-0012
Block/Lot 06025/0012

Listing History

Event Date Price Change
Listed Sep 1, 2026 $2,599,000 -
Price Reduced Sep 1, 2026 $2,488,000 -4.3%
Currently Sep 2, 2026 $2,250,000 -9.6%

Description

Prime Bay Ridge 4-Family Investment Opportunity An exceptional opportunity to own a substantial semi-attached brick four-family property in the heart of Bay Ridge—one of Brooklyn’s most established and highly sought-after neighborhoods. Perfectly positioned near shopping, dining, parks, schools, and convenient transportation, this well-maintained income-producing property offers an outstanding combination of immediate rental income, future upside, and owner-occupant flexibility. The property features four free-market apartments with a desirable and versatile layout: a spacious garden-level apartment, two apartments on the first floor, and a top-floor apartment complete with its own private balcony. Two units are currently occupied and two will be delivered vacant, creating a rare opportunity for an investor to set new rents or for an owner to move in while collecting income from the remaining apartments. Additional highlights include a shared driveway, a detached two-car garage, washer and dryer, multiple outdoor spaces, and strong rental potential in a neighborhood where quality multi-family properties are always in demand. Whether you’re looking to expand your real estate portfolio, generate substantial rental income, or live in one unit while your tenants help offset your expenses, this property offers tremendous possibilities in a prime Bay Ridge location. A rare multi-family opportunity offering income, flexibility, parking, and long-term investment potential—all in one of Brooklyn’s most desirable neighborhoods.

Features & Amenities

Interior Features

See Remarks

Building Information

Building Data View Compliance & Permits
Total Units 4
Stories 2
Structure MultiFamily

Financial Details

RE Taxes $18,213/yr ($1,518/mo)
Original Price $2,599,000
Previous Price $2,488,000

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

38

Median Asking Price

$529K

Median $/Sqft

$542

Avg Days on Market

N/A

New This Week

2

Price Reduced

45%

Sold (30 Days)

9

Median Sale Price

$900K

Live data from RLS at REBNY • Updated 9/2/26, 9:18 AM EST

Location

Loading map...

316 84th Street, Bay Ridge, Kings County

Building Information

Official NYC property records for this building

1926
Year Built
100 years old
2
Floors
4
Residential Units
R4-1
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $344,700
Land Value: $74,250
Exemptions: $0

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

Lot Area: 2,458 SF
Building Area: 2,320 SF
Built FAR: 0.94
Allowed FAR: 1

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 common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $18,213, or roughly $1,518 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 4 full bathrooms.

The listed interior living area is 2,458 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1926, making it approximately 100 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $2,250,000 for 2,458 sq ft, the asking price per square foot is approximately $915. 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 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: RLS20097384
First Listed: 6/12/2026
On Market: 9/1/2026
Price Changed: 9/1/2026
Contract Date: 5/29/2026

Listing Courtesy of Compass - ATHENA SALAVANTIS

Listing Contact: (917) 992-4905

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 9/2/2026 at 1:18 PM UTC

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Bay Ridge Market Update

9 sales last 30 days · $529K median · 4.2 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Bay Ridge Borough Brooklyn
County Kings
Floor 1 of 2
Year Built 1926
First Listed 6/12/2026
Living Area 2,458 sqft
Annual Tax $18,213

Monthly Costs Estimate

Down Payment 20%

$450,000

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 $1,518
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $2M to $2,999,999 at 1.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$28,125

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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