Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
237 BAINBRIDGE Street
Interested in this property?
Active For Sale Multi Family

$3,800,000

237 BAINBRIDGE Street

Stuyvesant Heights, Brooklyn

MLS® #RLS20099774

RLS at REBNY

Listing by Douglas Elliman Real Estate

8

Bedrooms

5.5

Baths

N/A

Sq. Ft.

2013

Year Built

Quick Summary

Bedrooms 8
Bathrooms 6 full, 2 half
Lot Size 3,000 sq ft
Year Built 2013
Ownership None
Property Taxes $11,208/yr
Neighborhood Stuyvesant Heights
Floor 1 of 4

Property Highlights

  • Views: Other
  • Climate Control: Central Air

Property Details

Type Multi Family
Ownership None
Total Rooms 23
Baths 5 Full, 2 Half
Floor 1 of 4
View Other
Cooling Central Air
Pets Yes
Year Built 2013
Structure Type Townhouse
Basement Other
Lot Size 3,000 sq ft
Parcel # 01682-0070
Block/Lot 01682/0070

Listing History

Event Date Price Change
Listed Jun 24, 2026 $3,800,000 -
Currently Jun 24, 2026 $3,800,000 -

Description

237 Bainbridge Street presents a strong opportunity to acquire a newly constructed 8-family multifamily building in the heart of Brooklyn. Built in 2013, the property spans approximately 5,989 square feet and sits within a 30-foot-wide building, offering a desirable mix of one- and two-bedroom residences. The property benefits from high in-place income, very low expenses, and annual real estate taxes of $11,231, supported by a 421A tax abatement in place through 2031. Upon expiration of the abatement period, future ownership may have the opportunity to increase rents or explore a potential condominium conversion, subject to applicable approvals. Located just a 5-minute walk from the A/C subway lines, 237 Bainbridge offers excellent access, strong investment fundamentals, and a highly compelling option for 1031 exchange buyers.

Features & Amenities

Interior Features

Smoke Free Building Other

Exterior Features

None

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 8
Stories 4
Structure Townhouse

Financial Details

RE Taxes $11,208/yr ($934/mo)

Stuyvesant Heights is a historic Brooklyn neighborhood within the landmarked Bedford-Stuyvesant historic district, known for its brownstone architecture. Housing stock ranges from historic pre-war cooperatives to newer condominium developments, with A/C train service.

Stuyvesant Heights Live Market Data

View Neighborhood

Active Listings

67

Median Asking Price

$1.75M

Median $/Sqft

$893

Avg Days on Market

N/A

New This Week

2

Price Reduced

28%

Sold (30 Days)

9

Median Sale Price

$1.11M

Live data from RLS at REBNY • Updated 6/24/26, 7:27 PM EST

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Location

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237 BAINBRIDGE Street, Stuyvesant Heights, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2013
Year Built
13 years old
4
Floors
8
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $881,100
Land Value: $141,750
Exemptions: $689,760

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

Lot Area: 3,000 SF
Building Area: 5,989 SF
Built FAR: 2
Allowed FAR: 2

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 $11,208, or roughly $934 per month. Verify the current assessment with your attorney before closing.

This property has 8 bedrooms and 5 full bathrooms and 2 half bathrooms.

According to MLS records, the building was constructed in 2013, making it approximately 13 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: RLS20099774
First Listed: 6/24/2026
On Market: 6/24/2026
Price Changed: 6/24/2026
Contract Date: 6/24/2026

Listing Courtesy of Douglas Elliman Real Estate - Shai Bernstein

Listing Contact: (718) 708-3350

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 6/24/2026 at 11:27 PM UTC

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