Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,275,000

Listed at $1,300,000 · Sold 1.9% below asking · Closed October 8, 2019

551 74th Street
Closed For Sale Multi Family

$1,300,000

551 74th Street

Bay Ridge, Brooklyn

MLS® #RLS10563403

RLS at REBNY

Listing by The Corcoran Group

Studio

Bedroom

0

Bath

N/A

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Year Built 1901
Neighborhood Bay Ridge

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1901)

Property Details

Type Multi Family
Baths null Full
Pets Yes
Cross Street 5th Avenue & 6th Avenue
Year Built 1901
Architectural Style Prewar
Parcel # 05920-0051
Block/Lot null/null

Listing History

Event Date Price Change
Listed Jun 20, 2019 $1,395,000 -
Currently May 2, 2026 $1,300,000 -6.8%

Description

Welcome home to this beautiful barrel front home on a coveted tree-lined block in Bay Ridge. Pristine original details, hardwood floors with ornate inlays, lovely molding and preserved tin pressed walls make this the perfect Brooklyn home. All the original details with all of the necessary upgrades as well as multiple possible configurations and market rate rental income possibilities. Renovated kitchens and bathrooms, updated fixtures, and central air in the owners apartment and garden level. Finished basement perfect for a rec-room, an in-law, or the perfect owner's duplex with private entrance under the stoop and access to the yard. Intimate deck off of the kitchen the leads out to the beautifully manicured yard with lovely plants and an amazing shade tree, as well as room to grill. Come and see the very best of Bay Ridge, close to shopping, restaurants, subway and buses. Shown by open house or appointment.

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
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

34

Median Asking Price

$1.32M

Median $/Sqft

$735

Avg Days on Market

N/A

New This Week

2

Price Reduced

32%

Sold (30 Days)

2

Median Sale Price

$509K

Live data from RLS at REBNY • Updated 5/2/26, 7:53 PM EST

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Location

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551 74th Street, Bay Ridge, Kings County • Near 5th Avenue & 6th Avenue

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1901
Year Built
125 years old
2
Floors
2
Residential Units
R5B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $97,200
Land Value: $13,920
Exemptions: $0

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

Lot Area: 1,932 SF
Building Area: 3,360 SF
Built FAR: 1.74
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

According to MLS records, the building was constructed in 1901, making it approximately 125 years old.

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: RLS10563403
First Listed: 6/20/2019
Closed: 10/8/2019
Contract Date: 6/20/2019

Listing Courtesy of The Corcoran Group - Susan D Little

Listing Contact: (510) 205-6991

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 11:53 PM UTC

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