Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
40 89th Street #4F

For Sale · Listing by Compass

40 89th Street #4F

Bay Ridge, Brooklyn

$319,000

Interested in this property?
Active For Sale • Co-op

$319,000

$440 per sq ft

40 89th Street #4F

Bay Ridge, Brooklyn

MLS® #RLS20121121

RLS at REBNY

Listing by Compass

1
Bedroom
1
Bath
725
Sq. Ft.
1950
Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 725 sq ft
Lot Size 16,000 sq ft
Year Built 1950
Ownership Co-op
Property Taxes $11,760/yr
Neighborhood Bay Ridge
Floor 4 of 6

Property Highlights

  • Location: Bay Ridge, Brooklyn
  • Property Type: Co-op
  • Built: 1950

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 4 of 6
Pets Yes
Year Built 1950
Living Area 725 sq ft
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Lot Size 16,000 sq ft
Block/Lot 06078/0031

Listing History

Event Date Price Change
Listed Oct 15, 2026 $319,000 -
Currently Oct 16, 2026 $319,000 -

Description

Welcome to this spacious 1 Bedroom apartment nestled on a beautiful tree-lined street in one of Brooklyn's most desirable neighborhoods. As you walk into this newly remodeled apartment, you will be impressed by the gorgeous hardwood floors, the new kitchen and bathroom, along with a king-sized bedroom and its many closets throughout! There are windows in every room-including kitchen and bathroom-allowing for all day sunlight and fresh air! Located on the 4th floor of this well-maintained elevator building just steps to Shore Road, all transportation, shopping and nighlife! On-site laundry room and bike storage are just some of the amenities included with this Move-In Ready apartment just waiting for its new owner!

Features & Amenities

Interior Features

Common On Floor Common Area Flooring: Hardwood

Building Amenities

Elevators

Building Information

Building Data View Compliance & Permits
Total Units 72
Stories 6
Structure HighRise

Financial Details

RE Taxes $11,760/yr ($980/mo)

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

58

Median Asking Price

$529K

Median $/Sqft

$568

Avg Days on Market

N/A

New This Week

7

Price Reduced

29%

Sold (30 Days)

9

Median Sale Price

$645K

Live data from RLS at REBNY • Updated 10/16/26, 7:12 PM EST

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Location

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40 89th Street #4F, Bay Ridge, Kings County

Building Information

Official NYC property records for this building

1950
Year Built
76 years old
6
Floors
72
Residential Units
R7A
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $3,253,500
Land Value: $540,000
Exemptions: $71,599

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

Lot Area: 20,000 SF
Building Area: 61,026 SF
Built FAR: 3.05
Allowed FAR: 4

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

The current listed annual property tax is $11,760, or roughly $980 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 725 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1950, making it approximately 76 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with Milton Coste.

At the current list price of $319,000 for 725 sq ft, the asking price per square foot is approximately $440. 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 [email protected]. 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: RLS20121121
First Listed: 10/15/2026
On Market: 10/15/2026
Price Changed: 10/15/2026
Contract Date: 10/12/2026

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.

How working with a buyer's agent works: I work for you, not the seller. Before I show you anything, New York brokerage rules ask us to put that in writing: an agreement and a disclosure that say I work for you and negotiate on your behalf. The agreement is non-exclusive: you can work with other agents, it runs for a short fixed term we agree on, and you can end it with a note. You may attend open houses independently without an agreement. Read how it works

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 10/16/2026 at 11:12 PM UTC

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Milton Coste - NYC Real Estate Broker

Milton Coste

Licensed Real Estate Associate Broker

Keller Williams NYC

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Sale history, taxes, violations and comps for this unit

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Bay Ridge Market Update

9 sales last 30 days · $529K median · 6.4 months supply

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New listings in this neighborhood

Quick Facts

Status Active Type Co-op Neighborhood Bay Ridge Borough Brooklyn
County Kings
Floor 4 of 6
Year Built 1950
First Listed 10/15/2026
Living Area 725 sqft
Annual Tax $11,760

Monthly Costs Estimate

Down Payment 20%

$63,800

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 $980
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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You're contacting Milton Coste, a buyer's agent. Before any private showing, New York brokerage rules require a short non-exclusive agreement. Milton walks you through it before you sign anything. Broker commissions are not set by law and are fully negotiable. How working together works.

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