Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

137 Bay Ridge Parkway #1
Interested in this property?
Pending For Sale Co-op

$595,000

137 Bay Ridge Parkway #1

Bay Ridge, Brooklyn

MLS® #RLS11018425

RLS at REBNY

Listing by Garfield Realty Corp

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1986

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1986
Ownership Co-op
Maintenance $784/mo
Neighborhood Bay Ridge
Floor 1 of 3

Property Highlights

  • Exposure: North,South facing
  • Outdoor Space: Patio
  • Style: WalkUp architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 1 of 3
Exposure North,South
Cooling Wall Units
Pets Yes
Cross Street Colonial Road/Ridge Boulevard
Year Built 1986
Architectural Style WalkUp
Parcel # 05927-0061-00137-000-0000001
Block/Lot 5927/0061

Listing History

Event Date Price Change
Listed Oct 29, 2024 $650,000 -
Price Reduced Jul 18, 2025 $620,000 -4.6%
Currently Jun 22, 2026 $595,000 -4.0%

Description

Welcome to 137 Bay Ridge Parkway — a rare find in the Bay Ridge real estate market. This spacious, sun-filled true two-bedroom features an open layout with a split-level design, placing the bedrooms just a few steps above the main living space. Highlights include a private entrance, separate dining alcove, open kitchen with light wood cabinetry, stone countertops, and stainless steel appliances, an in-unit washer/dryer, brand-new refrigerator, new windows, through-wall A/C, and ample closet space. Step outside to your nearly 600-square-foot private backyard — perfect for relaxing, gardening, or entertaining. Basement storage is included at no additional cost, and parking is available (waitlist) for an extra fee. Monthly maintenance and taxes together total an impressively low $784.19. The location is unbeatable, just two blocks from Shore Road and Third Avenue, close to the R train at 77th Street, the B4 bus, and neighborhood favorites like Greenhouse Café, Omonia Café, Bagel Boy, The Salty Dog, Vesuvio’s, Firefly, Little Athens, and Something Greek. Owl’s Head Park and the waterfront promenade are only a short stroll away.

Features & Amenities

Interior Features

Dining Area Entrance Foyer Building Washer Dryer Install Allowed In Unit New Windows

Exterior Features

Building Storage Private Outdoor Space Under60 Sqft Patio

Appliances

Dryer Washer

Building Information

Financial Details

Maintenance $784/mo
Original Price $650,000
Previous Price $620,000

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

36

Median Asking Price

$1.17M

Median $/Sqft

$540

Avg Days on Market

N/A

New This Week

4

Price Reduced

47%

Sold (30 Days)

5

Median Sale Price

$1.43M

Live data from RLS at REBNY • Updated 6/22/26, 10:51 AM EST

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Location

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137 Bay Ridge Parkway #1, Bay Ridge, Kings County • Near Colonial Road/Ridge Boulevard

Building Information

Official NYC property records for this building

1986
Year Built
40 years old
3
Floors
3
Residential Units
R5B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $397,350
Land Value: $6,750
Exemptions: $6,124

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

Lot Area: 2,069 SF
Building Area: 3,338 SF
Built FAR: 1.61
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 monthly maintenance are $784 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1986, making it approximately 40 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.

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 [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: RLS11018425
First Listed: 10/29/2024
On Market: 10/29/2024
Price Changed: 7/18/2025
Pending Since: 2/18/2025
Contract Date: 10/29/2024

Listing Courtesy of Garfield Realty Corp - Josette Marcia Slivinski

Listing Contact: (718) 622-7600

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 6/22/2026 at 2:51 PM UTC

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