Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $250,000

· Closed October 19, 2023

1199 E 53RD Street #4G
Closed For Sale Co-op

$250,000

$256 per sq ft

1199 E 53RD Street #4G

Flatlands, Brooklyn

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MLS® #RLS10902258

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

1

Bath

978

Sq. Ft.

1965

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 978 sq ft
Year Built 1965
Ownership Co-op
Maintenance $927/mo
Neighborhood Flatlands
Floor 4 of 7

Property Highlights

  • New Construction: Brand new building

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 4 of 7
Pets Yes
Cross Street AVENUE I and AVENUE J
Year Built 1965 (New)
Living Area 978 sq ft
Parcel # 07779-0022-01199-000-000004G

Listing History

Event Date Price Change
Listed Jan 10, 2023 $265,000 -
Price Reduced Oct 20, 2023 $258,000 -2.6%
Currently May 17, 2026 $250,000 -3.1%

Description

Opportunity to own in lovely King's Village in Flatlands, Brooklyn in a very well-maintained building. Enter into this charming unit which features 2 bedrooms and 1 bathroom apartment and you will be greeted by the abundance of sunlight. Spacious living room/dining room combo which connects to the kitchen through a Transom window. The recently redone kitchen is equipped with stainless steel appliances. There is ample closet space with custom built in closets at the entrance. Each bedroom includes closets and oversized windows. The building includes on site laundry room and security. Short wait list for parking space. Conveniently located in Flatlands close to malls, restaurants and both express and local buses.

Some photos have been virtually staged to show the apartments full potential.

Financing is allowed up to 90% of the purchase price. Sublet allowed after 2 years.

Listing Features / Amenities
2 bedrooms
1 bathroom
Transom window
Updated kitchen and bathroom
Spacious living room/dining room combo
Kitchen with stainless steel appliances and granite countertops
Lots of closets
Laundry in building
Close to public transportation, schools, and shopping
Parking available with short wait list

Features & Amenities

Appliances

Dishwasher

Building Information

Financial Details

Maintenance $927/mo
Original Price $265,000
Sale Price $250,000
Previous Price $258,000

Flatlands is a southeastern Brooklyn neighborhood of single-family detached homes, two-family brick houses, and low-rise apartment buildings on a flat grid of residential streets. The B/Q trains at the Kings Highway and Avenue U stations serve the western portion, and local buses provide additional connections. Floyd Bennett Field, the city's first municipal airport and now a national recreation area, borders the southern edge.

Flatlands Live Market Data

View Neighborhood

Active Listings

9

Median Asking Price

$700K

Median $/Sqft

$572

Avg Days on Market

N/A

New This Week

1

Price Reduced

33%

Sold (30 Days)

3

Median Sale Price

$665K

Live data from RLS at REBNY • Updated 5/17/26, 2:51 PM EST

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Location

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1199 E 53RD Street #4G, Flatlands, Kings County • Near AVENUE I and AVENUE J

Building Information

Official NYC property records for this building

1966
Year Built
60 years old
6
Floors
156
Residential Units
R5
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $6,684,750
Land Value: $585,000
Exemptions: $317,053

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

Lot Area: 62,000 SF
Building Area: 149,520 SF
Built FAR: 2.41
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 $927 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 978 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1965, making it approximately 61 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 the listing broker.

At the current list price of $250,000 for 978 sq ft, the asking price per square foot is approximately $256. 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: RLS10902258
First Listed: 1/10/2023
Price Changed: 10/20/2023
Closed: 10/19/2023
Contract Date: 1/9/2023

Listing Courtesy of Douglas Elliman Real Estate - Courtney Mendez

Listing Contact: (718) 820-6633

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 5/17/2026 at 6:51 PM UTC

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