Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

495 BAINBRIDGE Street
Interested in this property?
Pending For Sale Multi Family

$1,240,000

495 BAINBRIDGE Street

Ocean Hill, Brooklyn

MLS® #RLS20026698

RLS at REBNY

Listing by Serhant

6

Bedrooms

3

Baths

N/A

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 6
Bathrooms 3
Lot Size 2,375 sq ft
Year Built 1910
Ownership None
Property Taxes $4,452/yr
Neighborhood Ocean Hill
Floor 1 of 1

Property Highlights

  • Views: Other
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Ownership None
Total Rooms 8
Baths 3 Full
Floor 1 of 1
View Other
Pets Yes
Year Built 1910
Structure Type Townhouse
Basement Other
Lot Size 2,375 sq ft
Parcel # 01506-0071
Block/Lot 01506/0071

Listing History

Event Date Price Change
Listed May 27, 2025 $1,300,000 -
Currently Jun 20, 2026 $1,240,000 -4.6%

Description

Ocean Hill Brownstone - Full Gut Renovation Opportunity - 3 Units Classic Brooklyn brownstone located in the heart of Ocean Hill rich with history, culture, and architectural charm. 495 Bainbridge Street is a fully vacant three-story townhome, offering a rare canvas for homeowners and developers alike to bring a dream vision to life. This expansive 2,331 sq ft property sits on an 18.5" x 100" lot, providing a generous footprint to reimagine the house to suit modern living while preserving its original character. The property boasts beautiful original details including carved stonework, wrought iron railings, and elevated front stoop entry-ready to be restored to their former glory. Property Highlights: Lot Size: 18.5 ft x 100 ft - 4 FLOORS (Cellar / Garden level / 1st floor / 2nd floor) Interior Sq Ft: 2,331 sq ft Zoning: R6 Delivered Fully Vacant Full Gut Renovation Needed - Bring your architect and contractor Original Details Intact - Great potential to restore period features Multi-unit Potential - Explore conversion or rental income opportunities Whether you're an investor looking to transform a classic structure, a developer with a vision for a modern multi-unit layout, or an end-user ready to craft your dream home in one of Brooklyn's rising neighborhoods-this is your blank canvas. Located just blocks from the J, Z, A, and C subway lines, you're minutes from downtown Brooklyn and Manhattan, with quick access to local restaurants, parks, and cultural institutions. Ocean Hill is experiencing exciting revitalization, and this is your opportunity to be part of its growth. This is the kind of property that doesn't come along often. Unlock its potential and create something truly special.

Features & Amenities

Interior Features

Smoke Free In Unit

Exterior Features

Private Outdoor Space Over60 Sqft

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units -1
Stories 1
Structure Townhouse

Financial Details

RE Taxes $4,452/yr ($371/mo)
Original Price $1,300,000
Previous Price $1,300,000

Ocean Hill features historic row houses and co-op buildings, set amongst green space near coastal parks. The area is served by transit connections, offering accessibility near major thoroughfares. Architectural elements range from brownstone townhomes to modern residential complexes, defining the physical landscape of this NYC borough.

Ocean Hill Live Market Data

View Neighborhood

Active Listings

6

Median Asking Price

$1.39M

Median $/Sqft

$465

Avg Days on Market

N/A

New This Week

0

Price Reduced

17%

Sold (30 Days)

0

Median Sale Price

$1.05M

Live data from RLS at REBNY • Updated 6/20/26, 9:14 AM EST

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Location

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495 BAINBRIDGE Street, Ocean Hill, Kings County

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
2
Floors
3
Residential Units
R6
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $120,900
Land Value: $19,020
Exemptions: $0

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

Lot Area: 1,850 SF
Building Area: 2,331 SF
Built FAR: 1.26
Allowed FAR: 2.43

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 $4,452, or roughly $371 per month. Verify the current assessment with your attorney before closing.

This property has 6 bedrooms and 3 full bathrooms.

According to MLS records, the building was constructed in 1910, making it approximately 116 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 [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: RLS20026698
First Listed: 5/28/2025
On Market: 5/27/2025
Price Changed: 1/5/2026
Pending Since: 10/10/2025
Contract Date: 5/27/2025

Listing Courtesy of Serhant - Curtis Quow

Listing Contact: (347) 385-1105

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 6/20/2026 at 1:14 PM UTC

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