Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $810,000

· Closed October 13, 2017

166 BAY 49TH Street #House

$810,000

$289 per sq ft

166 BAY 49TH Street #House

Gravesend, Brooklyn

MLS® #RLS10825937

RLS at REBNY

Listing by CORE Group Marketing, LLC

7

Bedrooms

3

Baths

2,800

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 7
Bathrooms 3
Living Area 2,800 sq ft
Lot Size 2,900 sq ft
Year Built 1930
Neighborhood Gravesend
Floor 3 of 2

Property Highlights

  • Character: Pre-war building (1930)

Property Details

Type Single Family Residence
Total Rooms 16
Baths 3 Full
Floor 3 of 2
Pets Yes
Year Built 1930
Living Area 2,800 sq ft
Lot Size 2,900 sq ft

Listing History

Event Date Price Change
Listed May 25, 2017 $848,000 -
Currently May 29, 2026 $810,000 -4.5%

Description

This estate sale provides an incredible opportunity that you don't want to miss! This legal three-family home consists of a detached 20' x 50' two-family primary structure with an additional detached two-bedroom, one-bath cottage in the rear of the property. Both structures total approximately 2800 square feet. With a lot measuring approximately 30' x 97' and approximately 2900 square feet in total land, this lot should allow up to 3635 square feet residential FAR or 5800 square feet of facility FAR. Zoned R5, C2-2.! Whether you simply freshen up the building with new touches or redesign from the ground up, there is a tremendous opportunity to build value in this historically residential Brooklyn Enclave. Only moments away from Verrazano Sports Complex, Calvert Vaux Park, Dreier-Offerman Playground and Gravesend Bay, this home is surrounded by abundant natural beauty. The home is two blocks from the subway and near a rich selection of shops, cafes, diners, and restaurants including the likes of L&B Spumoni Gardens, Joe's of Avenue U, and many other favorites. It is also ten minutes away from two iconic Brooklyn landmarks - Coney Island and the NY Aquarium.

Features & Amenities

Exterior Features

Building Garden Garden

Building Information

Gravesend offers a broad housing mix including semi-detached single-family homes, postwar co-op towers, and newly constructed boutique condominiums spread across a grid of low-traffic residential streets in southern Brooklyn. The D, F, and N subway lines serve the neighborhood at multiple stations along Kings Highway and Avenue U, connecting to Midtown Manhattan in about 45 minutes. Calvert Vaux Park provides 73 acres of green space and waterfront access along Coney Island Creek.

Gravesend Live Market Data

View Neighborhood

Active Listings

9

Median Asking Price

$459K

Median $/Sqft

$510

Avg Days on Market

N/A

New This Week

1

Price Reduced

33%

Sold (30 Days)

0

Median Sale Price

$381K

Live data from RLS at REBNY • Updated 5/29/26, 11:19 AM EST

Recently Sold in Gravesend

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Location

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166 BAY 49TH Street #House, Gravesend, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2019
Year Built
7 years old
4
Floors
8
Residential Units
R5
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $731,071
Land Value: $218,252
Exemptions: $0

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

Lot Area: 6,060 SF
Building Area: 7,185 SF
Built FAR: 1.19
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

This property has 7 bedrooms and 3 full bathrooms.

The listed interior living area is 2,800 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1930, making it approximately 96 years old.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $810,000 for 2,800 sq ft, the asking price per square foot is approximately $289. 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: RLS10825937
First Listed: 5/25/2017
Closed: 10/13/2017
Contract Date: 5/17/2017

Listing Courtesy of CORE Group Marketing, LLC - John W Harrison

Listing Contact: (212) 612-9638

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 5/29/2026 at 3:19 PM UTC

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