Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,179,000

· Closed March 3, 2020

505 Bainbridge Street
Closed For Sale Multi Family

$1,179,000

$535 per sq ft

505 Bainbridge Street

Ocean Hill, Brooklyn

MLS® #RLS10821128

RLS at REBNY

Listing by The Agency

7

Bedrooms

3.5

Baths

2,205

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 7
Bathrooms 4 full, 1 half
Living Area 2,205 sq ft
Year Built 1910
Neighborhood Ocean Hill

Property Highlights

  • Outdoor Space: Building Patio, Patio
  • Style: Prewar architecture
  • Character: Pre-war building (1910)

Property Details

Type Multi Family
Total Rooms 10
Baths 3 Full, 1 Half
Pets Yes
Cross Street Saratoga Avenue/Bainbridge Street
Year Built 1910
Living Area 2,205 sq ft
Architectural Style Prewar
Parcel # 01506-0066
Block/Lot 1506/66

Listing History

Event Date Price Change
Listed Sep 26, 2019 $1,179,000 -
Currently May 4, 2026 $1,179,000 -

Description

Spanning just over 17' wide, this two-family brownstone with its unique facade has touches of original detail throughout including exposed brick on every floor. Wherever possible, the crown moldings were preserved alongside recent bathroom and kitchen renovations. The garden level has a beautiful brick patio waiting for you to transform it into an outdoor sanctuary. The high ceilings on the parlor floor give way to a charming wooden deck that overlooks the backyard. Whether you'd like to live in the building and offset your mortgage with rental income or rent it out entirely to add two more free-market brownstone units to your portfolio: the choice is yours. Additional FAR can be captured and the property's opportunity zone status can help your bottom line. Close to the J, Z, and C trains, Saratoga Park, and many of Bed-Stuy's best-loved restaurants.


All information furnished regarding property for sale, rental or financings from sources deemed reliable but no warranty or representation is made as to accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.

Features & Amenities

Exterior Features

Building Patio Patio

Building Information

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

5

Median Asking Price

$1.25M

Median $/Sqft

$526

Avg Days on Market

N/A

New This Week

0

Price Reduced

60%

Sold (30 Days)

3

Median Sale Price

$1.40M

Live data from RLS at REBNY • Updated 5/4/26, 9:34 AM EST

Similar Listings in Ocean Hill

View All

Location

Loading map...

505 Bainbridge Street, Ocean Hill, Kings County • Near Saratoga Avenue/Bainbridge Street

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
2
Floors
2
Residential Units
R6
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $112,920
Land Value: $17,880
Exemptions: $0

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

Lot Area: 1,750 SF
Building Area: 2,205 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

This property has 7 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,205 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

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

At the current list price of $1,179,000 for 2,205 sq ft, the asking price per square foot is approximately $535. 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: RLS10821128
First Listed: 9/26/2019
Closed: 3/3/2020
Contract Date: 9/25/2019

Listing Courtesy of The Agency - Carson Alexander

Listing Contact: (512) 658-8664

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 5/4/2026 at 1:34 PM UTC

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton