For Sale · Listing by Douglas Elliman Real Estate
237 BAINBRIDGE Street
Stuyvesant Heights, Brooklyn
$3,800,000
$3,800,000
237 BAINBRIDGE Street
MLS® #RLS20099774
Listing by Douglas Elliman Real Estate
- 8
- Bedrooms
- 5.5
- Baths
- N/A
- Sq. Ft.
- 2013
- Year Built
Quick Summary
Property Highlights
- Views: Other
- Climate Control: Central Air
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Jun 24, 2026 | $3,800,000 | - |
| Currently | Aug 19, 2026 | $3,800,000 | - |
Description
237 Bainbridge Street presents a strong opportunity to acquire a newly constructed 8-family multifamily building in the heart of Brooklyn. Built in 2013, the property spans approximately 5,989 square feet and sits within a 30-foot-wide building, offering a desirable mix of one- and two-bedroom residences. The property benefits from high in-place income, very low expenses, and annual real estate taxes of $11,231, supported by a 421A tax abatement in place through 2031. Upon expiration of the abatement period, future ownership may have the opportunity to increase rents or explore a potential condominium conversion, subject to applicable approvals. Located just a 5-minute walk from the A/C subway lines, 237 Bainbridge offers excellent access, strong investment fundamentals, and a highly compelling option for 1031 exchange buyers.
Features & Amenities
Interior Features
Exterior Features
Building Amenities
Building Information
Financial Details
About Stuyvesant Heights
View All Stuyvesant Heights ListingsStuyvesant Heights is a historic Brooklyn neighborhood within the landmarked Bedford-Stuyvesant historic district, known for its brownstone architecture. Housing stock ranges from historic pre-war cooperatives to newer condominium developments, with A/C train service.
Stuyvesant Heights Live Market Data
View NeighborhoodActive Listings
63
Median Asking Price
$1.63M
Median $/Sqft
$922
Avg Days on Market
N/A
New This Week
0
Price Reduced
25%
Sold (30 Days)
4
Median Sale Price
$1.38M
Live data from RLS at REBNY • Updated 8/19/26, 12:55 AM EST
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Location
237 BAINBRIDGE Street, Stuyvesant Heights, Kings County
Floor Plans
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
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
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
The current listed annual property tax is $11,208, or roughly $934 per month. Verify the current assessment with your attorney before closing.
This property has 8 bedrooms and 5 full bathrooms and 2 half bathrooms.
According to MLS records, the building was constructed in 2013, making it approximately 13 years old.
This listing is None
Pets are permitted at this property. Contact Milton Coste 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) 416-7433Listing Courtesy of Douglas Elliman Real Estate - Shai Bernstein
Listing Contact: (718) 708-3350
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 Data display by Keller Williams NYC. Data last updated on 8/19/2026 at 4:55 AM UTC
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Stuyvesant Heights Market Update
4 sales last 30 days · $1.63M median · 15.8 months supply
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Quick Facts
Monthly Costs Estimate
$760,000
Source: Freddie Mac PMMS
Est. Monthly Payment
$0
Estimates only. Consult a lender for exact figures.
Mansion tax applies at this price point
New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $3M to $4,999,999 at 1.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.
Estimated mansion tax at asking
$57,000
Estimate based on the asking price. Confirm your own obligation with your real estate attorney.
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