Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,850,000

· Closed May 29, 2025

265 81st Street
Closed For Sale Multi Family

$2,850,000

$632 per sq ft

265 81st Street

Bay Ridge, Brooklyn

MLS® #RLS20043256

RLS at REBNY

Listing by Compass

9

Bedrooms

7.5

Baths

4,509

Sq. Ft.

2009

Year Built

Quick Summary

Bedrooms 9
Bathrooms 8 full, 1 half
Living Area 4,509 sq ft
Year Built 2009
Ownership None
Property Taxes $20,652/yr
Parking Garage
Neighborhood Bay Ridge
Floor 1 of 2

Property Highlights

  • Exposure: East,North,South,West facing
  • Outdoor Space: Porch, Terrace
  • Climate Control: Wall Units

Property Details

Type Multi Family
Ownership None
Total Rooms 22
Baths 7 Full, 1 Half
Floor 1 of 2
Exposure East,North,South,West
Heating Wall Furnace
Cooling Wall Units
Pets Yes
Year Built 2009
Living Area 4,509 sq ft
Parking Garage Available
Parking Features Garage
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Basement Full
Parcel # 05987-0052
Block/Lot 05987/0052

Listing History

Event Date Price Change
Listed Mar 5, 2024 $2,850,000 -
Currently May 4, 2026 $2,850,000 -

Description

A Magnificent Unicorn. Awe inspiring, this massive turnkey legal 2-family house lives like a palatial single family with the added benefit of a high value rental. Only with an in-person visit can one truly appreciate the ingenious design of this unique property. Whether you use this as an enormous 2-family, or single family mansion, or rambling family compound where all your loved ones can live together yet separately, you can have it all with this truly terrific home. • Custom designed and built from ground up in 2009, with new plumbing, electrical and mechanicals • Fully detached all brick 34 x 55 building on a 50 x 109 lot • 4509 SF over 3 stories, plus a fully finished 1754 SF basement • 2-car garage plus 1300 SF backyard • Private driveway on one side which allows parking for 3 more cars, and shared driveway on the other • Unit 1 is a triplex with 3 bedrooms, 2.5 bathrooms, rec room and private porch • Unit 2 is an upper duplex with 5 bedrooms, 3 full bathrooms and private 32’ long terrace • PLUS a 1 bedroom 1 bathroom in-law suite with separate private entrance • Fully finished basement has 8'6" ceilings and is accessible through Unit 1 or a separate private entrance • Washer/dryer in each unit • Fully equipped kitchens with stainless steel appliances, granite counters and copious storage • Beautifully tiled classic bathrooms in warm inviting tones • Every bedroom is generously sized with windows and at least one oversized closet • Hardwood floors throughout Perfectly situated on a quiet tree-lined block in the heart of Bay Ridge down the block from lively 3rd Avenue, home to award winning restaurants, supermarkets, green grocers, fitness centers, boutiques, cafes, bakeries, preschools, elite private schools (Poly Prep, Xaverian, Bay Ridge Prep, Fontbonne, Adelphi Academy, etc.), the list goes on. Conveniently located a few blocks from the train. Your choice of playgrounds and parks within a half mile radius or less. Did you know that Bay Ridge is Brooklyn’s most accessible neighborhood? * Train: R train. Two stops to express N train. 35 minutes to Union Square, Manhattan. * Express Bus: luxurious 30 minute ride to lower Manhattan (x27) or Flat Iron DIstrict (x28). * Ferry: at the 69th St pier (serves drinks too!) * Car: easy access to both the Belt Parkway and BQE, Brooklyn’s only 2 highways. * Plane: about 35 minutes to all 3 NYC area airports.

Features & Amenities

Interior Features

Granite Counters Kitchen Island Walk In Closets See Remarks Flooring: Hardwood

Exterior Features

Private Entrance Private Outdoor Space Over60 Sqft Private Yard Porch Terrace

Appliances

Dishwasher Gas Cooktop Gas Oven Refrigerator Range Hood Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 2
Structure MultiFamily

Financial Details

RE Taxes $20,652/yr ($1,721/mo)
Sale Price $2,850,000

Bay Ridge is a historic neighborhood in Southwest Brooklyn with views of the Verrazzano-Narrows Bridge and New York Harbor. Commercial corridors along 3rd and 5th Avenues run through the area, and the housing stock includes historic row houses, pre-war cooperatives, and modern condominiums, with Shore Road Park and the waterfront promenade to the west.

Bay Ridge Live Market Data

View Neighborhood

Active Listings

35

Median Asking Price

$1.30M

Median $/Sqft

$735

Avg Days on Market

N/A

New This Week

2

Price Reduced

31%

Sold (30 Days)

3

Median Sale Price

$504K

Live data from RLS at REBNY • Updated 5/4/26, 1:44 PM EST

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Location

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265 81st Street, Bay Ridge, Kings County

Building Information

Official NYC property records for this building

2006
Year Built
20 years old
2
Floors
2
Residential Units
R4A
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $201,300
Land Value: $25,080
Exemptions: $0

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

Lot Area: 5,467 SF
Building Area: 4,509 SF
Built FAR: 0.82
Allowed FAR: 1

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 common charges are $0 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $20,652, or roughly $1,721 per month. Verify the current assessment with your attorney before closing.

This property has 9 bedrooms and 7 full bathrooms and 1 half bathroom.

The listed interior living area is 4,509 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2009, making it approximately 17 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

At the current list price of $2,850,000 for 4,509 sq ft, the asking price per square foot is approximately $632. 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: RLS20043256
First Listed: 8/18/2025
On Market: 3/5/2024
Price Changed: 8/18/2025
Closed: 5/29/2025
Contract Date: 1/15/2024

Listing Courtesy of Compass - Helen Chee

Listing Contact: (347) 733-5801

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 5:44 PM UTC

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