Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $10,000,000

Listed at $11,000,000 · Sold 9.1% below asking · Closed May 11, 2015

259 Banker Street #0
Closed For Sale Multi Family

$11,000,000

$688 per sq ft

259 Banker Street #0

Greenpoint, Brooklyn

MLS® #RLS10060343

RLS at REBNY

Listing by Elliman

Studio

0

Bath

16,000

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Living Area 16,000 sq ft
Year Built 1931
Neighborhood Greenpoint

Property Highlights

  • Character: Pre-war building (1931)

Property Details

Type Multi Family
Baths null Full
Cross Street Calyer
Year Built 1931
Living Area 16,000 sq ft
Parcel # 02593-0008

Listing History

Event Date Price Change
Listed Feb 10, 2015 $11,000,000 -
Currently Jun 2, 2026 $11,000,000 -

Description

Nothing else like it! 259 Banker Street: This massive two-story brick and steel industrial building has been painstakingly transformed by the current owners into an impeccable grand live/work paradise. At approximately 15,000sqft on a 72' x 126' lot it offers tremendous scale, potential and versatility for a new owner. Currently comprised of an artist studio on the main floor and beautifully renovated loft apartment above, your imagination is the limit on what comes next. The ground floor studio encompasses four work spaces including a great central room with 24 foot ceilings and rear wall of glass leading to a 3000sqft courtyard. There is also a private gallery, office, separate eat in kitchen, freight elevator and indoor parking. Some of the other innumerable highlights of the loft above include: 12 ft ceilings with custom skylights, a chefs kitchen with Subzero, and Wolf appliances, central heat and ac, all new mechanicals, an indoor/outdoor patio with retractable roof, separate guest suite, and skyline views of Manhattan. This is a very special property. Showings by private appointment. *All measurements and sqft figures are approximate and should be independently verified.

Building Information

Greenpoint is a neighborhood that perfectly balances its industrial heritage with a modern, creative spirit. Known for its stunning views of the Manhattan skyline and its rich industrial heritage, the area has become a premier destination for luxury living. The real estate landscape features a mix of historic multi-family homes, converted factory lofts, and a new wave of high-end glass towers along the East River waterfront.

Greenpoint Live Market Data

View Neighborhood

Active Listings

68

Median Asking Price

$1.90M

Median $/Sqft

$1,485

Avg Days on Market

N/A

New This Week

6

Price Reduced

24%

Sold (30 Days)

9

Median Sale Price

$1.07M

Live data from RLS at REBNY • Updated 6/2/26, 1:34 PM EST

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Location

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259 Banker Street #0, Greenpoint, Kings County • Near Calyer

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
2
Floors
1
Residential Units
M1-1
Zoning District

Tax & Assessment

Assessed Value: $1,322,550
Land Value: $92,700
Exemptions: $0

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

Lot Area: 9,145 SF
Building Area: 14,920 SF
Built FAR: 1.63

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 0 bedrooms and 0 full bathrooms.

The listed interior living area is 16,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1931, making it approximately 95 years old.

At the current list price of $11,000,000 for 16,000 sq ft, the asking price per square foot is approximately $688. 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: RLS10060343
First Listed: 2/10/2015
Closed: 5/11/2015
Contract Date: 2/3/2015

Listing Courtesy of Elliman - Chris R. Sheller

Listing Contact: (917) 576-2985

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 6/2/2026 at 5:34 PM UTC

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