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8942 Colonial Rd APT 1R, Brooklyn, NY, 11209

1beds
1baths
600sqft
$428,000
$713price/sqft
$2,713/moest. monthly cost
$108,520/yrincome needed

About This Home

Welcome to this beautifully renovated ground-floor one-bedroom co-op, offering the perfect blend of comfort, style, and rare outdoor living—all with exceptionally low maintenance. Situated in an intimate six-unit building, this home features a spacious 600 sqft interior along with a private garden and deck, highlighted by an impressive 600+ sqft backyard—your own personal sanctuary. Whether hosting summer barbecues, enjoying peaceful mornings, or creating a cozy seasonal retreat, this outdoor space offers endless possibilities. Inside, the apartment has been thoughtfully updated to create a warm and inviting atmosphere. The functional layout maximizes both space and natural light, and the kitchen features radiant heated floors for added comfort. Every detail has been designed to support easy, everyday living. Ideally located, the home offers convenient street parking and excellent access to transportation, including NYC express buses, the R train, and the Belt Parkway for an easy commute. Just minutes from Shore Road Park, you’ll enjoy waterfront views, scenic walking paths, and nearby recreational spaces. Please note: no dogs permitted. Some photos have been virtually staged.

Getting Around

83
WalkingVery Walkable
0
TransitVery Limited Transit
78
BikeVery Bikeable

Schools

8/10
8/10
5/10
Fort Hamilton High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1975

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 600
  • Total interior livable area: 600 sqft

Property

Details

  • Parcel number: 0607801811R
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Garden

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,164$25,968
Home Insurance *$104$1,248
Property Taxes $199$2,388
Electricity $246$2,954
Total$2,713$32,556
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,017/yr
40% on housing$81,390/yr
45% on housing$72,346/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$713This listing

vs Other Active Listings

Avg $/sqft

ZIP 11209$501
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11209$823
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-04Price change$428,000
2026-04-17Listed for sale$459,000
2026-04-15Listing removed--
2026-04-02Listed for sale$469,000
2025-10-21Sold$235,000
2025-09-09Contingent$319,000
2025-09-09Pending sale$319,000
2025-07-07Price change$319,000
2025-06-02Price change$325,000
2025-04-30Price change$359,000
2025-01-17Price change$399,000
2024-11-19Listed for sale$429,000

For Sale by Agent

AgentMichael Davis
BrokerageREMAX Elite

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