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7101 Colonial Rd APT L2e, Brooklyn, NY, 11209

1beds
2baths
750sqft
$325,000
$433price/sqft
$2,119/moest. monthly cost
$84,760/yrincome needed

About This Home

7101 Colonial Road, Bay Ridge, Brooklyn — Spacious One-Bedroom Co-op with 1.5 Baths, Storage, and No Flip Tax Welcome to 7101 Colonial Road, a spacious and well-maintained one-bedroom co-op in the heart of Bay Ridge, Brooklyn. Located in a professionally managed, pet-friendly building, this home offers the comfort, convenience, and location today’s buyers are searching for. This generously sized apartment features a large living room and dining room combination, giving you flexible space for relaxing, entertaining, or hosting guests. The home also includes an eat-in kitchen, a king-sized bedroom with an ensuite bath, and an additional half bathroom, a rare and valuable feature for a one-bedroom co-op. The building at 7101 Colonial Road is professionally managed and offers a live-in superintendent, bike storage, pet-friendly policies, and no flip tax, making ownership easier and more cost-effective. Set in one of Brooklyn’s most beloved neighborhoods, this Bay Ridge co-op is surrounded by tree-lined blocks, local restaurants, cafés, shops, and everyday conveniences along 3rd Avenue and 5th Avenue. For outdoor space and waterfront views, the Shore Road Promenade is nearby, offering scenic walking paths, fresh air, and access to one of Bay Ridge’s most beautiful outdoor destinations. Commuting is simple, with the train just three blocks away and express bus service into Manhattan nearby. Whether you are looking for space, convenience, building amenities, or a prime Bay Ridge location, this one-bedroom co-op at 7101 Colonial Road delivers exceptional value. Key features include: spacious one-bedroom layout, 1.5 bathrooms, king-sized bedroom, ensuite bath, eat-in kitchen, large living/dining area, pet-friendly building, live-in superintendent, bike storage, no flip tax, and convenient access to transportation, shopping, dining, and Shore Road.

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
73
BikeVery Bikeable

Schools

6/10
Ps 102 The BayviewGrades K-50.1 mi
7/10
Jhs 259 William MckinleyGrades 6-81.1 mi
5/10
Fort Hamilton High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1928

Type & Style

  • Home type: Cooperative
  • Property subType: Coop

Interior

Appliances

  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 750
  • Total interior livable area: 750 sqft

Property

Details

  • Parcel number: 058890003L2E
  • Special condition: Resale

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
  • Strong Wind
    Strong WindModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Strong Wind
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 $1,643$19,716
Home Insurance *$79$948
Property Taxes $151$1,812
Electricity $246$2,954
Total$2,119$25,428
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,651/yr
40% on housing$63,570/yr
45% on housing$56,506/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

$433This listing

vs Other Active Listings

Avg $/sqft

ZIP 11209$502
Kings County$698

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
2026-03-27Price change$330,000
2026-02-13Price change$349,000
2025-12-22Listed for sale$359,000
2022-04-05Listing removed--
2022-02-10Price change$359,000
2022-01-04Price change$365,000
2021-12-16Price change$369,000
2021-10-28Listed for sale$375,000

For Sale by Agent

AgentLaurie Savino
BrokerageCorcoran

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