8940 Colonial Road, Unit 3

$635,000
Price
2
Beds
1,000 Sq. Ft.
$635 / Sq. Ft.
1,000
Sq. Ft.
$635
per Sq. Ft.

Description

Discover this beautiful and spacious top-floor co-op, bathed in sunlight, located in a charming boutique building in upper Bay Ridge. This inviting home features two generous bedrooms, two modern bathrooms, and two lovely terraces, making it perfect for comfortable living. The expansive living and dining area seamlessly flows onto a delightful front terrace, complemented by a double closet for ample storage. The bright, open kitchen, adorned with a skylight, boasts plenty of cabinets and closets,...Discover this beautiful and spacious top-floor co-op, bathed in sunlight, located in a charming boutique building in upper Bay Ridge. This inviting home features two generous bedrooms, two modern bathrooms, and two lovely terraces, making it perfect for comfortable living. The expansive living and dining area seamlessly flows onto a delightful front terrace, complemented by a double closet for ample storage. The bright, open kitchen, adorned with a skylight, boasts plenty of cabinets and closets, ensuring functionality and style. A nicely tiled full bath adds to the convenience. The master bedroom is a peaceful retreat with a half bath, a double closet, and a serene rear terrace ideal for savoring your morning coffee. The second large bedroom also offers a double closet, providing plenty of storage. Additional perks include attic space for extra storage and a first-floor laundry room for your convenience. With very low maintenance fees and a prime location close to shopping and transportation, this co-op is an outstanding opportunity you won't want to miss!
  1. Listed by Edward Davis • RE/MAX Elite • Street

Amenities

  • Penthouse
  • Top Floor
  • Floor Thru
  • Balcony
  • Common Outdoor Space
  • Attic
  • Hardwood Floors
  • Elevator
LISTING UPDATED: 11/19/2025 10:37 AM

Property Details for 8940 Colonial Road, Unit 3

StatusActive
MLS ID497270
Days on Market39
Taxes-
Maintenance$707 / month
Min. Down Pymt-
Total Rooms5.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1980
CountyKings County

Building

8940 Colonial Rd

3 Units3 StoriesBuilt in 1980

Location

Listing Courtesy of RE/MAX Elite
Add your commute

Building Information for 8940 Colonial Road, Unit 3

Building/Complex8940 Colonial RdFloor-Stories3Residences3Pet PolicyAllowedPet Policy Details3Year Built1980Building AgePost-war

Payment Calculator

$3,845 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,138

Property Taxes

$0

Maintenance/Common Charges

$707

The Payment Calculator is for illustrative purposes only.

Property Information for 8940 Colonial Road, Unit 3

Summary
Location and General Information
  • Pets YN: No
  • Cross Street Name: 89th Street
  • Cross Street Name: 91st Street
  • Water Front Present YN: No
  • Residential Features: Refrigerator, Stove
  • Type: Apartment
  • Stock Certificate YN: Yes
Owner
  • Management Company: Self Managed
  • Manager Phone: 347-261-7092
Parking
  • Parking Attributes: Street
Taxes and HOA Information
  • Fee Includes Assessment YN: No
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Flip Tax Fee: 0.0
  • Flip Tax Fee Type: $
Property
Lot Information
  • Sq Ft Total: 1000
Property and Assessments
  • Co Op Shares: 108.0
Utilities
  • Heat Delivery: Other
  • Heating Fuel: Electric
  • AC Units: 2
  • Hot Water: Electric
  • Utilities: Sewer, Water
Interior and Exterior Features
Interior Features
  • Baths Three Quarter: 0.0
  • Baths Total Level 1: 2
  • Baths Total Level: 0
  • Total Rooms: 5
  • Flooring: Hardwood, Tile
  • Building Amenities: Laundry – Card Operated
  • Unit Number: 3
  • Room Count: 7
  • Baths Total Level: 0
  • Baths Total Level: 0
  • Beds Total Level: 2
  • Beds Total Level: 0
  • Beds Total Level: 0
  • Beds Total Level: 0
Exterior Features
  • Handicap Access YNU: No
Room 1
  • Room Type: Living Room
  • Room Level: First
Room 2
  • Room Type: Dining Room
  • Room Level: First
Room 3
  • Room Type: Kitchen
  • Room Level: First
Room 4
  • Room Type: Bedroom
  • Room Level: First
Room 5
  • Room Type: Bedroom
  • Room Level: First
Room 6
  • Room Type: Bath - Full
  • Room Level: First
Room 7
  • Room Type: Bath - Half
  • Room Level: First
Multi Family
Multi-Family Information
  • Building Type: Semi-Detached
  • Total Units: 3
  • Rooms Total Level 1: 5
  • Rooms Total Level 2: 0
  • Floor Number: 3
  • Rooms Total Level: 0
  • Rooms Total Level: 0
Agent
Sale and Listing
  • Bank Finance YNU: Yes
  • Owner Occupied Units Sold Type: %
  • Sale Type: Arm's Length
Rental
Rental Information
  • Sub Lease YN: No
  • Owner Occupied: Yes
  • Owner Occupied Units Sold: 100.0

Property History for 8940 Colonial Road, Unit 3

DateEvent & SourcePriceAppreciationLink
Nov 11, 2025

Listed (Active)

BKMLS #497270

$635,000
May 17, 2023

Sold

BKMLS #463298

$550,000
May 17, 2023

Contract Signed

BKMLS #463298

May 15, 2023

Sold (Public Record)

ACRIS #2023060500935001

$550,000
Sep 16, 2022

Price Change

BKMLS #463298

$599,000
Sep 16, 2022

Price Change

BKMLS #463298

$550,000
Jun 16, 2022

Listed (Active)

BKMLS #463298

$625,000
DateEvent & SourcePrice
11/11/2025

Listed (Active)

BKMLS #497270

$635,000
05/17/2023

Sold

BKMLS #463298

$550,000
05/17/2023

Contract Signed

BKMLS #463298

05/15/2023

Sold (Public Record)

ACRIS #2023060500935001

$550,000
09/16/2022

Price Change

BKMLS #463298

$599,000
09/16/2022

Price Change

BKMLS #463298

$550,000
06/16/2022

Listed (Active)

BKMLS #463298

$625,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8940 Colonial Road, Unit 3

Taxable ValueLand-Additions-Total-
Home Facts
APN3060780081

Schools near 8940 Colonial Road, Unit 3

This home is within New York City Geographic District #20.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 185 Walter Kassenbrock
PublicK to 5

Madeleine Brennan School (The)
Public6 to 8

Fort Hamilton High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

8940 Colonial Road, Unit 3 is a co-op for sale in Bay Ridge. This property was listed for sale on November 11, 2025 by RE/MAX Elite, it's currently listed at $635,000. It has been on the market for a total of 39 days and was last sold on May 17, 2023. This listing's school district is New York City Geographic District #20. Nearby schools include P.S. 185 Walter Kassenbrock, Madeleine Brennan School (The) and Fort Hamilton High School. 8940 Colonial Road, Unit 3 is a 2-bed, 2-bath, 1,000 sqft co-op built in 1980.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Elite

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.