Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,994,992

· Closed October 20, 2025

511 8TH Avenue
Closed For Sale Multi Family

$4,994,992

511 8TH Avenue

Park Slope, Brooklyn

MLS® #RLS20019821

RLS at REBNY

Listing by Corcoran Group

12

Bedrooms

4.5

Baths

N/A

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 12
Bathrooms 5 full, 3 half
Lot Size 2,156.6 sq ft
Year Built 1899
Ownership None
Property Taxes $14,160/yr
Neighborhood Park Slope
Floor 1 of 4

Property Highlights

  • Views: Other
  • Outdoor Space: Patio
  • Character: Pre-war building (1899)

Property Details

Type Multi Family
Ownership None
Total Rooms 26
Baths 4 Full, 3 Half
Floor 1 of 4
View Other
Pets Yes
Year Built 1899
Structure Type Townhouse
Basement Other
Lot Size 2,156.6 sq ft
Parcel # 01085-0005
Block/Lot 01085/0005

Listing History

Event Date Price Change
Listed Apr 29, 2025 $5,000,000 -
Currently May 7, 2026 $4,994,992 -0.1%

Description

An amazing opportunity in a perfect Park Slope location! 511 8th Avenue is an oversized, well-maintained 4-unit property measuring 20" x 87'. Offering spacious apartments and lots of possibilities, live in the grand historic limestone and brick home and collect excellent income from the other units; expand your living space creating a duplex/triplex while still receiving monthly rent; or purchase the building as an investment.

Set on a sought-after location just one block from Prospect Park, this incredible multi family residence is rare, and everything one could dream of in Brooklyn's finest neighborhood near all the best attractions.

The first floor is a generous full-floor 3 bedroom 1 bathroom apartment with separate living and dining rooms. The 3 top floor units each boast 3 bedrooms and 2 full bathrooms. Plus there's a full English basement that has tremendous storage space and great potential for extended living quarter, and a patio garden for spending time outdoors.

With Prospect Park practically at your doorstep, you can enjoy in picnics on the Great Lawn, strolls and bike rides through nature's greenery, evening concerts at the Bandshell, buying fresh produce at the farmers market, long walks with your dogs and playground fun with the kids. Also close by is vibrant 7th Avenue lined with shops, restaurants and conveniences, movie theaters, Grand Army Plaza, the Brooklyn Museum, Botanic Garden, library, and the F/G subway lines at 7th Ave and 9th Street.

Features & Amenities

Interior Features

Smoke Free In Unit

Exterior Features

Private Outdoor Space Over60 Sqft Patio

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 4
Structure Townhouse

Financial Details

RE Taxes $14,160/yr ($1,180/mo)
Original Price $5,000,000
Sale Price $4,994,992
Previous Price $5,000,000

Park Slope is a well-known Brooklyn neighborhood, recognized for its tree-lined streets and preserved brownstones. Bordering the western edge of Prospect Park, the neighborhood offers convenient access to green space. The real estate market features a mix of historic townhouses, cooperatives, and modern condominiums, within walking distance of the park.

Park Slope Live Market Data

View Neighborhood

Active Listings

115

Median Asking Price

$1.59M

Median $/Sqft

$1,407

Avg Days on Market

N/A

New This Week

20

Price Reduced

16%

Sold (30 Days)

28

Median Sale Price

$1.59M

Live data from RLS at REBNY • Updated 5/7/26, 6:48 PM EST

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Location

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511 8TH Avenue, Park Slope, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
4
Floors
3
Residential Units
R7B
Zoning District
Walk-Up Apartments Historic District: Park Slope Historic District

Tax & Assessment

Assessed Value: $499,620
Land Value: $48,900
Exemptions: $0

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

Lot Area: 2,157 SF
Building Area: 6,960 SF
Built FAR: 3.23
Allowed FAR: 3

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 annual property tax is $14,160, or roughly $1,180 per month. Verify the current assessment with your attorney before closing.

This property has 12 bedrooms and 4 full bathrooms and 3 half bathrooms.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

This listing is None

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

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: RLS20019821
First Listed: 4/29/2025
On Market: 4/29/2025
Price Changed: 10/20/2025
Closed: 10/20/2025
Contract Date: 4/29/2025

Listing Courtesy of Corcoran Group - Jacqueline Torren

Listing Contact: (917) 287-4249

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 5/7/2026 at 10:48 PM UTC

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