Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $550,000

· Closed January 21, 2020

488 3rd Street #3-B
Closed For Sale Co-op

$550,000

488 3rd Street #3-B

Park Slope, Brooklyn

MLS® #RLS10581850

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1920
Ownership Co-op
Maintenance $554/mo
Neighborhood Park Slope
Floor 3 of 5

Property Highlights

  • Exposure: South facing
  • Style: Prewar architecture
  • Climate Control: Window Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 3 of 5
Exposure South
Cooling Window Units
Pets Yes
Cross Street 6th Avenue/7th Avenue
Year Built 1920
Architectural Style Prewar
Block/Lot 983/31

Description

A truly special one bedroom apartment awaits you on one of the most beautiful and desirable streets in all of Park Slope. Nestled away on the third floor of a stately brownstone with south-facing treetop views, this bright and airy apartment boasts exceptionally tall 10.5? ceilings and large windows which flood the entire space with natural light. It has been lovingly renovated with a clean & modern sensibility, optimal usage of space, and keen attention to detail.


The chef's kitchen features floor-to-ceiling custom milled cabinetry from Urban Homecraft, quartz countertops, Kohler hardware, a custom walnut breakfast bar with coordinating decorative shelving, and stainless appliances including full-sized stove, dishwasher, and a 50-bottle wine refrigerator. Cool white tile yields to the warmth of exposed brick and refinished original oak parquet as the kitchen flows into the living space. There?s ample room for a full sofa, easy chair, and entertainment console. In addition to two large closets, there?s custom built-in cabinetry above the entryway to maximize storage options. The apartment also features a modernized bath with custom sink vanity, extra-wide mirrored storage cabinet, and decorative hexagonal tile accents throughout.


488 Third Street is a 10-unit, self managed co-op with live-in super, solid financials and no underlying mortgage. They have recently updated much of their major infrastructure and have refreshed the common hallways/stairwell. The building offers basement storage for each shareholder, as well as bicycle storage and central laundry. They are located near neighborhood staples such as Blue Bottle coffee, Juice Press, BareBurger, La Bagel Delight, Sotto Voce, Parish, Stone Park Cafe, and Terre, as well as multitude of shops, restaurants and nightlife on both 5th and 7th Avenues, and Prospect Park is mere minutes away. Only 6 blocks to the F / F Express trains at 7th Ave and 10 blocks to the B/Q trains at Flatbush and the 2/3 at Grand Army. Pet friendly too. And the low-maintenance here, combined with historically low interest rates, means you can own in Park Slope for less than it costs to rent! *First open house this Sunday 10/06*

Features & Amenities

Interior Features

Dining Area Common Area

Appliances

Dryer Washer

Building Information

Stories 5
Style Prewar

Financial Details

Maintenance $554/mo
Sale Price $550,000

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

87

Median Asking Price

$1.73M

Median $/Sqft

$1,440

Avg Days on Market

N/A

New This Week

4

Price Reduced

13%

Sold (30 Days)

22

Median Sale Price

$1.67M

Live data from RLS at REBNY • Updated 4/4/26, 6:01 AM EST

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Location

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488 3rd Street #3-B, Park Slope, Kings County • Near 6th Avenue/7th Avenue

MLS® ID: RLS10581850
First Listed: 10/2/2019
Closed: 1/21/2020
Contract Date: 10/2/2019

Listing Courtesy of Compass - Marc Karavasian

Listing Contact: (516) 835-4964

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 4/4/2026 at 10:01 AM UTC

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