Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $550,000

· Closed August 13, 2025

488 3rd Street #5A
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Closed For Sale Co-op

$550,000

488 3rd Street #5A

Park Slope, Brooklyn

MLS® #RLS20010242

RLS at REBNY

Listing by Sothebys International Realty

1

Bedroom

1

Bath

N/A

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Lot Size 1,980 sq ft
Year Built 1920
Ownership Co-op
Maintenance $567/mo
Neighborhood Park Slope
Floor 5 of 4

Property Highlights

  • Views: City
  • Exposure: East,North facing
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 2
Baths 1 Full
Floor 5 of 4
View City
Exposure East,North
Pets Yes
Year Built 1920
Architectural Style Prewar
Structure Type None
Flooring Hardwood
Furnished Unfurnished
Lot Size 1,980 sq ft
Parcel # 00983-0031-00488-000-000005A
Block/Lot 00983/0031

Description

Tucked away on a tree-lined block, this beautiful one-bedroom blends historic charm with modern style. Perched on the top floor of a five-story walk-up, the home is bathed in natural light, offering open-sky views and a warm, inviting atmosphere. High ceilings, elegant molding, and an open-concept layout make for seamless living. The kitchen is both practical and stylish, featuring sleek stone counters, contemporary cabinetry, an oversized pantry, and high-end appliances. The living area flows effortlessly, with designated living and dining spaces that create a comfortable and welcoming retreat. The bedroom easily accommodates a king-size bed and includes a generous reach-in closet, with ample space for a desk or additional storage. This intimate, self-managed co-op consists of just ten residences, fostering a sense of community. With a part-time super and low monthly costs, it offers an excellent investment in one of Brooklyn’s most sought-after neighborhoods. Residents enjoy private storage, bike parking, and laundry in the basement. Set in one of Brooklyn’s most coveted neighborhoods, this home is just minutes from Prospect Park and surrounded by popular cafes, markets, and restaurants along 5th and 7th Avenues. Commuting is effortless with multiple train lines nearby, including the F, G, B, Q, 2, and 3, providing easy connections to Manhattan and beyond. Move right in and experience the best of Park Slope living! Flip tax payable: 1%. 80% financing allowed.

Features & Amenities

Interior Features

Entrance Foyer Eat In Kitchen Common On Floor Flooring: Hardwood

Appliances

Dishwasher

Building Information

Total Units 10
Stories 4
Structure None
Style Prewar

Financial Details

Maintenance $567/mo
Original Price $599,000
Sale Price $550,000
Previous Price $599,000

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

83

Median Asking Price

$1.73M

Median $/Sqft

$1,437

Avg Days on Market

N/A

New This Week

8

Price Reduced

12%

Sold (30 Days)

22

Median Sale Price

$1.67M

Live data from RLS at REBNY • Updated 3/23/26, 8:33 PM EST

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Location

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488 3rd Street #5A, Park Slope, Kings County

MLS® ID: RLS20010242
First Listed: 3/19/2025
On Market: 3/19/2025
Price Changed: 4/22/2025
Closed: 8/13/2025
Contract Date: 3/19/2025

Listing Courtesy of Sothebys International Realty - Jeremy V Stein

Listing Contact: (917) 854-4411

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 3/24/2026 at 12:33 AM UTC

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