Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

316 2nd Street #5E
Interested in this property?
Pending For Sale Condo

$1,555,000

$1,569 per sq ft

316 2nd Street #5E

Park Slope, Brooklyn

MLS® #RLS20062675

RLS at REBNY

Listing by Compass

2

Bedrooms

1

Bath

991

Sq. Ft.

2004

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Living Area 991 sq ft
Year Built 2004
Ownership Condo
HOA/Common Charges $682/mo
Property Taxes $756/yr
Parking Garage
Neighborhood Park Slope
Floor 5 of 5

Property Highlights

  • Views: City, Neighborhood
  • Exposure: North,South facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 1 Full
Floor 5 of 5
View City, Neighborhood
Exposure North,South
Heating Central
Cooling Central Air
Pets Yes
Year Built 2004
Living Area 991 sq ft
Parking Garage Available
Parking Features Garage
Structure Type HighRise
Flooring Hardwood
Furnished Unfurnished
Parcel # 00974-1145
Block/Lot 00974/1145

Listing History

Event Date Price Change
Listed Feb 25, 2026 $1,555,000 -
Price Reduced Apr 6, 2026 $1,585,000 +1.9%

Description

A two-bedroom, one bathroom Park Slope condo with two private outdoor spaces including a sprawling terrace off the living room with jaw-dropping city views and a balcony off your primary bedroom with statue of liberty views, this home is not one to miss! Low carrying costs with a tax abatement in place until 2030! A keyed elevator delivers you directly into this penthouse-style home, where a streamlined entry opens into a bright, loftlike living and dining area. An impressive wall of sliding glass and arched windows frames the lush, oversized terrace. The kitchen is equipped with granite counters, stainless-steel appliances, and generous cabinetry. A built-in workspace / play area currently sits off the living area but can be easily removed to create an even larger open flow. The terrace is a showstopper—nearly 14 feet deep with wide-open Manhattan views. There’s loads of space for dining, lounging, planting, entertaining, and stretching out in the sun. The primary bedroom offers a quiet retreat, large enough for a King Sized bed and features its own balcony with room to sit and soak in sweeping NYC views. Enjoy a coffee in the morning, afternoon cocktails and relax under the stars. The renovated bathroom features a spa-like soaking tub, and the home includes central AC/heating and an in-unit washer/dryer. City View Gardens offers multiple shared outdoor areas, including roof access and a beautifully landscaped courtyard. Parking is available for rent with direct access from the building lobby. And the location? Prime doesn’t even cover it. You’re just one block from the fantastic restaurants and cafés that line 5th Avenue, Whole Foods two blocks away, moments from Barclays Center, Atlantic Terminal, multiple subway lines, JJ Byrne Park, and the ever-growing list of hotspots in Gowanus—including Gotham Gymnastics, Goldfish Swim School, School of Rock, and a multitude of new cafes and amenities on the way! A smart layout, unbeatable address, knockout outdoor space, condo perks, and ultra-low carrying costs make this Park Slope package impossible to ignore. Showings by appointment, contact us for more information!

Features & Amenities

Interior Features

Eat In Kitchen High Ceilings His And Hers Closets Kitchen Island Recessed Lighting Soaking Tub In Unit See Remarks Flooring: Hardwood

Exterior Features

Building Roof Deck Private Entrance Private Outdoor Space Over60 Sqft Terrace

Building Amenities

Elevators Fitness Center

Appliances

Dishwasher Freezer Refrigerator

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 5
Structure HighRise

Financial Details

Common Charges $682/mo
RE Taxes $756/yr ($63/mo)
Previous Price $1,585,000

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

120

Median Asking Price

$1.70M

Median $/Sqft

$1,454

Avg Days on Market

N/A

New This Week

18

Price Reduced

15%

Sold (30 Days)

28

Median Sale Price

$1.59M

Live data from RLS at REBNY • Updated 5/13/26, 4:36 PM EST

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Location

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316 2nd Street #5E, Park Slope, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2004
Year Built
22 years old
5
Floors
46
Residential Units
R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $8,653,500
Land Value: $177,303
Exemptions: $6,461,050

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

Lot Area: 10,046 SF
Building Area: 98,567 SF
Built FAR: 9.81
Allowed FAR: 2

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 common charges are $682 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $756, or roughly $63 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

The listed interior living area is 991 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2004, making it approximately 22 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pet policy requires confirmation with the listing broker. Additional notes: Allowed

At the current list price of $1,555,000 for 991 sq ft, the asking price per square foot is approximately $1,569. This figure is for reference only and may differ from appraised or assessed values.

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: RLS20062675
First Listed: 12/6/2025
On Market: 2/25/2026
Price Changed: 4/6/2026
Pending Since: 4/28/2026
Contract Date: 11/15/2025

Listing Courtesy of Compass - MATTHEW KIRBY-SMITH

Listing Contact: (718) 689-2018

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 5/13/2026 at 8:36 PM UTC

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