Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
487 3rd Street #3

For Sale · Listing by Compass

487 3rd Street #3

Park Slope, Brooklyn

$1,400,000

Interested in this property?
Active For Sale Co-op

$1,400,000

487 3rd Street #3

Park Slope, Brooklyn

MLS® #RLS20111863

RLS at REBNY

Listing by Compass

Open House Scheduled

Sunday, September 20 • 1:00 PM – 2:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

3
Bedrooms
1
Bath
N/A
Sq. Ft.
1921
Year Built

Quick Summary

Bedrooms 3
Bathrooms 1
Lot Size 1,980 sq ft
Year Built 1921
Ownership Co-op
Maintenance $1,047/mo
Neighborhood Park Slope
Floor 1 of 4

Property Highlights

  • Outdoor Space: Rooftop
  • Fireplace: 1 fireplace
  • Style: WalkUp architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 1 Full
Floor 1 of 4
Heating Baseboard
Pets Yes
Year Built 1921
Architectural Style WalkUp
Flooring Hardwood
Furnished Unfurnished
Lot Size 1,980 sq ft
Parcel # 00976-0050-00487-000-0000003
Block/Lot 00976/0050

Listing History

Event Date Price Change
Listed Sep 14, 2026 $1,400,000 -
Currently Sep 14, 2026 $1,400,000 -

Description

Welcome to 487 3rd St Unit #3, a charming 3-bedroom, 1-bathroom co-op that seamlessly blends style and functionality in a coveted Brooklyn brownstone. This unique apartment offers a harmonious balance of historic charm and modern convenience. Step into a light-filled living space featuring oversized windows and beautiful hardwood floors throughout. The decorative fireplace adds a touch of warmth and character to the home. The open kitchen, complete with a dishwasher and eat-in area, creates the perfect environment for both cooking and entertaining. The layout includes a versatile home office or nursery, and two queen size bedrooms. There are ample ways to lay this apartment out to adjust to your lifestyle and preference. Outdoor enthusiasts will adore the private roof deck, ideal for unwinding, hosting gatherings, or simply enjoying stunning skyline views. Additional amenities include private storage, convenient basement access, and on-site laundry in the building. The walk-up design is complemented by a secure voice intercom system for added peace of mind. Don’t miss this incredible opportunity to own a stylish and functional co-op in one of Brooklyn's most sought-after locations. Schedule a showing today to experience the possibilities of 487 3rd St for yourself!

Features & Amenities

Interior Features

Eat In Kitchen High Ceilings Building Washer Dryer Install Allowed Common On Floor Common Area Flooring: Hardwood Fireplace (1)

Exterior Features

Building Roof Deck Private Outdoor Space Over60 Sqft Rooftop

Appliances

Dishwasher

Building Information

Building Data View Compliance & Permits
Total Units 4
Stories 4
Style WalkUp

Financial Details

Maintenance $1,047/mo

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

73

Median Asking Price

$1.97M

Median $/Sqft

$1,396

Avg Days on Market

N/A

New This Week

29

Price Reduced

15%

Sold (30 Days)

42

Median Sale Price

$1.70M

Live data from RLS at REBNY • Updated 9/14/26, 3:43 PM EST

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Location

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487 3rd Street #3, Park Slope, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1921
Year Built
105 years old
4
Floors
4
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $846,450
Land Value: $8,550
Exemptions: $0

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

Lot Area: 1,980 SF
Building Area: 3,960 SF
Built FAR: 2
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 monthly maintenance are $1,047 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1921, making it approximately 105 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with Milton Coste.

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: RLS20111863
First Listed: 8/31/2026
On Market: 9/14/2026
Contract Date: 8/19/2026

Listing Courtesy of Compass - Betty Jane Walsh

Listing Contact: (347) 439-0095

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 9/14/2026 at 7:43 PM UTC

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Park Slope Market Update

42 sales last 30 days · $1.97M median · 1.7 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Co-op Neighborhood Park Slope Borough Brooklyn
County Kings
Floor 1 of 4
Year Built 1921
First Listed 8/31/2026
Style WalkUp
Maintenance $1,047/mo

Monthly Costs Estimate

Down Payment 20%

$280,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,047
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $1M to $1,999,999 at 1.00%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$14,000

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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