Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

Under Contract – Backup offers may be accepted

551 4th Street #1L
Interested in this property?
Pending For Sale Co-op

$2,200,000

$1,880 per sq ft

551 4th Street #1L

Park Slope, Brooklyn

MLS® #RLS20076641

RLS at REBNY

Listing by Compass

3

Bedrooms

2

Baths

1,170

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 3
Bathrooms 2
Living Area 1,170 sq ft
Year Built 1920
Ownership Co-op
Maintenance $1,000/mo
Neighborhood Park Slope
Floor 1 of 4

Property Highlights

  • Exposure: North,South,West facing
  • Outdoor Space: Patio
  • Fireplace: 1 fireplace

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 7
Baths 2 Full
Floor 1 of 4
Exposure North,South,West
Cooling Central Air
Pets Yes, CatsOk, DogsOk
Year Built 1920
Living Area 1,170 sq ft
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Parcel # 01081-0065-00551-000-000001L
Block/Lot 01081/0065

Listing History

Event Date Price Change
Listed Mar 18, 2026 $2,200,000 -
Currently May 13, 2026 $2,200,000 -

Description

Nestled on a tree-lined, landmarked park block in the heart of Park Slope, this 3BD/2BA first-level unit was gut-renovated with a full architect-designed rebuild in 2023. Proudly designed by the homeowners, thoughtfully innovative touches are found at every turn for enhanced comfort and convenience. The apartment has numerous windows across three exposures and more than 550 square feet of private outdoor space accessed from the kitchen. The expansive, light-infused living room faces south through bay windows and features an electric fireplace and built-in cabinetry. The living room flows into the dining area and custom gourmet kitchen, lined by a full wall of pantry cabinets. State-of-the-art appliances include an integrated Sub-Zero refrigerator and Bosch dishwasher along with a GE Cafe 6-burner double-oven range. The large center island with drawer storage is topped in Calacatta Monaco Quartz. A raised private deck steps down to an exclusive wraparound yard through the kitchen door. Three separate bedrooms line a gallery hallway. Overlooking the garden through two windows, the primary suite is equipped with an en-suite spa-like bathroom with a stall shower, a fitted closet, and an enclosed office nook with built-in shelving and ventilation. A full bath with a soaking tub serves the secondary bedrooms. Both bathrooms offer radiant floor heating and Toto toilets, with a Toto Washlet bidet in the primary bath. Cleverly concealed storage nooks, such as a hidden entry shoe closet and a kitchen appliance garage, keep the apartment tidy and organized. Wide-plank European White Oak flooring is everywhere underfoot, and the ceilings reach 9’5”. There is also a vented LG washer/dryer in-unit, as well as mini-split HVAC. Further upgrades include sleek covered radiators, new electrical, new plumbing, new floors and subfloors, and sound insulation in the bedroom walls and ceilings. Lutron Caseta Smart Dimmers are installed on all lighting, and Lutron Smart Serena Shades have been added to all windows (and can be controlled via Alexa, Google Home, etc.). Cat-6 ethernet ports provide connectivity in each room. Storage space is abundant throughout. The gracious pre-war building is situated just a half block to Prospect Park, less than two blocks to the conveniences of 7th Avenue, and a short distance to the F train. Pet-friendly with board approval.

Features & Amenities

Interior Features

Bidet Built In Features Crown Molding High Ceilings Kitchen Island Pantry Recessed Lighting Soaking Tub In Unit See Remarks Flooring: Hardwood Bay Windows Window Treatments Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft Private Yard Patio

Building Amenities

Bike Storage Storage

Appliances

Dishwasher Range

Building Information

Building Data View Compliance & Permits
Total Units 8
Stories 4
Structure MultiFamily

Financial Details

Maintenance $1,000/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

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, 3:05 PM EST

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Location

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551 4th Street #1L, Park Slope, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1905
Year Built
121 years old
4
Floors
8
Residential Units
R7B
Zoning District
Walk-Up Apartments Historic District: Park Slope Historic District

Tax & Assessment

Assessed Value: $1,805,850
Land Value: $40,950
Exemptions: $2,290

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

Lot Area: 3,657 SF
Building Area: 9,964 SF
Built FAR: 2.72
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 monthly maintenance are $1,000 per month. Confirm the exact amount with the listing broker 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 2 full bathrooms.

The listed interior living area is 1,170 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 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.

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

At the current list price of $2,200,000 for 1,170 sq ft, the asking price per square foot is approximately $1,880. 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: RLS20076641
First Listed: 3/12/2026
On Market: 3/18/2026
Pending Since: 4/13/2026
Contract Date: 2/12/2026

Listing Courtesy of Compass - Carol Kai-Ju Wang

Listing Contact: (347) 422-7652

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 7:05 PM UTC

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