SOLD FOR $3,500,000
Listed at $3,600,000 · Sold 2.8% below asking · Closed September 23, 2021
486 11th Street
MLS® #RLS10719050
Listing by The Corcoran Group
7
Bedrooms
4.5
Baths
3,780
Sq. Ft.
1920
Year Built
Quick Summary
Property Highlights
- Style: Prewar architecture
- Climate Control: Window Units
- Character: Pre-war building (1920)
Property Details
Description
Rare Opportunity to own a Prime Park Slope, mixed-use, 4 story, corner property on 7th Avenue/11th Street. This income-producing property consists of three apartments and one commercial retail store. Apartments consist of 2 bedrooms/1 bath plus a bonus room which can be used as a small bedroom, office, or dining area (Apartment #2 bonus room converted to a bedroom) Apartments have been completely renovated including granite countertops, tiled back splash, hardwood floors, dishwasher, and stainless steel appliance. The full basement is semi-finished with lots of storage and set up with a laundry area (not currently offered to tenants). This property has been well maintained by the owner; has updated electrics, new windows, a new layer of roofing, and has been converted to gas. The owner recently installed a state-of-the-art security system, renovated stoop, painted the outside, and common areas. El Milagro, the commercial unit, is a staple in the neighborhood and has been a tenant since 2017. Store currently has use of 1/2 of basement for storage. The 1st-floor apartment is owner-occupied and will be delivered vacant. The building is conveniently located to all transportation, schools, shops, restaurants, both Park Slope YMCAs, Prospect Park, and Methodist Hospital. This corner property has excellent vehicle and foot traffic. This building presents a unique opportunity for an end-user to live, work and collect rent simultaneously, or for an investor with a 5.3% CAP Rate (projected 5.6%) Contact me today for more information and to view.
Building Information
About Park Slope
View All Park Slope ListingsPark 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 NeighborhoodActive Listings
93
Median Asking Price
$1.75M
Median $/Sqft
$1,440
Avg Days on Market
N/A
New This Week
12
Price Reduced
12%
Sold (30 Days)
21
Median Sale Price
$1.67M
Live data from RLS at REBNY • Updated 3/31/26, 6:09 AM EST
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Location
486 11th Street, Park Slope, Kings County • Near 11 STREET and 12 STREET
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
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Listing Courtesy of The Corcoran Group - Linda Leon
Listing Contact: (908) 578-0667
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.
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RLS Data display by Keller Williams NYC. Data last updated on 3/31/2026 at 10:09 AM UTC