NOT LISTED FOR SALE

488 3rd St Unit 3B Brooklyn, NY 11215

Park Slope Neighborhood

Estimated Value: $622,070 - $1,060,000

1 Bed
1 Bath
-- Sq Ft
$554/mo HOA Fee

Last Sold January 21, 2020

Last sale price $550,000

Est. 55% increase in value since last sale

Current estimated payment $6,164/month

24 Days on Market

Highlights

  • Pre War Building
  • Intercom
  • South Facing Home
  • P.S. 321 William Penn Rated A
  • Laundry Facilities
  • 5-minute walk to J.J. Byrne Playground

About This Home

As of January 2020

A truly special one bedroom apartment awaits you on one of the most beautiful and desirable streets in all of Park Slope. Nestled away on the third floor of a stately brownstone with south-facing treetop views, this bright and airy apartment boasts exceptionally tall 10.5? ceilings and large windows which flood the entire space with natural light. It has been lovingly renovated with a clean & modern sensibility, optimal usage of space, and keen attention to detail.

The chef's kitchen features floor-to-ceiling custom milled cabinetry from Urban Homecraft, quartz countertops, Kohler hardware, a custom walnut breakfast bar with coordinating decorative shelving, and stainless appliances including full-sized stove, dishwasher, and a 50-bottle wine refrigerator. Cool white tile yields to the warmth of exposed brick and refinished original oak parquet as the kitchen flows into the living space. There?s ample room for a full sofa, easy chair, and entertainment console. In addition to two large closets, there?s custom built-in cabinetry above the entryway to maximize storage options. The apartment also features a modernized bath with custom sink vanity, extra-wide mirrored storage cabinet, and decorative hexagonal tile accents throughout.

488 Third Street is a 10-unit, self managed co-op with live-in super, solid financials and no underlying mortgage. They have recently updated much of their major infrastructure and have refreshed the common hallways/stairwell. The building offers basement storage for each shareholder, as well as bicycle storage and central laundry. They are located near neighborhood staples such as Blue Bottle coffee, Juice Press, BareBurger, La Bagel Delight, Sotto Voce, Parish, Stone Park Cafe, and Terre, as well as multitude of shops, restaurants and nightlife on both 5th and 7th Avenues, and Prospect Park is mere minutes away. Only 6 blocks to the F / F Express trains at 7th Ave and 10 blocks to the B/Q trains at Flatbush and the 2/3 at Grand Army. Pet friendly too. And the low-maintenance here, combined with historically low interest rates, means you can own in Park Slope for less than it costs to rent! *First open house this Sunday 10/06*

Last Agent to Sell the Property

Marc Karavasian

Compass License #10301212889 Listed on: 10/02/2019

Compass

Co-Listed By

Sarah Zelermyer-Diaz

Compass License #10301204759

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1920

HOA Fees

  • $554 Monthly HOA Fees

Home Design

  • Pre War Building

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • South Facing Home
  • Window Unit Cooling System

Listing and Financial Details

  • Legal Lot and Block 31 / 983

Community Details

Overview

  • Park Slope Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities

Property Details

Home Type

Co-Op

Year Built

Built in 1920

Lot Details

0

HOA Fees

$554 per month

Listing Details

  • Cross Street: 6th Avenue/7th Avenue
  • Exposures: South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Architectural Style: Prewar
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 5

Interior Features

  • Interior Features: Dining Area
  • Appliances: Dryer, Washer
  • Equipment (Other): Intercom
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 554.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Dimensions: 22.0 x 90.0

Building Info

  • New Construction: No
  • Total Stories: 5
  • Year Built: 1920

Tax Info

  • Tax Block: 983
  • Tax Lot: 31

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2020 01/21/20 Sold $550,000 0.0% --
10/27/2019 10/27/19 Pending -- -- --
10/02/2019 10/02/19 For Sale $550,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Marc Karavasian

    Seller's Agent in 2020

    Marc Karavasian

    Compass

    (516) 835-4964

    1 in this area

    25 Total Sales

    Marc Karavasian
    Section Image
  • Sarah Zelermyer-Diaz

    Seller Co-Listing Agent in 2020

    Sarah Zelermyer-Diaz

    Compass

    (917) 664-2374

    3 in this area

    43 Total Sales

    Sarah Zelermyer-Diaz
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10581850

Real Estate Board of New York (REBNY)

New York Kings County Brooklyn 11215 Park Slope

488 3rd St Unit 3B, Brooklyn, NY

This home is located at 488 3rd St Unit 3B, Brooklyn, NY 11215 since 02 October 2019 and is currently estimated at $851,023. This property was built in 1920. 488 3rd St Unit 3B is a home located in Kings County with nearby schools including P.S. 321 William Penn, Berkeley Carroll Elementary School, and St Saviour High School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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