Seller's Agent in 2025
Michael Russell
Corcoran Group
(678) 665-9291
1 in this area
33 Total Sales
502 1st St Unit 1 Brooklyn, NY 11215
Park Slope Neighborhood
1
Bed
1
Bath
1,043
Sq Ft
$398/mo
HOA Fee
Highlights
- Views
- P.S. 321 William Penn Rated A
- South Facing Home
About This Home
As of August 2025Garden living in the heart of Park Slope. Located in one of Brooklyn's most desirable locations, this charming flex-2 bedroom, 1 bathroom duplex home checks off every box. The south facing living room features high ceilings, exposed brick and oversized French doors which open to the spectacular private garden creating a stunning and unique indoor-outdoor layout. The renovated kitchen is conveniently located in a nook off the living room. The top floor also includes a renovated bathroom and bedroom overlooking the garden. The expansive lower-level can used as an additional living room, recreational room or an enclosed bedroom. Additional features to this home include central air conditioning, hardwood floors throughout, recessed lighting, in unit Washer/Dryer, ample storage space and hook-ups to create a powder room on the lower level.
502 1st Street is a lovely, boutique four unit condo and has a common roof terrace with glorious views. All of this is just a block and a half from Prospect Park and only one block from 7th Avenue's local shopping and restaurants.
Last Agent to Sell the Property
Corcoran Group License #10401276743 Listed on: 04/30/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,338
HOA Fees
- $398 Monthly HOA Fees
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,043 Sq Ft Home
- Property has 2 Levels
- Property Views
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Washer Dryer Allowed
- Washer Hookup
Additional Features
- South Facing Home
- No Cooling
Community Details
- Park Slope Subdivision
Listing and Financial Details
- Legal Lot and Block 1001 / 01076
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2025
Closed on
Aug 12, 2025
Sold by
Kogan Eugene and Lawler Elizabeth
Bought by
Mcsavaney Joshua R
Seller's Agent
Michael Russell
Corcoran Group
List Price
$999,999
Sold Price
$994,999
Premium/Discount to List
-$5,000
-0.5%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1861.12%
Original Mortgage
$494,999
Outstanding Balance
$494,570
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,014,722
Purchase Details
Closed on
Sep 29, 2010
Sold by
First Berkeley Development Llc
Bought by
Kogan Eugene and Lawler Elizabeth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $994,999 | -- | |
| Deed | $595,384 | -- | |
| Deed | $595,384 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $494,999 | Purchase Money Mortgage | |
| Previous Owner | $472,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Sold | $994,999 | -0.5% | $954 / Sq Ft |
| 05/30/2025 05/30/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | For Sale | $999,999 | -- | $959 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,338 | $266,801 | $23,516 | $243,285 |
| 2024 | $11,338 | $333,532 | $23,516 | $310,016 |
| 2023 | $10,498 | $341,781 | $23,516 | $318,265 |
| 2022 | $9,538 | $335,871 | $23,516 | $312,355 |
| 2021 | $7,286 | $268,648 | $23,516 | $245,132 |
| 2020 | $3,462 | $260,768 | $23,516 | $237,252 |
| 2019 | $7,016 | $217,332 | $23,516 | $193,816 |
| 2018 | $7,920 | $64,594 | $8,387 | $56,207 |
| 2017 | $7,388 | $59,810 | $9,023 | $50,787 |
| 2016 | $6,835 | $55,380 | $9,812 | $45,568 |
| 2015 | $3,644 | $55,380 | $11,779 | $43,601 |
| 2014 | $3,644 | $53,663 | $13,703 | $39,960 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Russell
-
Caroline Holl
C
Seller Co-Listing Agent in 2025
Caroline Holl
Corcoran Group
(917) 836-8611
1 in this area
24 Total Sales
-
Stephen Geller
S
Seller Co-Listing Agent in 2025
Stephen Geller
Corcoran Group
1 in this area
41 Total Sales
-
gia vizzone
g
Seller Co-Listing Agent in 2025
gia vizzone
Corcoran Group
(862) 324-4998
1 in this area
3 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20020291
APN: 01076-1001
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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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