NOT LISTED FOR SALE

507 3rd St Brooklyn, NY 11215

Park Slope Neighborhood

Estimated Value: $3,514,000 - $4,464,879

Studio
-- Baths
3,400 Sq Ft
$1,218/Sq Ft Est. Value

Sale Details

Date Sold: October 13, 2016

Last sale price $2,300,000 $676 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $24,166 / mo

151 Days on Market

About This Home

As of October 2016

A fabulous opportunity on one of Park Slope's premier blocks. Rarely seen on the market, this four story two family brownstone is a canvas you can fill with your dreams. Currently set up as an upper triplex with a garden rental, it could easily be reconfigured by the discerning buyer into a single family four story paradise. Bring your architect or contractor . The location is perfect! Seventh Avenue and the Center Slope are less than a minute's walk away - with everything you came to live in the Slope for close to hand. Restaurants, shopping and schools are a short distance away. Loved the outdoors? Prospect Park. where you can exercise, play, walk your dog and enjoy music, is a block and half from your door. This opportunity will not last. Call for an appointment.

Last Agent to Sell the Property

Christopher Howard

Compass License #10301204190 Listed on: 04/09/2016

Compass
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Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 3,400 Sq Ft Home
  • 4-Story Property

Community Details

  • 2 Units
  • Park Slope Subdivision

Listing and Financial Details

  • Tax Block 1078

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 7th Avenue
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Park Slope
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2016-10-13", "LivingAreaRange": null, "GuestHouseYN": null, "Lang2_Type": null, "AboveGradeUnfinishedAreaRange": null, "GuestHouseAreaTotalUnits": null, "PrivateShowingInstructions": null, "NumberOfBoatSlips": null, "LotSizeRangeUnits": null, "LakeId": null, "BuildingAreaTotalRange": null, "HumanModifiedYN": false, "MineralRights": null, "LotSizeRangeSource": null, "Permission": null, "Membership": null, "ModificationTimestamp": "2026-08-05T19:38:30.950-00:00", "Restrictions": null, "BoatDockSlipFeatures": null, "OffersReviewDate": null, "AdditionalFeeFrequency": null, "PotentialShortSale": null, "TitleCompanyPhone": null, "LeaseAmountPerAreaUnit": null, "AssociationFeeTotal": null, "PropertyAccess": null, "AdditionalFee": null, "LakeSize": null, "LivingAreaRangeHigh": null, "LotSizeAreaRangeLow": null, "GarageArea": null, "BelowGradeFinishedAreaRange": null, "BuildingAreaTotalRangeSource": null, "GarageAreaUnits": null, "AdditionalFeeYN": false, "LakeChainName": null, "BelowGradeFinishedAreaRangeUnits": null, "DevelopmentName": null, "TaxAuthority": null, "ProjectName": null, "WaterAccessYN": null, "AssociationFeeTotalFrequency": null, "ListOfficeMlsId": "51", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1091435623, "AdditionalInfo3": null, "BoatDockSlipDescription": null, "AdditionalInfo1": null, "PublicRemarks_lang2": null, "AdditionalInfo2": null, "PublicRemarks_lang3": null, "SourceFloorPlansCount": null, "LastMonthRentReqYN": null, "AboveGradeUnfinishedAreaRangeUnits": null, "ListAOR": null, "ThirdPartyIntegrationType": null, "BuildingAreaTotalRangeUnits": null, "PricePerAreaUnit": null, "FractionalShare": null, "TitleCompanyName": null, "AboveGradeFinishedAreaRangeSource": null, "BelowGradeFinishedAreaRangeSource": null, "OriginatingSystemKey": "2881691", "GuestHouseAreaTotalSource": null, "LeaseTermsDescription": null, "PropertyType": "Residential", "LivingAreaRangeUnits": null, "OriginatingSystemName": "RLS", "BelowGradeUnfinishedAreaRangeSource": null, "LandTenure": null, "OffSeasonRate": null, "Attic": null, "MembershipFee": null, "BoatDockAccommodates": null, "PropertySubTypeAdditional": null, "PricePerArea": null, "BoatDockYN": null, "BonusAmount": null, "GuestHouseAreaTotal": null, "ListingKey": "1091435623", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": null, "InternetEntireListingDisplayYN": false, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"BuildingTaxLot\": \"73\",\n \"UnitLine\": \"0\",\n \"FurnishedListPrice\": \"0.00\",\n \"ListingKey\": \"1091435623\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5658911", "TaxYearRange": null, "NumberOfBoatDocks": null, "LotSizeAreaRangeHigh": null, "TaxAssessedValueLand": null, "StandardStatus": "Closed", "GulfAccessType": null, "BoatSlipYN": null, "StormProtection": null, "LivingAreaRangeSource": null, "LeaseAmountPerArea": null, "TitleCompanyAddress": null, "MonthlyRate": null, "WaterAccessDescription": null, "SecurityDepositDescription": null, "TaxRate": null, "BelowGradeUnfinishedAreaRange": null, "MembershipDescription": null, "TitleCompanyPreferred": null, "AboveGradeFinishedAreaRangeUnits": null, "AboveGradeFinishedAreaRange": null, "LivingAreaRangeLow": null, "BuildingSizeDimensions": null, "PropertySubType": "Multi Family", "UnitLocation": "0", "ConsumerRemarks": null, "LotSizeRange": null, "OffersDescription": null, "Lang3_Type": null, "StoriesPartialTotal": null, "Location": null, "ListingId": null, "RentSpreeYN": null, "RentSpreeURL": null, "ApplicationFee": null, "CommunityDevelopmentDistrictYN": null, "SourceSystemKey": null }
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4

Interior Features

  • Living Area: 3400.0
  • Living Area Units: Square Feet

Building Info

  • Units: 2
  • Total Stories: 4

Tax Info

  • Tax Block: 1078

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2016
Closed on
Oct 13, 2016
Sold by
Morrison John K
Bought by
Seller's Agent
Christopher Howard
Compass
List Price
$2,600,000
Sold Price
$2,300,000
Premium/Discount to List
-$300,000
-11.54%
Current Estimated Value
$4,215,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,915,474
Avg. Annual Appreciation
6.11%
Original Mortgage
$1,700,000
Interest Rate
3.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2003
Sold by
Morrison Mildred N
Bought by
Morrison John K
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Park Slope, NY

  • Emanuele Fiore Real Estate Agent - Serhant

    Emanuele Fiore

    Serhant

    (934) 333-5670

    29 Total Sales

    1 in Park Slope

    $7,600,000 Price

    Emanuele Fiore
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  • David Castle Real Estate Agent - Keller Williams Realty Greater

    David Castle

    Responds Quickly

    Keller Williams Realty Greater

    (888) 961-6134

    24 Total Sales

    1 in Park Slope

    $639,000 Price

    David Castle
     Section Image
  • Dogan Baruh Real Estate Agent - Compass

    Dogan Baruh

    Compass

    (917) 473-8158

    54 Total Sales

    1 in Park Slope

    $4,800,000 Price

    Dogan Baruh
     Section Image
  • Cesar Guevara Real Estate Agent - Bond New York Properties LLC

    Cesar Guevara

    Bond New York Properties LLC

    (646) 362-7417

    9 Total Sales

    1 in Park Slope

    $4,125,000 Price

    Cesar Guevara
     Section Image
  • Victoria Alexander Real Estate Agent - Realty Collective LLC

    Victoria Alexander

    Realty Collective LLC

    (888) 410-6137

    32 Total Sales

    4 in Park Slope

    $363K - $4M Price Range

    Victoria Alexander
     Section Image
  • Teri Cavanaugh Real Estate Agent - Corcoran Group

    Teri Cavanaugh

    Corcoran Group

    (628) 800-0923

    32 Total Sales

    9 in Park Slope

    $815K - $4.4M Price Range

    Teri Cavanaugh
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,300,000 --
Morrison John K -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $629,727
Closed 507 Third Street Llc $225,000
Previous Owner -- $1,700,000
Previous Owner Morrison John K $16,981
Closed Morrison John K $50,486
Closed Morrison John K $275,000
Previous Owner Morrison John K $75,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Off Market $2,300,000 -- --
10/13/2016 10/13/16 Sold $2,300,000 -11.5% $676 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $2,600,000 -- $765 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $10,888 $240,900 $36,960 $203,940
2025 $10,277 $265,140 $36,960 $228,180
2024 $10,277 $265,020 $36,960 $228,060
2023 $10,362 $269,100 $36,960 $232,140
2022 $9,613 $230,700 $36,960 $193,740
2021 $10,074 $222,480 $36,960 $185,520
2020 $4,726 $197,520 $36,960 $160,560
2019 $6,710 $202,680 $36,960 $165,720
2018 $8,370 $42,518 $8,200 $34,318
2017 $7,880 $40,128 $6,245 $33,883
2016 $7,665 $39,890 $7,189 $32,701
2015 $4,346 $37,646 $10,185 $27,461
2014 $4,346 $35,532 $11,535 $23,997
Source: Public Records

Agents Affiliated with this Home

  • CH

    Seller's Agent in 2016

    Christopher Howard

    Compass

    (347) 217-4200

    1 in this area

    13 Total Sales

    Christopher Howard
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10100718

Real Estate Board of New York (REBNY)

APN: 01078-0073

New York Kings County Brooklyn 11215 Park Slope

507 3rd St, Brooklyn, NY

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

RLS Data display by Homes.com LLC

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