NOT LISTED FOR SALE

Estimated Value: $4,949,157 - $5,316,000

5 Beds
3 Baths
4,000 Sq Ft
$1,270/Sq Ft Est. Value

Last Sold August 22, 2017

Current estimated payment $28,844/month

1 Day on Market

About This Home

As of August 2017

Move right in to this lovely, center-Slope limestone. Designed by prolific Brooklyn architect Axel Hedman, and constructed in 1910, the house is full of Renaissance Revival details. A short list includes parquet floors, quarter-sawn oak panelling, a center staircase of mahogany, classical columns, and original glass and iron doors. It is one of a long row of limestones on the block, each of which has a deep front garden.

The renovations to the house have occurred over the years. Most striking is the parlor floor, which has been opened up from the front door, through to the rear deck. In 2016 the kitchen was torn out to the studs and re-constructed to open it to the rest of the floor. Calacatta marble counter tops, custom cabinets, a Sub-Zero fridge, double electric ovens, and a Wolfe cooktop are the basics; extras include a radiant heat floor, double glass doors to the deck, and a split system which delivers air conditioning in 2 zones to the parlor floor. The parlor floor offers 2 sitting rooms (one with a gas fireplace) and a formal dining room.

On the floor above the parlor there are 2 large bedrooms and a full bath. The rear bedroom is being used as a den, but has a large closet and stained glass enclosed sink area. The front bedroom has a bay window, its own stained glass enclosed sink, and large closet. Both rooms have lovely parquet floors and all the original doors and cabinetry. The full bath has a glass enclosed walk-in shower and limestone floor.

On the top floor there are 2 equal sized bedrooms in the rear, one small office, a full bath, and a large bedroom in the front. This floor has been renovated to eliminate the tiny maid's room, allowing the house to offer 5 full bedrooms on 2 floors. There are 3 skylights and a closet giving access to the roof.

The English basement has been renovated to provide additional useful space. It has a polished concrete floor, built-in closets for storage, an extensive gym area, a rec room/tv area, a full bath, and a working sauna. The mechanicals of the house are consolidated into the rear extension where there is also a full laundry set-up.

The gas fired boiler provides circulating hot water heat to 3 zones - the main house, the kitchen, and the basement. The roof was replaced in approximately 2010 and the windows have all been replaced. In the front of the house, the windows are landmark-approved custom double-paned wood. All the electric service and internal wiring has been replaced and most of the plumbing is updated.

Third Street is a coveted Park Slope location with wide sidewalks and a very neighborly ambiance. 540 3rd is 1.5 blocks from Prospect Park, equidistant between the 2/3 train and the F train, and zoned for P.S. 321. With its canopy of mature trees, it is the quintessential Park Slope home.

Last Agent to Sell the Property

Libby Ryan

Compass License #30RY0809475 Listed on: 06/08/2017

Compass

Co-Listed By

Maria Ryan

Compass License #10301202966

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,508

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 18.0 x 95.0

Home Design

  • Pre War Building

Interior Spaces

  • 4,000 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • Park Slope Subdivision

Listing and Financial Details

  • Legal Lot and Block 23 / 1080

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,508

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: 7th Avenue/8th Avenue
  • Property SubType: Single Family Residence
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Architectural Style: Prewar
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Living Area: 4000.0
  • Living Area Units: Square Feet
  • Rooms (Total): 10

Beds/Baths

  • Full Bathrooms: 3
  • Bathrooms Integer: 3
  • Bedrooms: 5

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 18.0 x 95.0

Building Info

  • Total Stories: 3
  • Year Built: 1901

Tax Info

  • Tax Block: 1080
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2017
Closed on
Aug 21, 2017
Sold by
Ryan Elizabeth S
Bought by
Bernstein Ruth and Niedzwiecki Stephen
Seller's Agent
Libby Ryan
Compass
Current Estimated Value
$5,081,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,730,000
Outstanding Balance
$2,293,041
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,788,498
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bernstein Ruth $4,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernstein Ruth $26,694
Open Bernstein Ruth $2,730,000
Previous Owner Ryan Elizabeth S $410,307
Previous Owner Ryan Elizabeth S $1,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2017 08/22/17 Sold -- -- --
06/09/2017 06/09/17 Pending -- -- --
06/08/2017 06/08/17 For Sale -- -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

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 $14,508 $265,620 $35,040 $230,580
2024 $14,508 $257,040 $35,040 $222,000
2023 $14,547 $277,500 $35,040 $242,460
2022 $13,490 $231,540 $35,040 $196,500
2021 $13,422 $211,560 $35,040 $176,520
2020 $10,067 $214,020 $35,040 $178,980
2019 $12,592 $232,980 $35,040 $197,940
2018 $12,167 $59,688 $9,261 $50,427
2017 $11,479 $56,312 $8,209 $48,103
2016 $10,625 $53,148 $8,888 $44,260
2015 $6,407 $50,163 $12,584 $37,579
2014 $6,407 $50,163 $15,100 $35,063
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10411594

Real Estate Board of New York (REBNY)

APN: 01080-0023