NOT LISTED FOR SALE

547 3rd St Brooklyn, NY 11215

Park Slope Neighborhood

Estimated Value: $4,905,000 - $5,765,046

4 Beds
2.5 Baths
4,400 Sq Ft
$1,204/Sq Ft Est. Value

Last Sold June 28, 2023

Last sale price $4,995,000 $1,135 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $28,479/month

12 Days on Market

About This Home

As of June 2023

Nestled on majestic, tree-lined Third Street, #547 was designed by the owner-architect William Flanagan in 1892. It is one of 10 Neo-Classical townhouses with bay windows running the full height of the lovely brownstone facade. With a width of 20 feet and the iconic wide sidewalk that the block is known for, this elegant home offers an impressive 4,400 square feet of living space. All four floors plus the basement have been painstakingly maintained by the current owner to preserve and polish the old world details.

Single family house
One of 10 brownstones built in 1892
20' wide
4,400 square feet
4 floors plus finished basement
Landmarked
Original floors throughout
Original mantles and pocket doors throughout
Five bedrooms
2 full baths; 2 half baths
Stained glass transoms in parlor
Landscaped garden
Restored skylight

The next owner of 547 Third Street will have the pleasure of living in a spacious and gracious home while enjoying one of the friendliest and most beautiful blocks in Brooklyn.

Last Agent to Sell the Property

Libby Ryan

Compass License #30RY0809475 Listed on: 04/11/2023

Compass

Co-Listed By

Maria Ryan

Compass License #10301202966

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • Lot Dimensions are 20.0 x 95.0

Home Design

  • Pre War Building

Interior Spaces

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

Bedrooms and Bathrooms

  • 4 Bedrooms

Community Details

  • Park Slope Subdivision

Listing and Financial Details

  • Legal Lot and Block 53 / 1078

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0

Listing Details

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

Interior Features

  • Living Area: 4400.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathrooms Integer: 3
  • Bedrooms: 4

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Dimensions: 20.0 x 95.0

Building Info

  • Total Stories: 3
  • Year Built: 1899

Tax Info

  • Tax Block: 1078
  • Tax Lot: 53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Jun 28, 2023
Sold by
Prior Sandra Pierson
Bought by
547 3Rd St Brooklyn Llc
Seller's Agent
Libby Ryan
Compass
List Price
$4,995,000
Sold Price
$4,995,000
Views
90
Current Estimated Value
$5,297,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,682
Avg. Annual Appreciation
2.32%
Original Mortgage
$3,500,000
Outstanding Balance
$3,413,043
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,884,640
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
547 3Rd St Brooklyn Llc $4,995,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 547 3Rd St Brooklyn Llc $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2023 06/28/23 Sold $4,995,000 0.0% $1,135 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $4,995,000 -- $1,135 / Sq Ft
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 $12,608 $324,180 $39,060 $285,120
2024 $12,608 $274,980 $39,060 $235,920
2023 $12,748 $299,100 $39,060 $260,040
2022 $11,845 $255,420 $39,060 $216,360
2021 $12,359 $236,880 $39,060 $197,820
2019 $10,650 $240,840 $39,060 $201,780
2018 $10,366 $52,310 $9,940 $42,370
2017 $9,780 $49,446 $7,583 $41,863
2016 $9,473 $48,938 $8,664 $40,274
2015 $5,406 $46,182 $12,257 $33,925
2014 $5,406 $43,592 $13,884 $29,708
Source: Public Records

Agents Affiliated with this Home

  • Libby Ryan

    Seller's Agent in 2023

    Libby Ryan

    Compass

    (917) 617-4227

    26 in this area

    59 Total Sales

    Libby Ryan
    Section Image
  • Maria Ryan

    Seller Co-Listing Agent in 2023

    Maria Ryan

    Compass

    (347) 276-5165

    26 in this area

    73 Total Sales

    Maria Ryan
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10861664

Real Estate Board of New York (REBNY)

APN: 01078-0053

New York Kings County Brooklyn 11215 Park Slope

547 3rd St, Brooklyn, NY

Not Listed for Sale

MultiFamily

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