$4,800,000
SOLD MAY 14, 2025
7 Beds
6 Baths
4,500 Sq Ft
1903 Built

Recently Sold

$1,067 Per Sq Ft

19 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • No HOA
  • P.S. 321 William Penn Rated A
  • High Ceiling
  • Crown Molding

About This Home

As of May 2025

Discover the rare elegance of 579 5th Street, a stunning 20’ wide Tudor-style townhouse on a 100’ deep lot, nestled in the coveted Park Slope Historic District. Built in 1903 as part of a distinguished row of 12 townhomes by Lane and Yeandle, this property evolved from a stately single-family home into a two-family residence with a doctor’s office in 1946, and finally into a legal three-family home in 1972—all while preserving its historic grandeur and adapting to modern needs.The garden-level apartment offers a spacious floor-through layout with its own private entrance and exclusive access to the garden and a finished basement. Boasting 8.5-foot ceilings and two full bathrooms, it’s a serene retreat with thoughtful amenities.The grand duplex spans the second and third floors, extending 70 feet from front to back. With soaring 10-foot ceilings, four bedrooms, two full bathrooms, and elegant arched doorways, this space blends historic charm with modern luxury. Stained glass accents further elevate its timeless character.The top two floors feature a bright two-bedroom, two-bathroom apartment, complete with a stunning roof terrace offering panoramic views of Brooklyn and Manhattan. Skylights bathe the space in natural light, enhancing its warmth and openness.Modern comforts include washer-dryer units in each apartment, multiple gas fireplaces, and a newer gas boiler for year-round convenience. This versatile home is ideal as a residence with rental income or as a single-family conversion, offering a unique blend of historic architecture and contemporary living.Delivered Vacant! Don’t miss this chance to own a piece of Park Slope history. Contact us today to schedule your private viewing.

Last Agent to Sell the Property

Jeff Montana

Compass License #30MO0931106 Listed on: 01/13/2025

Compass

Co-Listed By

Karl Gerald

Compass License #10401323062

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,988

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 20.000000x100.000000
  • Private Entrance

Home Design

  • Triplex

Interior Spaces

  • 4,500 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Chandelier
  • 1 Fireplace
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3 Units
  • Park Slope Subdivision
  • 5-Story Property

Listing and Financial Details

  • Legal Lot and Block 0061 / 01083

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,988

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Triplex
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Architectural Style: Walk-Up
  • Entry Level: 1
  • Structure Type: Townhouse, Triplex
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 5

Interior Features

  • Interior Features: Chandelier, Crown Molding, High Ceilings, Recessed Lighting
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 4500.0
  • Living Area Units: Square Feet
  • Rooms (Total): 16
  • Basement: Yes
  • Basement: Full
  • Window Features: Bay Window(s), Double Pane Windows, Skylight(s)

Beds/Baths

  • Full Bathrooms: 6
  • Bathrooms Integer: 6
  • Bedrooms: 7

Exterior Features

  • View: No
  • Exterior Features: Private Entrance, Private Outdoor Space Over 60 Sqft
  • Patio/Porch Features: Patio, Rooftop

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: In Unit, See Remarks
  • Cooling: No
  • Heating: Natural Gas
  • Heating: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 20.000000x100.000000

Building Info

  • New Construction: No
  • Units: 3
  • Total Stories: 5
  • Year Built: 1903

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 01083
  • Tax Lot: 0061
  • Tax Annual: 20988.0

Multi Family

  • Building Area Units: Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
May 14, 2025
Sold by
Linda Mccutcheon Living Trust U/T/D June and Robert J Epstein Successor Trustee
Bought by
Bspx Real Estate Llc
Seller's Agent
Jeff Montana
Compass
List Price
$4,800,000
Sold Price
$4,800,000
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.98%
Original Mortgage
$4,080,000
Outstanding Balance
$4,076,397
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,047,103

Purchase Details

Closed on
Jul 28, 2014
Sold by
Mccutcheon Linda and Mccutcheon James H
Bought by
Linda Mccutcheon Living Trust

Purchase Details

Closed on
Nov 24, 2010
Sold by
Mccutcheon Linda
Bought by
Mccutcheon James H and Mccutcheon Linda
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $4,800,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,080,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2025 05/14/25 Sold $4,800,000 0.0% $1,067 / Sq Ft
02/01/2025 02/01/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $4,800,000 -- $1,067 / 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
2024 $20,991 $358,920 $51,900 $307,020
2023 $20,151 $329,460 $51,900 $277,560
2022 $18,686 $303,660 $51,900 $251,760
2021 $18,585 $290,580 $51,900 $238,680
2020 $9,238 $328,620 $51,900 $276,720
2019 $18,219 $293,040 $51,900 $241,140
2018 $16,855 $82,684 $13,492 $69,192
2017 $15,901 $78,004 $16,615 $61,389
2016 $14,712 $73,591 $20,481 $53,110
2015 $8,875 $73,591 $24,261 $49,330
2014 $8,875 $72,576 $20,770 $51,806
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11028570

Real Estate Board of New York (REBNY)

APN: 01083-0061