NOT LISTED FOR SALE

Estimated Value: $5,086,000 - $6,517,000

6 Beds
4.5 Baths
4,161 Sq Ft
$1,379/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $4,750,000 $1,142 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $31,252/month

10 Days on Market

Highlights

  • Rooftop Deck
  • Pre War Building
  • Patio
  • P.S. 321 William Penn Rated A
  • Intercom
  • Laundry Facilities

About This Home

As of September 2023

628 3rd Street sits at the edge of Prospect Park on a block that feels like a park itself, thanks to its old growth trees, triple wide sidewalks, and 23-foot deep landscaped front yards. Designed with a beautiful blond brick and limestone facade, 628 3rd Street was completed by the Kings & Westchester Land Company in 1910, as part of a picturesque row from 598 to 634 3rd St. This beautifully renovated townhouse comprises two apartments across six levels, each with its own separate entrance. Both apartments have stunning outdoor spaces, newly renovated windowed-kitchens, three full bedrooms, two full baths, and one half bath. Many of this historic home's original details remain, with modern updates added for comfort and convenience. Live in one unit and collect high rents from the other, or easily adapt the building for use as a sprawling single-family home.

Coming home to the lower apartment, you'll enter through a foyer and into a full-length open plan living room and dining room with a coffered ceiling. South-facing glass doors open up to an expansive side yard and backyard. The eat-in kitchen is newly appointed and filled with light from two exposures, including glass doors that lead to a bluestone garden patio and raised garden beds. Tall trees from the neighbors' yards provide privacy and a sense of being in the country. This is a wonderful oasis from the bustle of Brooklyn, where you can relax, entertain, and perhaps put your green thumb to good use.

From the living room, an elegant mid-century modern staircase leads up to the second floor, where you'll find three spacious bedrooms. The primary bedroom, which includes an ensuite half bath, features a four-windowed bay that looks out onto the trees and gardens of 3rd Street. Thanks to this home's innovative design and large extension, each of these three bedrooms is well separated from the others, providing a nice degree of privacy. Downstairs you'll find a spacious finished English basement with a full bath, laundry room, and door to the front yard. This is a perfect place for a media room, rec room, office and many other uses.

The upper apartment, with its own entrance and address of 628 A, begins with a small foyer and stairs that lead to the third floor. Here you'll find the original Arts and Crafts style staircase creates a warm and relaxed atmosphere. In the living room a large four-windowed bay frames the trees of 3rd Street and lets light deep into the house all day long. The original fireplace and mantle remain hidden behind a custom designed wall of shelving and cabinetry. The dining room is illuminated with large south facing windows, and leads to a large pantry, sleek windowed-kitchen, windowed-laundry room, and half bath. Upstairs there are three bedrooms and two full baths. The primary bedroom steps out to a beautiful deck. Back inside, the central stair leads all the way to the roof, which would be ideal for a large roof deck. Here you'll gaze over the tree-tops at stunning views of Prospect Park, Brooklyn, and Manhattan in the distance.

628 3rd Street sits at the top of a tranquil, low-traffic block and benefits from the fresh air and cool breezes of Prospect Park, just a stone's throw away. The celebrated restaurants, boutiques, and other amenities that make Park Slope such a desirable place to live are all close by, including the Farmer's Market at Grand Army Plaza, The Brooklyn Museum and Botanic Garden. The F, G, 2, 3, N, R, and other subway lines are close by for a quick commute to Manhattan and the rest of Brooklyn. Come see this rare townhouse jewel and make it the backdrop for your next chapter in Brooklyn.

Last Agent to Sell the Property

Paul Murphy

Compass License #30MU1104939 Listed on: 06/01/2023

Compass

Co-Listed By

Rebecca Navarro

Compass License #10401314767

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 1,917

Home Design

  • 4,161 Sq Ft Home
  • Pre War Building

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • Patio
  • Lot Dimensions are 20.0 x 95.0

Listing and Financial Details

  • Legal Lot and Block 33 / 1081

Community Details

Overview

  • Park Slope Subdivision
  • 6-Story Property

Amenities

  • Rooftop Deck
  • Building Patio
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Cross Street: 8th Avenue/Prospect Park West
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Park Slope
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 6

Interior Features

  • Equipment (Other): Intercom
  • Living Area: 4161.0
  • Living Area Units: Square Feet

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 6

Exterior Features

  • Exterior Features: Building Roof Deck
  • Patio/Porch Features: Building Patio, Patio

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Common Area

Lot Info

  • Lot Size Dimensions: 20.0 x 95.0

Building Info

  • Total Stories: 6
  • Year Built: 1901

Tax Info

  • Tax Block: 1081
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Sep 18, 2023
Sold by
628 Third Street Llc
Bought by
Ebied Tamer and Hadi Adam
Seller's Agent
Paul Murphy
Compass
List Price
$4,650,000
Sold Price
$4,750,000
Premium/Discount to List
$100,000
2.15%
Views
41
Current Estimated Value
$5,662,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$912,746
Avg. Annual Appreciation
8.49%
Original Mortgage
$3,800,000
Outstanding Balance
$3,716,501
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,022,322

Purchase Details

Closed on
Aug 29, 2022
Sold by
Pappas Peter C and Pappas Yannis Fc
Bought by
628 Third Street Llc and Pappas Yannis Fc

Purchase Details

Closed on
Dec 12, 2013
Sold by
Peter C Pappas As Trustee and The Anna M Pappas Trust
Bought by
Peter C Pappas As Trustee and The Anna M Pappas Irrevocable Trust

Purchase Details

Closed on
May 5, 2010
Sold by
Pappas Anna M
Bought by
Anna M Pappas Trust

Purchase Details

Closed on
Jan 5, 1999
Sold by
Pappas Chris and Pappas Anna
Bought by
Pappas Anna M
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
Ebied Tamer $4,750,000 --
Ebied Tamer $4,750,000 --
Ebied Tamer $4,750,000 --
628 Third Street Llc -- --
628 Third Street Llc -- --
Pappas Peter C -- --
628 Third Street Llc -- --
Pappas Peter C -- --
Peter C Pappas As Trustee -- --
Peter C Pappas As Trustee -- --
Anna M Pappas Trust -- --
Anna M Pappas Trust -- --
Pappas Anna M $301,000 Lawyers Title Insurance Corp
Pappas Anna M -- Lawyers Title Insurance Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ebied Tamer $3,800,000
Closed Ebied Tamer $3,800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2023 09/18/23 Sold $4,750,000 +2.2% $1,142 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $4,650,000 0.0% $1,118 / Sq Ft
06/30/2020 06/30/20 For Rent $7,500 +4.2% --
06/30/2020 06/30/20 Rented -- -- --
05/13/2018 05/13/18 For Rent $7,200 -- --
05/13/2018 05/13/18 Rented -- -- --
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 $19,690 $327,840 $48,300 $279,540
2024 $19,690 $313,440 $48,300 $265,140
2023 $19,895 $372,720 $48,300 $324,420
2022 $17,879 $305,040 $48,300 $256,740
2021 $18,577 $292,140 $48,300 $243,840
2020 $8,695 $280,800 $48,300 $232,500
2019 $16,487 $280,800 $48,300 $232,500
2018 $16,054 $81,633 $14,744 $66,889
2017 $15,351 $77,036 $12,679 $64,357
2016 $14,835 $75,960 $15,375 $60,585
2015 $8,340 $71,662 $19,514 $52,148
2014 $8,340 $68,078 $18,370 $49,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10897719

Real Estate Board of New York (REBNY)

APN: 01081-0033