Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $972,500

· Closed August 19, 2016

111 3RD Street #5
Closed For Sale Condo

$972,500

$978 per sq ft

111 3RD Street #5

Carroll Gardens, Brooklyn

Third + Bond

MLS® #RLS10068673

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

2

Baths

994

Sq. Ft.

2011

Year Built

Quick Summary

Bedrooms 1
Bathrooms 2
Living Area 994 sq ft
Year Built 2011
Ownership Condo
HOA/Common Charges $654/mo
Property Taxes $744/yr
Neighborhood Carroll Gardens
Floor 4

Property Highlights

  • Views: City
  • Exposure: North,South facing
  • Outdoor Space: Terrace

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 2 Full
Floor 4
View City
Exposure North,South
Cooling Central Air
Pets Yes
Year Built 2011
Living Area 994 sq ft

Listing History

Event Date Price Change
Listed Apr 8, 2016 $995,000 -
Currently May 5, 2026 $972,500 -2.3%

Description

This pristine and oversized 1-bedroom, 2-bathroom duplex is truly an urban oasis located in the heart of the dynamically changing Carroll Gardens/Gowanus area. A perfect fit for those looking for a modern adaptation of Brooklyn townhouse living and well worth the three flights up, this top-floor sanctuary offers nearly 1,000 square feet of loft-like living space (possible to create small 2nd sleeping area or home office), plus a spectacular private terrace with stunning open views spanning the Brooklyn skyline and beyond. The open chefs kitchen, living and dining areas have high ceilings and a wall of windows overlooking the treetops and gardens of brownstone Brooklyn and allow for maximum sunlight to spill in throughout the day. The master bedroom suite on the upper level is a world unto its own with an en suite bath with deep soaking tub, high ceilings, excellent light and views through northern, southern, and eastern exposures, and direct access to the private terrace for ultimate serenity and relaxation. Other luxurious details include a washer/dryer in the apt, central heating/air conditioning, and white oak solid hardwood flooring throughout. One of the first buildings in Brooklyn to achieve LEED-Platinum Certification, Third + Bond Condominium, designed by Roger Marvel Architects, is a seamless blend of green living and great design. Third + Bond is a collection of 44 units in 8 townhouse-style buildings conveniently located just a few blocks from the Carroll Street subway stop (F/G), near all the amazing restaurants and boutiques of Carroll Gardens, and Whole Foods is right at the end of the block! This condo enjoys low common charges and a 421A tax abatement until 2027.

Features & Amenities

Interior Features

Common Area

Exterior Features

Terrace

Building Information

Financial Details

Common Charges $654/mo
RE Taxes $744/yr ($62/mo)
Original Price $995,000
Sale Price $972,500
Previous Price $995,000

Carroll Gardens is defined by its deep front gardens and long-standing bakeries and restaurants along Court and Smith Streets. The real estate market features wide historic brownstones alongside new construction condominiums that maintain the low-rise building scale.

Carroll Gardens Live Market Data

View Neighborhood

Active Listings

35

Median Asking Price

$1.85M

Median $/Sqft

$1,382

Avg Days on Market

N/A

New This Week

3

Price Reduced

14%

Sold (30 Days)

9

Median Sale Price

$3.12M

Live data from RLS at REBNY • Updated 5/4/26, 11:29 PM EST

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Location

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111 3RD Street #5, Carroll Gardens, Kings County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

2009
Year Built
17 years old
4
Floors
43
Residential Units
R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $3,911,848
Land Value: $288,446
Exemptions: $733,243

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 15,530 SF
Building Area: 45,128 SF
Built FAR: 2.91
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $654 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $744, or roughly $62 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 2 full bathrooms.

The listed interior living area is 994 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2011, making it approximately 15 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $972,500 for 994 sq ft, the asking price per square foot is approximately $978. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10068673
First Listed: 4/8/2016
Price Changed: 8/19/2016
Closed: 8/19/2016
Contract Date: 4/8/2016

Listing Courtesy of The Corcoran Group - Laura Weinkam

Listing Contact: (646) 591-5216

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/5/2026 at 3:29 AM UTC

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