Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
488 3rd Street #4-B
Closed For Sale Co-op

$600,000

488 3rd Street #4-B

Park Slope, Brooklyn

MLS® #RLS10708031

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1920
Ownership Co-op
Maintenance $554/mo
Neighborhood Park Slope
Floor 4 of 5

Property Highlights

  • Exposure: East,North,South facing
  • Style: Prewar architecture
  • Character: Pre-war building (1920)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Baths 1 Full
Floor 4 of 5
Exposure East,North,South
Pets Yes
Cross Street 6th Avenue/7th Avenue
Year Built 1920
Architectural Style Prewar
Block/Lot 983/31

Listing History

Event Date Price Change
Listed Mar 31, 2021 $600,000 -
Currently Apr 25, 2026 $600,000 -

Description

Fall in love with this airy south facing fully renovated home on one of the loveliest blocks in Park Slope nestled into a well-maintained brownstone. Three flights up and worth every step, this jewel box home features restored tin ceilings, crown molding, two walk-in customized closets and open treetops views. The freshly renovated kitchen features modern quartz countertop and backsplash, new appliances including a dishwasher, a custom dining island with seating and storage. The layout is ideal with open living space offering plenty of room to dine and entertain. The marble bathroom was also just renovated with a walk-in rain shower. 488 Third Street is a 10-unit, five story self-managed co-op with part-time super, solid financials and no underlying mortgage. Enjoy the lush and landscaped private garden in front of the building. Common areas have been recently updated and basement storage is transferred to the new owner (5' x 6'), as well as bicycle storage and central laundry. They are located near neighborhood staples such as Blue Bottle coffee, Juice Press, Park Slope Food Co-op, Stone Park Caf, as well as multitude of shops, restaurants and nightlife on both 5th and 7th Avenues, and Prospect Park is mere minutes away. Only 6 blocks to the F / F Express trains at 7th Ave and 10 blocks to the B/Q trains at Flatbush and the 2/3 at Grand Army. Pet friendly.

Features & Amenities

Interior Features

Dining Area Common Area

Building Information

Financial Details

Maintenance $554/mo
Sale Price $600,000

Park Slope is a well-known Brooklyn neighborhood, recognized for its tree-lined streets and preserved brownstones. Bordering the western edge of Prospect Park, the neighborhood offers convenient access to green space. The real estate market features a mix of historic townhouses, cooperatives, and modern condominiums, within walking distance of the park.

Park Slope Live Market Data

View Neighborhood

Active Listings

110

Median Asking Price

$1.70M

Median $/Sqft

$1,376

Avg Days on Market

N/A

New This Week

15

Price Reduced

16%

Sold (30 Days)

23

Median Sale Price

$1.66M

Live data from RLS at REBNY • Updated 4/25/26, 6:43 AM EST

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Location

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488 3rd Street #4-B, Park Slope, Kings County • Near 6th Avenue/7th Avenue

Building Information

Official NYC property records for this building

1920
Year Built
106 years old
4
Floors
10
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $940,050
Land Value: $9,450
Exemptions: $6,560

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

Lot Area: 1,980 SF
Building Area: 4,400 SF
Built FAR: 2.22
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 monthly maintenance are $554 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 1 bedroom and 1 full bathroom.

According to MLS records, the building was constructed in 1920, making it approximately 106 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

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

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: RLS10708031
First Listed: 3/31/2021
Price Changed: 7/16/2021
Closed: 7/16/2021
Contract Date: 3/31/2021

Listing Courtesy of Compass - Suzanne Koxvold

Listing Contact: (917) 496-8211

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 4/25/2026 at 10:43 AM UTC

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