Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,195,000

· Closed April 13, 2022

488 STERLING Place #PHA
Closed For Sale Condo

$2,195,000

$1,633 per sq ft

488 STERLING Place #PHA

Crown Heights, Brooklyn

null

MLS® #RLS10765372

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2

Baths

1,344

Sq. Ft.

2022

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,344 sq ft
Year Built 2022
Ownership Condo
HOA/Common Charges $819/mo
Property Taxes $10,992/yr
Neighborhood Crown Heights
Floor 6 of 7

Property Highlights

  • Exposure: North,West facing
  • New Construction: Brand new building

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 6 of 7
Exposure North,West
Pets Yes
Year Built 2022 (New)
Living Area 1,344 sq ft

Listing History

Event Date Price Change
Listed Nov 18, 2021 $2,175,000 -
Currently May 18, 2026 $2,195,000 +0.9%

Description

THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. AG FILE NO. CD21-0034. Sponsor: 484-490 Sterling Pl NY Corp., 80 4th Street, Brooklyn, NY 11231.

Taxes listed reflect the purchaser receiving the co-op and condo tax abatement.

Features & Amenities

Appliances

Dryer Washer

Building Information

Financial Details

Common Charges $819/mo
RE Taxes $10,992/yr ($916/mo)
Original Price $2,175,000
Sale Price $2,195,000
Previous Price $2,175,000

Crown Heights is a dynamic and architecturally rich neighborhood in central Brooklyn. Famous for its grand boulevards and impressive collection of pre-war apartment buildings and brownstones, the area offers a sense of scale and history. Residents enjoy proximity to the Brooklyn Museum, the Botanic Garden, and a active restaurant scene along Franklin and Nostrand Avenues, making it a popular choice for those seeking space and culture.

Crown Heights Live Market Data

View Neighborhood

Active Listings

90

Median Asking Price

$1.61M

Median $/Sqft

$990

Avg Days on Market

N/A

New This Week

5

Price Reduced

22%

Sold (30 Days)

2

Median Sale Price

$1.31M

Live data from RLS at REBNY • Updated 5/18/26, 8:48 AM EST

Similar Listings in Crown Heights

View All

Location

Loading map...

488 STERLING Place #PHA, Crown Heights, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

2019
Year Built
7 years old
7
Floors
25
Residential Units
R6A
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $3,848,844
Land Value: $562,946
Exemptions: $0

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

Lot Area: 10,425 SF
Building Area: 34,140 SF
Built FAR: 3.27
Allowed FAR: 3

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 $819 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $10,992, or roughly $916 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,344 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2022, making it approximately 4 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.

Pet policy requires confirmation with the listing broker.

At the current list price of $2,195,000 for 1,344 sq ft, the asking price per square foot is approximately $1,633. 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: RLS10765372
First Listed: 11/18/2021
Price Changed: 4/13/2022
Closed: 4/13/2022
Contract Date: 9/7/2021

Listing Courtesy of Douglas Elliman Real Estate - LINDSAY BARRETT

Listing Contact: (917) 363-5521

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 5/18/2026 at 12:48 PM UTC

Buying a Condo? Start Here

Co-op vs. Condo: Which Is Right for You?

Ownership structure, board approval, financing: the full comparison.

Read article

Condo Due Diligence Checklist

What to review before signing: financials, reserve fund, offering plan.

Read article

How to Read a Condo Offering Plan

Decode the offering plan before you commit to any new development.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton