Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
502 1ST Street #2
Closed For Sale Condo

$1,581,000

$1,318 per sq ft

502 1ST Street #2

Park Slope, Brooklyn

MLS® #RLS10093573

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

1,200

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,200 sq ft
Year Built N/A
Ownership Condo
HOA/Common Charges $332/mo
Property Taxes $5,136/yr
Neighborhood Park Slope
Floor 2 of 1

Property Highlights

  • Outdoor Space: Terrace
  • Climate Control: Central Air

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 2 of 1
Cooling Central Air
Pets Yes
Cross Street 7 AVENUE and 8 AVENUE
Living Area 1,200 sq ft
Parcel # 01076-1002

Listing History

Event Date Price Change
Listed Jan 28, 2015 $1,395,000 -
Currently May 1, 2026 $1,581,000 +13.3%

Description

This beautiful duplex 2-bedroom, 2-bath condo sprawls across the parlor and garden floors of a landmarked Romanesque Revival brownstone, which sits in the middle of one of Park Slope?s most picturesque blocks, just a block and a half from Prospect Park. The apartment was expertly renovated in 2009, with high end systems and finishes throughout, including central a/c, a wood burning fireplace, and custom built walnut shelves and cabinets. There are three outdoor spaces: a terrace off the parlor floor, a common roof area with sweeping views, and a private sunny south facing backyard - a wonderful oasis for entertaining and relaxing. The kitchen is outfitted with top quality appliances and finishes: Liebherr refrigerator, Bosch dishwasher, 5-burner Bertazzoni range, and Caesarstone countertops. There?s also a laundry room off the kitchen with a Frigidaire washer/dryer. To top it all off, there is also a dedicated storage room in the basement. Showings will begin Sunday, February 1st.

Features & Amenities

Interior Features

Separate Formal Dining Room Building Washer Dryer Install Allowed

Exterior Features

Garden Terrace

Building Information

Financial Details

Common Charges $332/mo
RE Taxes $5,136/yr ($428/mo)
Original Price $1,395,000
Sale Price $1,581,000
Previous Price $1,395,000

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

114

Median Asking Price

$1.72M

Median $/Sqft

$1,376

Avg Days on Market

N/A

New This Week

12

Price Reduced

17%

Sold (30 Days)

23

Median Sale Price

$1.64M

Live data from RLS at REBNY • Updated 5/1/26, 11:54 AM EST

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Location

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502 1ST Street #2, Park Slope, Kings County • Near 7 AVENUE and 8 AVENUE

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1890
Year Built
136 years old
3
Floors
4
Residential Units
R6B
Zoning District
Condominiums Historic District: Park Slope Historic District

Tax & Assessment

Assessed Value: $1,064,250
Land Value: $85,950
Exemptions: $0

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

Lot Area: 2,000 SF
Building Area: 4,177 SF
Built FAR: 2.09
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 $332 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $5,136, or roughly $428 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 1,200 square feet. Verify dimensions independently during due diligence.

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 $1,581,000 for 1,200 sq ft, the asking price per square foot is approximately $1,318. 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: RLS10093573
First Listed: 1/28/2015
Price Changed: 5/5/2015
Closed: 5/1/2015
Contract Date: 1/28/2015

Listing Courtesy of The Corcoran Group - Paul Murphy

Listing Contact: (718) 986-7509

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 5/1/2026 at 3:54 PM UTC

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