Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
561 5TH Street #1
Interested in this property?
Active For Sale Condo

$2,500,000

$1,377 per sq ft

561 5TH Street #1

Park Slope, Brooklyn

MLS® #RLS20078314

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

1.5

Baths

1,816

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2 full, 1 half
Living Area 1,816 sq ft
Year Built 1920
Ownership Condo
HOA/Common Charges $332/mo
Property Taxes Contact for details
Neighborhood Park Slope
Floor 1 of 4

Property Highlights

  • Exposure: North,South facing
  • Fireplace: 1 fireplace
  • Style: WalkUp architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 6
Baths 1 Full, 1 Half
Floor 1 of 4
Exposure North,South
Cooling Ductless
Pets Yes
Year Built 1920
Living Area 1,816 sq ft
Architectural Style WalkUp
Basement Other
Parcel # 01083-1001
Block/Lot 01083/1001

Listing History

Event Date Price Change
Listed Mar 25, 2026 $2,500,000 -
Currently May 4, 2026 $2,500,000 -

Description

Stylish Condo Living in a Quintessential Park Slope Brownstone Setting - 561 5th Street. And it's currently zoned for PS 321!

Modern conveniences are mixed with touches of Old-World charm in this 2 Bed, 1 1/2 Bath, Garden Duplex on one of Park Slope's most coveted park blocks. Intelligently integrated into a classic 20' wide Italianate Brownstone, the sprawling first floor and lower level are built the full width of the building, providing you and your family ample room to live and grow.

It all starts with the wide-open Family Room: hardwood floors, crown molding, and a wood burning fireplace with original carved marble mantle lend the charm, while the triple faceted Bay Window allows light and air to flow in. The formal dining area is here, conveniently located next to a pass-through galley kitchen featuring hardwood cabinets, black marble counters, and full-sized Stainless-Steel appliances -- perfect for entertaining guests or feeding the troops.

Secluded in the rear of the unit is the Primary Bedroom, a quiet oasis with two large windows and a windowed door overlooking your Private Garden, allowing light and air to waft through.

The garden itself is the true gem: basket-weave patterned bricks lead to flower beds brimming with annual flowers and shrubs, while two stately Cedar trees provide privacy and shade for outdoor dining with the family, or quiet Sunday mornings sipping coffee.

The second bedroom is just down the hall: Queen-sized, it has tons of closets and garden views of its own. The Full Bath is on this floor as well, featuring a deep Jacuzzi tub along with subway tiles and pedestal sink, the latter paying homage to the building's historic past.

The second level is a great addition: your laundry is here, as well as a Half Bath. There's plenty of space for storage along with two large rooms to be used as a home office, children's art/playroom, recreation room, or a teenage grotto. Whatever you choose, the bonus space is here for your imagination. All this, plus there's a multi-zone climate control system throughout.

As mentioned, the location is sublime: Fifth Street on a park block right next to the Crown Jewel of Brooklyn - Prospect Park, where morning walks and summer concerts await. Currently zoned for PS 321, it's close to everything Park Slope is known for. The fresh air markets at Grand Army Plaza and Pritchard Square are both within reach. Incredible world class dining is all around... Pasta Louise, Fonda, Azul, the list goes on. Local favorite Nighthawk Cinema is within an easy stroll. Transportation is a snap, as the subway is a short 3 blocks away.

Apartments of this quality in Park Slope proper don't come around very often, so please come to our first Open House this Sunday, March 22nd, from 12-1:30 PM. We hope to see you there!

Features & Amenities

Interior Features

Separate Formal Dining Room Building None Washer Hookup In Unit Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 4
Stories 4
Style WalkUp

Financial Details

Common Charges $332/mo
RE Taxes Contact for details

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

108

Median Asking Price

$1.62M

Median $/Sqft

$1,376

Avg Days on Market

N/A

New This Week

12

Price Reduced

17%

Sold (30 Days)

23

Median Sale Price

$1.59M

Live data from RLS at REBNY • Updated 5/3/26, 10:23 PM EST

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Location

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561 5TH Street #1, Park Slope, Kings County

Floor Plans

Floor Plan 1
Floor Plan 2

Building Information

Official NYC property records for this building

1904
Year Built
122 years old
3
Floors
4
Residential Units
R7B
Zoning District
Condominiums Historic District: Park Slope Historic District

Tax & Assessment

Assessed Value: $1,075,502
Land Value: $52,201
Exemptions: $0

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

Lot Area: 2,000 SF
Building Area: 4,766 SF
Built FAR: 2.38
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 $332 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 1 full bathroom and 1 half bathroom.

The listed interior living area is 1,816 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1920, making it approximately 106 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 $2,500,000 for 1,816 sq ft, the asking price per square foot is approximately $1,377. 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: RLS20078314
First Listed: 3/19/2026
On Market: 3/25/2026
Price Changed: 3/19/2026
Contract Date: 3/19/2026

Listing Courtesy of Douglas Elliman Real Estate - Cathy Camille Mazurek

Listing Contact: (917) 836-0206

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 5/4/2026 at 2:23 AM UTC

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