Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,528,000

· Closed September 15, 2016

565 5th Street #B
Closed For Sale Condo

$1,528,000

$880 per sq ft

565 5th Street #B

Park Slope, Brooklyn

MLS® #RLS10055353

RLS at REBNY

Listing by The Corcoran Group

2

Bedrooms

2

Baths

1,736

Sq. Ft.

1920

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,736 sq ft
Year Built 1920
Ownership Condo
HOA/Common Charges $369.08/mo
Property Taxes $4,205.76/yr
Neighborhood Park Slope
Floor 1 of 4

Property Highlights

  • Exposure: North,South,West facing
  • Outdoor Space: Building Terrace
  • Style: Prewar architecture

Property Details

Type Condo
Ownership Condominium
Total Rooms 5
Baths 2 Full
Floor 1 of 4
Exposure North,South,West
Cooling Central Air
Pets Yes
Cross Street 8th Avenue & Prospect Park West
Year Built 1920
Living Area 1,736 sq ft
Architectural Style Prewar

Listing History

Event Date Price Change
Listed May 1, 2015 $2,399,000 -
Price Reduced May 27, 2015 $1,579,000 -34.2%
Currently Apr 30, 2026 $1,528,000 -3.2%

Description

Lovely and newly renovated 1,736 sq. ft. garden duplex has a 1,045 sq. ft. main floor with two bedrooms, two full baths and a fully finished 691 sq. ft. rec room downstairs. Also downstairs are a powder room and laundry that's private to this apartment. A lovely decked garden at the rear of the building is your personal oasis, perfect for barbecues, parties and relaxing. 565 5th Street is a new 4-unit condo conversion of a classic Italianate Park Block limestone located in the heart of Brooklyn's most popular neighborhood. All of the apartments in this building have white oak flooring, custom kitchen cabinetry with soft-close drawers and doors, and come with Jenn-Air and KitchenAid appliances. Other modern amenities include central air conditioning and washer/dryers in all apartments. 565 5th Street is a stone's throw from Prospect Park, and convenient to all of the shops, restaurants and amenities that make Park Slope the perfect place to call home. It is four blocks from the 9th St. F-train and a 10 minute stroll from the Grand Army Plaza subway station.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Exterior Features

Garden Building Terrace

Building Information

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

Financial Details

Common Charges $369.08/mo
RE Taxes $4,205.76/yr ($350/mo)
Original Price $2,399,000
Sale Price $1,528,000
Previous Price $1,579,000

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

112

Median Asking Price

$1.75M

Median $/Sqft

$1,384

Avg Days on Market

N/A

New This Week

8

Price Reduced

17%

Sold (30 Days)

24

Median Sale Price

$1.64M

Live data from RLS at REBNY • Updated 4/30/26, 8:22 AM EST

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Location

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565 5th Street #B, Park Slope, Kings County • Near 8th Avenue & Prospect Park West

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1904
Year Built
122 years old
3
Floors
16
Residential Units
R7B
Zoning District
Condominiums Historic District: Park Slope Historic District

Tax & Assessment

Assessed Value: $1,390,949
Land Value: $17,100
Exemptions: $136,250

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

Lot Area: 2,000 SF
Building Area: 4,810 SF
Built FAR: 2.41
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 $369.08 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $4,205.76, or roughly $350 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 1,736 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 $1,528,000 for 1,736 sq ft, the asking price per square foot is approximately $880. 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: RLS10055353
First Listed: 5/1/2015
Price Changed: 5/27/2015
Closed: 9/15/2016
Contract Date: 5/1/2015

Listing Courtesy of The Corcoran Group - James Cornell

Listing Contact: (917) 882-4412

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 4/30/2026 at 12:22 PM UTC

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