Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $995,000

Listed at $999,000 · Sold 0.4% below asking · Closed August 18, 2015

40 3rd Street #5
Closed For Sale Co-op

$999,000

$929 per sq ft

40 3rd Street #5

Carroll Gardens, Brooklyn

MLS® #RLS10096098

RLS at REBNY

Listing by Compass

2

Bedrooms

2

Baths

1,075

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,075 sq ft
Year Built 1899
Ownership Co-op
Maintenance $996/mo
Neighborhood Carroll Gardens

Property Highlights

  • Exposure: South facing
  • Fireplace: Wood-burning or decorative fireplace
  • Style: Prewar architecture

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 2 Full
Exposure South
Cooling Window Units
Pets Yes
Cross Street Smith Street/Hoyt Street
Year Built 1899
Living Area 1,075 sq ft
Architectural Style Prewar
Parcel # 00464-0028-00040-000-0000005
Block/Lot 464/28

Listing History

Event Date Price Change
Listed Apr 27, 2015 $999,000 -
Price Reduced May 26, 2015 $1,165,000 +16.6%

Description

Be delighted by this exceptional two bedroom, two bathroom south-facing duplex in a pet friendly, financially solid, boutique co-operative in Carroll Gardens. The stunning second floor apartment features six new oversized Pella windows allowing abundant sunlight, exposed brick walls, a renovated kitchen with granite counters and stainless appliances, stained oak floors, two king-size bedrooms, great closet space including two large walk-in closets, an in-unit washer/dryer and a working wood-burning fireplace. Ideally located, it's just minutes to Whole Foods and highly rated restaurants on Smith and Court Streets, and a short walk to the F & G subway lines. The co-op has strong financials with many capital improvements recently completed. The building also offers basement bike storage.
Here is your opportunity to own in an amazing neighborhood and building!

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Fireplace

Appliances

Dryer Washer

Building Information

Financial Details

Maintenance $996/mo
Sale Price $995,000
Previous Price $1,165,000

Carroll Gardens is defined by its deep front gardens and long-standing bakeries and restaurants along Court and Smith Streets. The real estate market features wide historic brownstones alongside new construction condominiums that maintain the low-rise building scale.

Carroll Gardens Live Market Data

View Neighborhood

Active Listings

35

Median Asking Price

$1.85M

Median $/Sqft

$1,382

Avg Days on Market

N/A

New This Week

3

Price Reduced

14%

Sold (30 Days)

9

Median Sale Price

$3.12M

Live data from RLS at REBNY • Updated 5/5/26, 3:20 AM EST

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Location

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40 3rd Street #5, Carroll Gardens, Kings County • Near Smith Street/Hoyt Street

Building Information

Official NYC property records for this building

1899
Year Built
127 years old
4
Floors
9
Residential Units
R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $1,706,400
Land Value: $11,700
Exemptions: $105,575

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

Lot Area: 2,700 SF
Building Area: 6,696 SF
Built FAR: 2.48
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 $996 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,075 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1899, making it approximately 127 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.

At the current list price of $999,000 for 1,075 sq ft, the asking price per square foot is approximately $929. 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: RLS10096098
First Listed: 4/27/2015
Price Changed: 5/26/2015
Closed: 8/18/2015
Contract Date: 4/27/2015

Listing Courtesy of Compass - Abdul Muid

Listing Contact: (347) 489-9216

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 5/5/2026 at 7:20 AM UTC

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