Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
501 8TH Avenue #ONE

For Sale · Listing by Douglas Elliman Real Estate

501 8TH Avenue #ONE

Park Slope, Brooklyn

$3,500,000

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Interested in this property?
Active For Sale Condo

$3,500,000

$1,296 per sq ft

501 8TH Avenue #ONE

Park Slope, Brooklyn

MLS® #RLS20114704

RLS at REBNY

Listing by Douglas Elliman Real Estate

Open House Scheduled

Sunday, September 13 • 1:00 PM – 2:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

4
Bedrooms
3.5
Baths
2,701
Sq. Ft.
1920
Year Built

Quick Summary

Bedrooms 4
Bathrooms 4 full, 1 half
Living Area 2,701 sq ft
Year Built 1920
Ownership Condo
HOA/Common Charges $937/mo
Property Taxes Contact for details
Neighborhood Park Slope
Floor 1 of 4

Property Highlights

  • Views: Other
  • Style: WalkUp architecture
  • Character: Pre-war building (1920)

Property Details

Type Condo
Ownership Condominium
Total Rooms 15
Baths 3 Full, 1 Half
Floor 1 of 4
View Other
Pets Yes
Year Built 1920
Living Area 2,701 sq ft
Architectural Style WalkUp
Basement Other
Parcel # 01085-0010
Block/Lot 01085/1085

Listing History

Event Date Price Change
Listed Sep 12, 2026 $3,500,000 -
Currently Sep 12, 2026 $3,500,000 -

Description

Introducing Residence No. 1 at 501 8th Avenue, an expansive four-bedroom, three-and-a-half-bathroom home offering 2,701 square feet of interior space, a private 240-square-foot side yard and an exceptional location just one block from Prospect Park. Set within a distinguished landmarked corner building, Residence No. 1 pairs the character of classic Brooklyn architecture with a refined, contemporary interior. Fourteen windows and exposures on multiple sides bring natural light throughout the home, while the building's depth creates a sense of privacy and separation rarely found in Park Slope. The main living spaces are open and thoughtfully designed for both everyday life and entertaining. A beautifully appointed kitchen anchors the living and dining areas with custom cabinetry, generous storage and premium appliance package, including a Bertazzoni induction range. Four bedrooms provide flexibility for a range of living arrangements. The primary suite offers a serene retreat, while the additional bedrooms are positioned with privacy and functionality in mind. One secondary bedroom retains original stained glass windows-a distinctive architectural detail that brings color, character and a meaningful connection to the building's history. Three full bathrooms and a powder room are finished with an elegant and calming, spa-like aesthetic. Nearly 1,200 square feet of the residence is located on the lower level, dramatically expanding the ways this home can be lived in. The generous footprint can easily accommodate a secondary living room in addition to a home office or gym, with additional space for storage. This flexibility, paired with the scale of the upper level, gives Residence No.1 the versatility of a townhouse within the ease of condominium living. Outdoors, the private 240-square-foot side yard creates a natural extension of the home and a rare opportunity for al fresco dining, gardening or a quiet retreat. Located on a picturesque Park Slope block just moments from Prospect Park, 501 8th Avenue is surrounded by some of Brooklyn's best dining, shopping and neighborhood amenities, with convenient access to transportation. Residence No. 1 offers an uncommon combination of scale, natural light, private outdoor space and historic character-all within one of Brooklyn's most sought-after neighborhoods. The complete terms are in an offering plan available from the Sponsor (File No: CD25-0270).

Features & Amenities

Interior Features

Building Other In Unit

Exterior Features

Garden Private Outdoor Space Over60 Sqft

Building Information

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

Financial Details

Common Charges $937/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

68

Median Asking Price

$1.86M

Median $/Sqft

$1,396

Avg Days on Market

N/A

New This Week

27

Price Reduced

15%

Sold (30 Days)

45

Median Sale Price

$1.70M

Live data from RLS at REBNY • Updated 9/12/26, 4:48 PM EST

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Location

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501 8TH Avenue #ONE, Park Slope, Kings County

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Building Information

Official NYC property records for this building

1920
Year Built
106 years old
4
Floors
R7B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $0
Land Value: $0
Exemptions: $0

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

Lot Area: 2,157 SF
Building Area: 6,960 SF
Built FAR: 3.23
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 $937 per month. Confirm the exact amount with Milton Coste before making an offer.

This property has 4 bedrooms and 3 full bathrooms and 1 half bathroom.

The listed interior living area is 2,701 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: Pets Allowed,Building Pets Allowed Comments:Pets Allowed. Contact Milton Coste for weight limits or breed restrictions.

At the current list price of $3,500,000 for 2,701 sq ft, the asking price per square foot is approximately $1,296. 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 milton@miltoncoste.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: RLS20114704
First Listed: 9/12/2026
On Market: 9/12/2026
Price Changed: 9/12/2026
Contract Date: 9/12/2026

Listing Courtesy of Douglas Elliman Real Estate - Alexander F Maroni

Listing Contact: (917) 704-3102

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 9/12/2026 at 8:48 PM UTC

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Park Slope Market Update

45 sales last 30 days · $1.86M median · 1.5 months supply

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Quick Facts

Status Active Type Condo Neighborhood Park Slope Borough Brooklyn
County Kings
Floor 1 of 4
Year Built 1920
First Listed 9/12/2026
Style WalkUp
Living Area 2,701 sqft
Common Charges $937/mo

Monthly Costs Estimate

Down Payment 20%

$700,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Common Charges $937
Total Monthly $0

Estimates only. Consult a lender for exact figures.

Mansion tax applies at this price point

New York State charges the buyer a mansion tax on residential purchases at $1,000,000 or more. At this asking price the tier is $3M to $4,999,999 at 1.50%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$52,500

Run the numbers on a different offer price

Estimate based on the asking price. Confirm your own obligation with your real estate attorney.

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