Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $4,200,000

· Closed August 22, 2017

540 3rd Street

$4,200,000

$1,050 per sq ft

540 3rd Street

Park Slope, Brooklyn

MLS® #RLS10411594

RLS at REBNY

Listing by Compass

5

Bedrooms

3

Baths

4,000

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 4,000 sq ft
Year Built 1901
Neighborhood Park Slope

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1901)

Property Details

Type Single Family Residence
Total Rooms 10
Baths 3 Full
Cross Street 7th Avenue/8th Avenue
Year Built 1901
Living Area 4,000 sq ft
Architectural Style Prewar
Parcel # 01080-0023
Block/Lot 1080/23

Listing History

Event Date Price Change
Listed Jun 8, 2017 $4,200,000 -
Currently Apr 29, 2026 $4,200,000 -

Description

Move right in to this lovely, center-Slope limestone. Designed by prolific Brooklyn architect Axel Hedman, and constructed in 1910, the house is full of Renaissance Revival details. A short list includes parquet floors, quarter-sawn oak panelling, a center staircase of mahogany, classical columns, and original glass and iron doors. It is one of a long row of limestones on the block, each of which has a deep front garden.

The renovations to the house have occurred over the years. Most striking is the parlor floor, which has been opened up from the front door, through to the rear deck. In 2016 the kitchen was torn out to the studs and re-constructed to open it to the rest of the floor. Calacatta marble counter tops, custom cabinets, a Sub-Zero fridge, double electric ovens, and a Wolfe cooktop are the basics; extras include a radiant heat floor, double glass doors to the deck, and a split system which delivers air conditioning in 2 zones to the parlor floor. The parlor floor offers 2 sitting rooms (one with a gas fireplace) and a formal dining room.

On the floor above the parlor there are 2 large bedrooms and a full bath. The rear bedroom is being used as a den, but has a large closet and stained glass enclosed sink area. The front bedroom has a bay window, its own stained glass enclosed sink, and large closet. Both rooms have lovely parquet floors and all the original doors and cabinetry. The full bath has a glass enclosed walk-in shower and limestone floor.

On the top floor there are 2 equal sized bedrooms in the rear, one small office, a full bath, and a large bedroom in the front. This floor has been renovated to eliminate the tiny maid's room, allowing the house to offer 5 full bedrooms on 2 floors. There are 3 skylights and a closet giving access to the roof.

The English basement has been renovated to provide additional useful space. It has a polished concrete floor, built-in closets for storage, an extensive gym area, a rec room/tv area, a full bath, and a working sauna. The mechanicals of the house are consolidated into the rear extension where there is also a full laundry set-up.

The gas fired boiler provides circulating hot water heat to 3 zones - the main house, the kitchen, and the basement. The roof was replaced in approximately 2010 and the windows have all been replaced. In the front of the house, the windows are landmark-approved custom double-paned wood. All the electric service and internal wiring has been replaced and most of the plumbing is updated.

Third Street is a coveted Park Slope location with wide sidewalks and a very neighborly ambiance. 540 3rd is 1.5 blocks from Prospect Park, equidistant between the 2/3 train and the F train, and zoned for P.S. 321. With its canopy of mature trees, it is the quintessential Park Slope home.

Building Information

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

$1.74M

Median $/Sqft

$1,377

Avg Days on Market

N/A

New This Week

12

Price Reduced

17%

Sold (30 Days)

23

Median Sale Price

$1.65M

Live data from RLS at REBNY • Updated 4/29/26, 11:09 AM EST

Similar Listings in Park Slope

View All

Location

Loading map...

540 3rd Street, Park Slope, Kings County • Near 7th Avenue/8th Avenue

Building Information

Official NYC property records for this building

1909
Year Built
117 years old
3
Floors
1
Residential Units
R6B
Zoning District
One Family Dwellings Historic District: Park Slope Historic District

Tax & Assessment

Assessed Value: $289,980
Land Value: $35,040
Exemptions: $0

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

Lot Area: 1,726 SF
Building Area: 2,730 SF
Built FAR: 1.58
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

This property has 5 bedrooms and 3 full bathrooms.

The listed interior living area is 4,000 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1901, making it approximately 125 years old.

At the current list price of $4,200,000 for 4,000 sq ft, the asking price per square foot is approximately $1,050. 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: RLS10411594
First Listed: 6/8/2017
Closed: 8/22/2017
Contract Date: 6/8/2017

Listing Courtesy of Compass - Libby Ryan

Listing Contact: (917) 617-4227

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 4/29/2026 at 3:09 PM UTC

Buying in NYC? Start Here

Single-Family Homes in NYC: Finding Outdoor Space

Where to find private outdoor space and what it costs in each borough.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

View Active Listings Call Milton