Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,235,000

· Closed March 3, 2022

4812 3rd Avenue

$1,235,000

$399 per sq ft

4812 3rd Avenue

Sunset Park, Brooklyn

MLS® #RLS10760628

RLS at REBNY

Listing by Compass

5

Bedrooms

3

Baths

3,094

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 3,094 sq ft
Year Built 1931
Neighborhood Sunset Park

Property Highlights

  • Views: City
  • Outdoor Space: Building Terrace, Terrace
  • Style: Prewar architecture

Property Details

Type Single Family Residence
Total Rooms 15
Baths 3 Full
View City
Pets Yes
Cross Street 47th Street/48th Street
Year Built 1931
Living Area 3,094 sq ft
Architectural Style Prewar
Parcel # 00772-0039
Block/Lot 772/39

Listing History

Event Date Price Change
Listed Apr 13, 2021 $1,235,000 -
Price Reduced Mar 16, 2022 $1,399,000 +13.3%

Description

Come and be part of the booming Sunset Park real estate market with this investor's delight at 4812 3rd Avenue! This brick two-family over a store currently measures 18.75'X55' over three stories for a total of 3,094 SF plus a full basement. It is zoned M1-2D (allowing residential use) and has previously approved plans to extend the first floor to the back of the 100' lot for use as a performing arts studio with a parking space, as well as a bulkhead addition on the roof to allow residents to enjoy the incredible views of downtown Manhattan and the Statue of Liberty. The approved plans can be provided upon request and result in a net above-grade square footage of 3,731 SF and 4,774 SF including the basement. There are numerous possibilities here ranging from residential renovation with parking for an end-user, to an investor completing the first floor expansion and leasing it for solid rate of return (in an Opportunity Zone), to a developer building commercial, residential, or even utilizing the 4.8 community facility FAR (up to 9,000 BSF). Feel free to reach out with any questions. Co-brokers encouraged at 2.5%.

Features & Amenities

Exterior Features

Garden Building Terrace Terrace

Building Information

Sunset Park features four landmarked historic districts of Italianate, Neo-Grec, and Romanesque Revival brick and brownstone rowhouses climbing the hillside between Fourth and Eighth Avenues in western Brooklyn. The namesake hilltop park offers panoramic Manhattan skyline views and a 1936 neoclassical public pool, while the commercial corridors along Fifth Avenue and Eighth Avenue anchor the neighborhood. The D train at Ninth Avenue, N/R at 36th-45th-53rd Streets provide multiple subway connections to Manhattan.

Sunset Park Live Market Data

View Neighborhood

Active Listings

6

Median Asking Price

$1.11M

Median $/Sqft

$633

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

1

Median Sale Price

$730K

Live data from RLS at REBNY • Updated 5/1/26, 11:43 AM EST

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Location

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4812 3rd Avenue, Sunset Park, Kings County • Near 47th Street/48th Street

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
3
Floors
2
Residential Units
M1-2D
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $88,500
Land Value: $9,420
Exemptions: $0

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

Lot Area: 1,875 SF
Building Area: 3,094 SF
Built FAR: 1.65
Allowed FAR: 1.5

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 3,094 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1931, making it approximately 95 years old.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,235,000 for 3,094 sq ft, the asking price per square foot is approximately $399. 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: RLS10760628
First Listed: 4/13/2021
Price Changed: 3/16/2022
Closed: 3/3/2022
Contract Date: 4/13/2021

Listing Courtesy of Compass - Nathan Horne

Listing Contact: (706) 255-5657

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 5/1/2026 at 3:43 PM UTC

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