Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
602 5th Street

For Sale · Listing by Corcoran Group

602 5th Street

Park Slope, Brooklyn

$5,000,000

Interested in this property?
Active For Sale Multi Family

$5,000,000

$992 per sq ft

602 5th Street

Park Slope, Brooklyn

MLS® #RLS20115047

RLS at REBNY

Listing by Corcoran Group

5
Bedrooms
3
Baths
5,040
Sq. Ft.
1901
Year Built

Quick Summary

Bedrooms 5
Bathrooms 3
Living Area 5,040 sq ft
Lot Size 2,000 sq ft
Year Built 1901
Ownership None
Property Taxes $15,936/yr
Neighborhood Park Slope
Floor 1 of 3

Property Highlights

  • Exposure: North,South facing
  • Outdoor Space: Deck
  • Climate Control: Central Air

Property Details

Type Multi Family
Ownership None
Total Rooms 10
Baths 3 Full
Floor 1 of 3
Exposure North,South
Cooling Central Air
Pets Yes
Year Built 1901
Living Area 5,040 sq ft
Structure Type MultiFamily
Flooring Hardwood, Parquet
Furnished Unfurnished
Lot Size 2,000 sq ft
Parcel # 01085-0032
Block/Lot 01085/0032

Listing History

Event Date Price Change
Listed Sep 14, 2026 $5,000,000 -
Currently Sep 14, 2026 $5,000,000 -

Description

Located on one of Park Slope’s most coveted park blocks, 602 5th Street is a gracious 20-foot-wide townhouse offering beautiful original details, generous proportions, and a flexible layout just steps from Prospect Park. Currently configured as an expansive upper triplex over a one-bedroom garden apartment, the home offers the opportunity to enjoy substantial living space while maintaining a separate apartment for rental income, guests, or extended family. The upper triplex is distinguished by an elegant center staircase, a layout that creates a wonderful sense of scale and flow throughout the house. The parlor floor retains an exceptional collection of original details, including inlaid parquet floors, stained glass, intricate woodwork, pocket doors, and a handsome pier mirror. Generously proportioned rooms provide multiple options for living, dining, and entertaining. At the rear of the parlor floor, the kitchen features abundant cabinetry and storage, a six-burner BlueStar range, and a gas fireplace. Beyond the kitchen, a sun-filled solarium with walls of windows overlooks the garden and opens onto a deck, creating a seamless connection between the interior and outdoor spaces. The bedroom floors above offer four spacious bedrooms plus additional flexible space for a home office, dressing room, or den. Throughout the house, original fireplaces, stained glass, built-ins, and other period details speak to the craftsmanship and character of this classic Park Slope home. The separate one-bedroom garden apartment provides valuable flexibility and income potential, making the property equally appealing to an end user looking for additional income or someone seeking space for guests or extended family. Perhaps most special is the location. 602 5th Street sits just off Prospect Park West, placing Prospect Park practically at your doorstep while keeping you in the heart of Park Slope. The neighborhood’s restaurants, cafés, shops, farmers market, and transportation are all close at hand. With its 20-foot width, center-stair configuration, beautiful original details, flexible two-unit layout, and exceptional park-block setting, 602 5th Street presents a rare opportunity to create a truly special Park Slope home.

Features & Amenities

Interior Features

High Ceilings Laundry Room In Unit See Remarks Flooring: Hardwood, Parquet

Exterior Features

Building Garden Private Outdoor Space Over60 Sqft Deck

Building Information

Building Data View Compliance & Permits
Total Units 1
Stories 3
Structure MultiFamily

Financial Details

RE Taxes $15,936/yr ($1,328/mo)

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

76

Median Asking Price

$2.00M

Median $/Sqft

$1,389

Avg Days on Market

N/A

New This Week

32

Price Reduced

14%

Sold (30 Days)

43

Median Sale Price

$1.70M

Live data from RLS at REBNY • Updated 9/14/26, 7:31 PM EST

Similar Listings in Park Slope

View All

Location

Loading map...

602 5th Street, Park Slope, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1892
Year Built
134 years old
3
Floors
1
Residential Units
R7B
Zoning District
One Family Dwellings Historic District: Park Slope Historic District

Tax & Assessment

Assessed Value: $340,800
Land Value: $44,160
Exemptions: $4,280

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

Lot Area: 2,000 SF
Building Area: 3,760 SF
Built FAR: 1.88
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 $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $15,936, or roughly $1,328 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms.

The listed interior living area is 5,040 square feet. Verify dimensions independently during due diligence.

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

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $5,000,000 for 5,040 sq ft, the asking price per square foot is approximately $992. 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: RLS20115047
First Listed: 9/14/2026
On Market: 9/14/2026
Price Changed: 9/14/2026
Contract Date: 8/9/2026

Listing Courtesy of Corcoran Group - Jacqueline Torren

Listing Contact: (917) 287-4249

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 9/14/2026 at 11:31 PM UTC

See it in person

Park Slope Market Update

43 sales last 30 days · $2.00M median · 1.8 months supply

Read Full Report

New listings in this neighborhood

Quick Facts

Status Active Type Multi Family Neighborhood Park Slope Borough Brooklyn
County Kings
Floor 1 of 3
Year Built 1901
First Listed 9/14/2026
Living Area 5,040 sqft
Annual Tax $15,936

Monthly Costs Estimate

Down Payment 20%

$1,000,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $1,328
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 $5M to $9,999,999 at 2.25%, applied to the whole purchase price. It is due in cash at closing and cannot be financed.

Estimated mansion tax at asking

$112,500

Run the numbers on a different offer price

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

Back to Search

Find more properties

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

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.

Call Text Email