Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,000,000

· Closed July 19, 2018

5718 3rd Avenue

$2,000,000

$324 per sq ft

5718 3rd Avenue

Sunset Park, Brooklyn

MLS® #RLS10467726

RLS at REBNY

Listing by Compass

6

Bedrooms

6

Baths

6,169

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 6
Bathrooms 6
Living Area 6,169 sq ft
Year Built 1931
Neighborhood Sunset Park

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1931)

Property Details

Type Single Family Residence
Total Rooms 30
Baths 6 Full
Cross Street 57th Street/58th Street
Year Built 1931
Living Area 6,169 sq ft
Architectural Style Prewar
Parcel # 00845-0042
Block/Lot 845/42

Listing History

Event Date Price Change
Listed Apr 2, 2015 $2,000,000 -
Price Reduced Oct 18, 2016 $2,200,000 +10.0%

Description

Make It Your Business ...to consider the full potential in this investment opportunity. This four-story mixed-use building is located on the West side of 3rd Avenue between 57th Street and 58th Street in Sunset Park Brooklyn. Occupying a 29.5? x 100? lot, the building is a brick structure measuring approximately 29.5? x 60.75? on all four floors plus a 14? x 5? extension. The property currently contains two ground floor commercial spaces configured as adjoining offices and six (6) one bedroom one bath railroad-layout residential apartments on the upper floors. The current residential apartments are rent stabilized. The building is a legal eight (8) family building affording free market residential on the ground floor if so desired. The residential units will be delivered occupied. The commercial space will be delivered vacant.

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

5

Median Asking Price

$620K

Median $/Sqft

$655

Avg Days on Market

N/A

New This Week

0

Price Reduced

0%

Sold (30 Days)

2

Median Sale Price

$855K

Live data from RLS at REBNY • Updated 5/3/26, 10:37 AM EST

Similar Listings in Sunset Park

View All

Location

Loading map...

5718 3rd Avenue, Sunset Park, Kings County • Near 57th Street/58th Street

Floor Plans

Floor Plan 1
Floor Plan 2
Floor Plan 3
Floor Plan 4

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
4
Floors
8
Residential Units
M1-2
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $436,500
Land Value: $8,100
Exemptions: $0

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

Lot Area: 2,950 SF
Building Area: 7,272 SF
Built FAR: 2.47

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 6 bedrooms and 6 full bathrooms.

The listed interior living area is 6,169 square feet. Verify dimensions independently during due diligence.

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

At the current list price of $2,000,000 for 6,169 sq ft, the asking price per square foot is approximately $324. 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: RLS10467726
First Listed: 4/2/2015
Price Changed: 10/18/2016
Closed: 7/19/2018
Contract Date: 4/3/2015

Listing Courtesy of Compass - Eric Heras

Listing Contact: -

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 5/3/2026 at 2:37 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