Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
509 3rd Street
Interested in this property?
Active For Sale Multi Family

$4,500,000

509 3rd Street

Park Slope, Brooklyn

MLS® #RLS20098295

RLS at REBNY

Listing by Compass

4

Bedrooms

2

Baths

N/A

Sq. Ft.

1899

Year Built

Quick Summary

Bedrooms 4
Bathrooms 2
Lot Size 1,530 sq ft
Year Built 1899
Ownership None
Property Taxes $11,112/yr
Neighborhood Park Slope
Floor 1 of 4

Property Highlights

  • Views: Garden, Neighborhood
  • Exposure: South facing
  • Fireplace: 1 fireplace

Property Details

Type Multi Family
Ownership None
Total Rooms 12
Baths 2 Full
Floor 1 of 4
View Garden, Neighborhood
Exposure South
Heating Forced Air
Pets Yes
Year Built 1899
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Lot Size 1,530 sq ft
Parcel # 01078-0072
Block/Lot 01078/0072

Listing History

Event Date Price Change
Listed Jun 25, 2026 $4,500,000 -
Currently Jun 25, 2026 $4,500,000 -

Description

Set on one of Park Slope’s most coveted, tree-lined blocks, this extraordinary historic brownstone at 509 3rd Street embodies the timeless elegance and architectural grandeur that define Brownstone Brooklyn. Built in 1899, this distinguished two-family residence—currently configured as an expansive single-family home—seamlessly blends original period craftsmanship with the warmth and scale of classic townhouse living. Located in the heart of Center Slope, the property offers a premier location squarely positioned within the highly coveted P.S. 321 elementary school attendance zone. Ascend the stately stone stoop and enter into a world of timeless Brooklyn elegance, where the home's stunning allure and classic woodwork details immediately captivate. The grand entryway unfolds into an impressive parlor sequence defined by soaring ceilings, graceful proportions, and an abundance of natural light pouring through oversized windows. Rich original crown moldings frame each space with sophistication, while exquisite cherry and oak millwork showcases the unparalleled artistry of a bygone era. Gleaming original hardwood floors run continuously throughout, anchoring the home with warmth, character, and an unmistakable sense of historical authenticity. Designed for both grand-scale entertaining and comfortable daily living, the residence features a highly practical layout where each of the upper bedrooms is beautifully and nicely sized, offering rare comfort, excellent closet potential, and grand proportions. Every floor presents a versatile canvas, whether envisioned as a trophy single-family masterpiece, an owner’s triplex paired with an income-producing rental, or a multi-generational residence. For those looking to maximize the property's footprint, the estate includes approximately 1,489 square feet of unused FAR, offering lucrative potential for a seamless vertical or rear expansion. The broader stretch of 3rd Street where the house sits is itself historically notable. Historians and architectural writers frequently describe the blocks between 7th Avenue and Prospect Park West as among Park Slope’s grandest residential streets because of their unusual width, mature trees, and intact late-Victorian row houses. Architecturally, 509 3rd Street is tied to a larger 1892–93 development associated with the nearby apartment building known as “The Annandale Apartments” at 203 7th Avenue, designed by architect Lewis Anderson. Preservation historians note that while the development originally included four brownstones on 3rd Street, 509 3rd Street is the only one of those original houses included within the Park Slope Historic District today. This makes the building a proud, singular part of the Romanesque Revival wave that transformed Park Slope after the opening of Prospect Park. A true testament to its meticulous stewardship, the lucky next owner of this property will be only the fourth owner to live here in over a century. Outside your door, original brownstone charm pairs effortlessly with the enduring appeal of Park Slope’s landmarked streetscape. Residents will enjoy immediate access to the neighborhood's finest boutique shopping, cafes, and culinary institutions, including Vato, Il Leone, Sotto Voce, Bar Louise, Pino's Famous Pizzeria, Sushi Katsuei, and Variety Coffee Rosters. You are positioned just two blocks from the rolling lawns of Prospect Park and moments away from JJ Byrne Park and its vibrant weekend farmers market. Ideally situated for an effortless commute, the home is exceptionally close to the F train at 7th Ave, the Q and B at Flatbush, the 2/3 at Grand Army Plaza, and the N/R at 9th Street and Union Street stations. Don't miss this rare opportunity to acquire a pristine piece of historic New York City real estate on a benchmark Park Slope block. Call, email, or text to schedule your private showing.

Features & Amenities

Interior Features

Chandelier Crown Molding High Ceilings Common On Floor See Remarks Flooring: Hardwood Skylights Fireplace (1)

Exterior Features

Building Garden Private Entrance Private Outdoor Space Over60 Sqft Private Yard

Appliances

Dryer Washer

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 4
Structure MultiFamily

Financial Details

RE Taxes $11,112/yr ($926/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

117

Median Asking Price

$1.90M

Median $/Sqft

$1,415

Avg Days on Market

N/A

New This Week

6

Price Reduced

23%

Sold (30 Days)

33

Median Sale Price

$2.17M

Live data from RLS at REBNY • Updated 6/25/26, 2:48 PM EST

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Location

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509 3rd 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
2
Residential Units
R6A
Zoning District
Two Family Dwellings Historic District: Park Slope Historic District

Tax & Assessment

Assessed Value: $240,900
Land Value: $38,220
Exemptions: $0

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

Lot Area: 1,530 SF
Building Area: 3,128 SF
Built FAR: 2.04
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 the listing broker before making an offer.

The current listed annual property tax is $11,112, or roughly $926 per month. Verify the current assessment with your attorney before closing.

This property has 4 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1899, making it approximately 127 years old.

This listing is None

Pet policy requires confirmation with the listing broker.

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: RLS20098295
First Listed: 6/17/2026
On Market: 6/25/2026
Price Changed: 6/17/2026
Contract Date: 6/1/2026

Listing Courtesy of Compass - MATTHEW KIRBY-SMITH

Listing Contact: (718) 689-2018

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 6/25/2026 at 6:48 PM UTC

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