524 3rd Street stands as a Neo-Italian Renaissance townhouse envisioned by the renowned Brooklyn architect Axel Hedman in 1909. Nestled on one of Park Slope's most coveted tree-lined streets, this impressive residence serves as a gateway to Prospect Park. Encompassing a generous 4,000 square feet, this captivating 18.25-wide home spans four stories and is currently arranged as an upper triplex with a separate entry on the garden level. Beyond the gracious and private forecourt, a grand stoop entry leads to the expansive triple parlor floor of the owner's unit. Adorned with period details, lofty ceiling heights, and a striking fireplace, this floor becomes an ideal space for entertaining. A living room, dining room, and spacious chef's kitchen contribute to a welcoming and gracious layout. A rear terrace adjacent to the kitchen provides a perfect setting for al fresco dining. The upper triplex comprises four sizable bedrooms with two renovated bathrooms, strategically placed on each floor. The top floor also hosts a small office. Recent upgrades such as Mitsubishi split units throughout are a welcome amenity. The professional space on the lower level offers versatile options, serving as an additional income source, a gracious guest suite, or the potential to seamlessly integrate into the upper triplex, forming a stunning single-family home. 524 3rd Street is mere minutes away from Prospect Park, the historic Grand Army Plaza, and the Union Street and 7th Avenue subway stations, ensuring convenient access to all of Brooklyn and Manhattan. Furthermore, the charming boutique shops, cafes, and restaurants along 5th and 7th Avenues are just steps away. This home presents unparalleled value and convenience in the heart of prime Park Slope.
Property Details
Property Features
Property Information:
Year Built: 1901
Living Area: 3,720 SqFt
Listing Office:
Office Name: Serhant LLC
Office Phone: (646) 480-7665
Listing Agent: Abigail Palanca
Agent Phone: (718) 938-7308
Interior Features
Interior Information:
Basement: No
Bedroom and Bathroom Information:
Full Bathrooms: 5
Total Bedroom Count: 5
Exterior Features
Exterior Information:
View: Other
Price Information
Listing Price Info
Price Summary:
List Price: $4,999,000
Price Per SqFt: $1,344/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe 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. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 5/6/2024, 8:20:34 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$25K
Per Month
Principal & Interest
$24.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$15K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
10
/10
PS 321 William Penn
180 7th Ave
Distance between this listing and this school0.12 miles
Public District Grades KG-5
10
/10
PS 39 Henry Bristow
417 6th Ave
Distance between this listing and this school0.27 miles
Public District Grades PK-5
7
/10
PS 107 John W Kimball
1301 8th Ave
Distance between this listing and this school0.51 miles
Public District Grades KG-5
Nearby Schools
7
/10
Middle School 51 William Alexander
350 5th Ave
Distance between this listing and this school0.38 miles
Public District Grades 6-8
7
/10
PS 282 Park Slope
180 6th Ave
Distance between this listing and this school0.46 miles
Public District Grades PK-8
7
/10
Middle School 266 Park Place Community Middle School
62 Park Pl
Distance between this listing and this school0.61 miles
Public District Grades 6-8
Nearby Schools
2
/10
Park Slope Collegiate
237 7th Ave
Distance between this listing and this school0.06 miles
Public District Grades 6-12
10
/10
Millennium Brooklyn High School
237 7th Ave
Distance between this listing and this school0.06 miles
Public District Grades 9-11
2
/10
Secondary School For Journalism
237 7th Ave
Distance between this listing and this school0.06 miles
The neighbors living near this home have an average income of $117,647. Typical income of New York, NY residents is between $100k-200k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 524 3rd St
What is the listing price of this property?
The listing price of 524 3rd St property is $4,999,000.
What type of property is this?
The property 524 3rd St is a townhouse located in New York City, New York, 11215.
Is this property for sale now?
Active Listing: 524 3rd St is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 524 3rd St has 5 bedrooms and 5 bathrooms.
What is the square footage of this property?
The property 524 3rd St is 3,720 SqFt (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 524 3rd St in New York City, NY and zip code 11215 in the South Brooklyn neighborhood. This 3,720 square foot home was built in 1901. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since January 16, 2024 and is currently priced at $4,999,000.
While more than 168 listings in New York, NY in April 2024 were sold above asking price, there were more than 758 listings sold at asking price, and more than 748 were sold below. The inventory of homes for sale in New York, NY between March 2024 and April 2024 increased by 3.8%. While the average time on the market in April 2024 was 96 days, the median list price was $849,191.
From Rocket Homes Real Estate and based on county public records data.
©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services. 
Art Museums
Art Museums
Music Concerts
Hiking/backpacking
Bloomingdales
H&M
Nordstrom Rack
Starbucks
Chipotle
Boston Market
Audi
Volkswagen
Mercedes
News
Rhythmic Contemporary Hits