488 Third Street, #5A

co-op in Park Slope, Listed on Mar 19, 2025 (33 days on market)

$599,000

1 bed, 1 bath

Overview
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Floorplan
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Price History
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488 Third Street, #5A

co-op in Park Slope, Listed on Mar 19, 2025 (33 days on market)

$599,000

1 bed, 1 bath

488 Third Street, #5A

$599,000 | 1 bed, 1 bath

co-op in Park Slope, Listed on Mar 19, 2025 (33 days on market)

Tucked away on a tree-lined block, this beautiful one-bedroom blends historic charm with modern style. Perched on the top floor of a five-story walk-up, the home is bathed in natural light, offering open-sky views and a warm, inviting atmosphere. High ceilings, elegant molding, and an open-concept layout make for seamless living. The kitchen is both practical and stylish, featuring sleek stone counters, contemporary cabinetry, an oversized pantry, and high-end appliances.

The living area flows effortlessly, with designated living and dining spaces that create a comfortable and welcoming retreat. The bedroom easily accommodates a king-size bed and includes a generous reach-in closet, with ample space for a desk or additional storage. This intimate, self-managed co-op consists of just ten residences, fostering a sense of community. With a part-time super and low monthly costs, it offers an excellent investment in one of Brooklyn’s most sought-after neighborhoods.

Residents enjoy private storage, bike parking, and laundry in the basement. Set in one of Brooklyn’s most coveted neighborhoods, this home is just minutes from Prospect Park and surrounded by popular cafes, markets, and restaurants along 5th and 7th Avenues. Commuting is effortless with multiple train lines nearby, including the F, G, B, Q, 2, and 3, providing easy connections to Manhattan and beyond. Move right in and experience the best of Park Slope living! Flip tax payable: 1%. 80% financing allowed.

Key Features

High Ceilings
Pets allowed
Premium Appliances
Light & Bright
Cooperative
City View

Monthly Maintenance &
Estimated Mortgage

Monthly Maintenance

$567

Estimated Mortgage

$3,175

Note: the above is only an estimate and is based on a down payment of 20% ($119,800) and a 30 year fixed mortgage at 6.96%.

Total Estimated
Monthly Cost

$3,742

Nearby Subways

F

at 7th Ave and 9th 0.31 miles

R
G

at 4th Ave 0.47 miles

Nearby Schools

Ps 321 William Penn
Grades: KG,1,2,3,4,5
John Jay School for Law
Grades: 9,10,11,12,UG
Millennium Brooklyn High School
Grades: 9,10,11,12
Park Slope Collegiate
Grades: 6,7,8,9,10,11,12
Cyberarts Studio Academy
Grades: 9,10,11,12,UG

Data courtesy of GreatSchools.org

Berkeley Carroll Elementary School
Grades: PK,TK,KG,1,2,3,4,5,6,7,8,9,10,11,12
Congregation Beth Elohim Ecc
Grades: PK,KG
Saint Saviour Catholic Academy
Grades: PK,KG,1,2,3,4,5,6,7,8
St Saviour High School
Grades: 9,10,11,12
St Francis Xavier School
Grades: PK,TK,KG,1,2,3,4,5,6,7,8

Data courtesy of GreatSchools.org

Listing History

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Mar 19, 2025

Listed for $599,000 by Jeremy Stein, Sothebys Intl Realty

About 488 Third Street

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Listing courtesy of Sothebys International Realty

RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2023 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

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RLS IDX Data display by CityRealty.com, LLC. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.

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