$4,225,000 $4,575,000
Updated 6 years ago
Off Market

522 3rd Street

Park Slope, Brooklyn | 7th Ave & 8th Ave

8 Rooms4 Beds3.5 Baths4,816 Square FeetSingle Family

$4,225,000 $4,575,000
floors / apts3 / 1
Lot Size25'x95'
Built Size21'x45'
ZoneR6B
Building TypeHouse
RE Taxes$17,688
Price Per SF
$877

Outdoor space and views

  • Terrace

Building Amenities

  • Driveway
  • Garage

Property Description for 522 3rd Street

NEW PRICE! Make An OFFER!! On one of the most coveted blocks in all of Park Slope, you will find 522 3rd Street. This brick single-family plus medical office offers the best of both spacious living and a high income-producing property. Endless opportunities to renovate and expand too!!! Another outstanding feature of this listing is the shared driveway and a private parking garage in the back of the building. Upon entering the owners' duplex you will find over 2,000sqft of stunning woodwork, parquet flooring, pocket doors, graciously sized rooms, ample closet space, a large kitchen, and a private terrace. This northern Park Slope beauty is steps from 7th Avenue and Prospect Park. The approximate future rental opportunity for the duplex is $8,000-$8,500 and the 10-year lease on the Medical space collects $90,000+ year-over-year. Located within the Park Slope Historic District, this property was built in 1930 and the lot size is 25 X 95. In addition, Park Slope's main commercial strips on Fifth and Seventh avenues offer a multitude of restaurants, coffee shops and boutiques with nearby access to the B, Q, F, G, 1, 2, 3, N and R trains.

Listing History for 522 3rd Street

Now
10/16/2020
$4,225,000 [-$350,000] [7.7%]
Price Drop by Victoria M. Bongiovi
Compass
05/18/2020
$4,575,000 [-$225,000] [4.7%]
Price Drop by Victoria M. Bongiovi
Compass

Building Details for 522 3rd Street

OwnershipSingle Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts3/1
Learn More About the Building

Transit and Citi Bike

Subway

7 Av
0.29 miles

Citi Bike

3 St & 7 Ave
0.03 miles
6 St & 7 Ave
0.14 miles

Contact Agent

Contact Agent

Park Slope | Brooklyn

Quick Profile

Boasting beautiful tree-lined streets, brownstones and a range of activities for all age groups, Park Slope is consistently ranked as one of New York’s most desirable neighborhoods. Filled with lush parks and greenery, the neighborhood is also known for its rare combination of excellent public schools, award-winning restaurants, nightlife, small independently owned businesses and community gardens.

Situated at the western slope of Prospect Park, the neighborhood is divided into different sections: North Slope, Center Slope and South Slope. Depending on who you ask, of course, the definitions of where these borders end and begin may vary (is the divide between North and Center deemed Union Street, Garfield Place, 1st Street or 3rd Street? The one between Center and South 6th Street, 9th Street, 11th Street or 15th Street?). 

Regardless of what part of the Slope you find yourself on, there’s no shortage of architectural beauty. From row houses to brownstones to mansions, the idyllic setting of the neighborhood is further enhanced by its Romanesque and Renaissance Revival styles. Case in point of this is also two of the area’s most well-known churches, Park Slope United Methodist Church and Saint Augustine Roman Catholic Church. 

Revered for its family-friendly appeal, Park Slope is often regarded as one of the best places to raise a family in New York City. That said, it doesn’t mean that parents don’t know how to have a good time... a slew of bars constantly opening in the neighborhood ranging from the high-end cocktail saloon to the dive (well, by Park Slope standards, anyway). 

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.
OLR ID: 78224TH