$4,800,000
Updated 3 years ago
Off Market

407 3rd Street

Park Slope, Brooklyn | 5th Ave & 6th Ave

16 Rooms10 Beds4 Baths5,353 Square FeetMulti-Family

$4,800,000
floors / apts4 / 4
Lot Size21'x95'
Built Size21'x62'
ZoneR6B
Building TypeTownhouse
RE Taxes$14,868
Price Per SF
$897

Property Description for 407 3rd Street

Multi-family townhouse in the heart of Park Slope. Expansive brownstone offers a total of 4 individual apartments with a projected cap rate of 5.8%. Building size is 21.58 x 62 making this building ideal for the savvy investor. Delivered vacant the building is a blank canvas to create the home or investment property you desire. Showing by appointment only. Please email for set up. Don't miss the opportunity to own this remarkable multi-family townhouse with immense potential. Whether you're looking for a spacious residence or an investment opportunity, this property offers endless possibilities. PS 321.

Listing History for 407 3rd Street

Now
01/12/2024
TOM by Maxine Resnick
Compass
2024

Building Details for 407 3rd Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1921
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

Union St
0.36 miles
4 Av-9 St
0.36 miles
7 Av
0.42 miles

Citi Bike

1 St & 6 Ave
0.1 miles
5 Ave & 3 St
0.11 miles

Contact Agents

Contact Agents

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: 93668TH