522 3rd Street

Park Slope   |   7th Avenue & 8th Avenue

Price Drop
Building for sale
$ 4,225,000 [ 7.65% | $ 350,000 ]
Ownership Single Family
Lot Size 25'x95'
Floors/Apts 3/1
Status Active
Real Estate Taxes [Per Annum] $ 17,688
Building Type House
Building Size 21'x45'
Year Built 1930
ASF/ASM 4,816/447
Listing ID: 78224TH

Property Description

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.
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 Courtesy of Compass

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Apartment Features

A/C

Outdoor

Terrace
522 3rd Street Park Slope Brooklyn NY 11215

Building Details [522 3rd Street]

Ownership Single Family
Service Level None
Access Walk-up
Block/Lot 1080/14
Building Size 21'x45'
Zoning R6B
Building Type House
Year Built 1930
Floors/Apts 3/1
Lot Size 25'x95'

Building Amenities

Driveway
Garage

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


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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.