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Map
486 3RD Street #2
About This Property
Ideally located on 3rd Street, the favorite of many locals for its extra wide sidewalks and proximity to several of the excellent schools that Park Slope is known for. This particular unit is zoned for PS 321, just one block away.
As you ascend just one-flight of stairs and enter the apartment the first thing that strikes you is the beaming sunlight that floods the space through the over-size south facing windows and terrace. You can feel the scale of the main living/dining room and the 10.5 foot ceilings and realize what a difference a 22 foot wide building makes. This unit takes the entire second floor and offers over 1000 SF of living space, plus a balcony.
The open chef's kitchen features SS appliances, custom tile backsplash, and dramatic dark stone countertops wide enough for barstools.
The primary bedroom is large with north facing windows and has a walk-in closet. The second bedroom easily accommodates a queen size bed and has two closets. There is a washer & dryer in the unit and basement storage as well.
The five-unit condo is self-managed, with a part time super which keeps monthly common charges low. Only $371.45 for this unit.
Come experience the best of Park Slope living.
All showings by appointment and require at least 24 hours notice.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/07/2026
|
2 Bed
|
1 Bath
|
1029 ft²
|
$1,675,000
2 Bed
1 Bath
1029 ft²
|
$1,637,500
-2.24%
03/10/2026
|
Brian Meier
Corcoran Group
| |
|
07/25/2018
|
2 Bed
|
2 Bath
|
1446 ft²
|
$1,699,000
2 Bed
2 Bath
1446 ft²
|
$1,699,000
11/21/2018
|
Matt Holbein
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017