487 3rd Street

487 3rd Street is a Co-op located in Central Slope, Brooklyn. The building was first built in 1921 and is 103 years old. The lot that the building was built on is 22 feet wide and 90 feet long. The official lot area is listed as 1,980 square feet. The building itself is 22 feet wide and 45 feet long. In total, 487 3rd Street has a total floor area of 3,960 square feet. Of that, 3,960 square feet are used for residential purposes. There are a total of 4 units. Of those, 4 are residential units. 487 3rd Street has a total of 4 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. For your convenience, laundry is located in the building. Residents who own pets will be happy to hear that the building is pet-friendly. Only cats are allowed in the building. There are 11 closings on record, of which we have matching data for 4 listings. In the past 3 years, a listing in this building will typically remain on the market for about 114 days Meaning, listings tend to sell at a median of $1,132 price per square foot. The transaction that took the longest to complete was unit 1, listed on Aug 21, 2020 for $1,150,000. This particular unit ultimately sold 131 days later for $1,100,000. The most recent transaction was for unit 1, which was first advertised on Aug 21, 2020, sold for $1,100,000 on Dec 30, 2020. Fun fact, the oldest transaction we have on record took place on Feb 15, 1977. See the full transaction history for 487 3rd Street below.

Central Slope, where 487 3rd Street is located, has a median asking price of $850,000 for co-op buildings. Meanwhile, the building itself has a median asking price of $1,017,500. For interested buyers, that means the building's median asking price is around 0.20% above the neighborhood's median asking price for co-ops. A buyer may therefore end up paying more for a unit in this building compared to other co-op buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.