The Homage On 3rd

The Homage On 3rd is a condo located 497 3rd Street, in Central Slope, Brooklyn. The building was first built in 1921 and is 105 years old. It was first renovated and altered in 2016. 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, 497 3rd Street has a total floor area of 6,685 square feet. Of that, 6,297 square feet are used for residential purposes. About 388 square feet of the building are used for commercial purposes. There are a total of 5 units. Of those, 4 are residential units. There are 1 commercial units. 497 3rd Street has a total of 6 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. You can expect to be greeted by a doorman on a daily basis. The same doorman will make sure that your packages are delivered properly and secure! Residents who own pets will be happy to hear that the building is pet-friendly. There are 5 closings on record, of which we have matching data for 1 listings. In the past 3 years, a listing in this building will typically remain on the market for about 193 days Meaning, listings tend to sell at a median of $1,686 price per square foot. The transaction that took the longest to complete was unit 4, listed on Sep 20, 2021 for $1,925,000. This particular unit ultimately sold 193 days later for $1,875,000. The most recent transaction was for unit 4, which was first advertised on Sep 20, 2021, sold for $1,875,000 on Apr 01, 2022. Fun fact, the oldest transaction we have on record took place on Aug 10, 1984. See the full transaction history for The Homage On 3rd below.

Central Slope, where 497 3rd Street is located, has a median asking price of $1,600,000 for condo buildings. Meanwhile, the building itself has a median asking price of $1,925,000. For interested buyers, that means the building's median asking price is around 1.14% above the neighborhood's median asking price for condos. A buyer may therefore end up paying more for a unit in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $2,995,000. It is a 1,890 sqft 3-bedroom and 3-bathroom unit.