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$3,750,000
● House - In Contract

585 3rd Street

Brooklyn, NY 11215
bedrooms
6 Beds
bathrooms
2 Baths
square feet
3,840 Ft²
$19,757
Est. Monthly
2.52%
Cap Rate

About This Property

Located on one of Park Slope's most sought-after landmarked tree lined blocks, 585 3rd St is a treasure with truly limitless potential!  

This single-family home is a rare opportunity for those with vision. This estate condition home is ready for a full transformation a true gut-renovation opportunity for buyers who want to create something extraordinary. The extra-wide, picturesque block sets the stage for your dream townhouse. Bring your contractor or architect and imagine the possibilities within this charming structure, rich with original details waiting to be reimagined and revived.

With three generous floors plus an English basement, along with front and back garden spaces, the property provides an exceptional blank canvas. Envision designing 4-6 bedrooms, crafting a gourmet kitchen in the rear parlor beneath soaring ceilings, and adding a back deck with stairs leading to the serene garden. The adjacent formal dining room and expansive living room offer beautiful proportions for entertaining. The English basement, with its separate entrance, provides flexibility for a home office, gym, playroom, or additional living area.

This is your chance to shape the perfect Park Slope retreat. The prime location, just minutes from Prospect Park, the Grand Army Plaza Greenmarket, 7th Avenue's shops and restaurants, subway access to F, G, 2, 3, 4 and so much more.
Unit Size
3,840 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$977
Property Type
House
Property Taxes
$1,343
HOA Dues
-
Year Built
1911

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Cap Rate Calculator

Last updated: 5 months ago (RLS #RLS20061119)

Price History

Date / Event Date Event Price
Nov 21, 2025 Listed by Compass $3,750,000
Listed by Compass

Property Highlights

Elevator
Interior Details
Full Bathrooms: 2
Laundry Features: See Remarks, CommonOnFloor
Rooms: 11
Basement: Full
Exterior Details
Square Footage: 3840
Year Built: 1901
Building Area Total: 3840
Building Area Units: Square Feet
Lot Size Area: 1726
Lot Size Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1726
Lot Size Dimensions: 1726 x 1
Tax Lot: 0068
Financial Details
Tax Annual Amount: $16,116
Location Details
HOA Fee Frequency: Monthly

Building Info

Overview

    General

  • Year Built: 1911
  • Building Count: 1
  • Floor Count: 3
  • Total Unit Count: 1
  • Residential Unit Count: 1
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 1,726
  • Lot Size Depth Feet: 95
  • Lot Size Frontage Feet: 18
  • Building Depth: 49
  • Building Frontage: 18
  • Gross Building Area: 3,840

    Building Floor Area

  • Residential Building Floor Area: 2,784

    Floor Area Ratio

  • Built Floor Area Ratio: 2
  • Residential Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 3

Building

  • Building Type: A4
  • Lot Type: 5
  • Land Use: 01
  • Irregular Lot Code: N
  • Proximity Code: 3
  • Extension Code: N

Neighborhood

  • Community District: 306
  • City Council District: 39
  • Historic District Name: Park Slope Historic District
  • Police Precinct: 78
  • Fire Company: Q001
  • Health Area: 4500
  • Sanitation District Borough: 3
  • Sanitation Subsection: 4E
  • School District: 15

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7B

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 1079
  • Lot: 68
  • Borough Block Lot: 3010790068

    Address

  • Full Address: 585 3 Street
  • Zip Code: 11215

Valuation

    Assessments Valuation

  • Assessed Total Value: $277,380
  • Assessed Land Value: $41,100

    Exemptions

  • Exempt Total Value: $0
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Brooklyn


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Frequently Asked Questions

When was property at 585 3rd Street built and last sold?
The property at 585 3rd Street was built in 1911 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 585 3rd Street is $3,787,500.
What are some comparable homes to 585 3rd Street?
There are currently no comparable homes to 585 3rd Street.