$2,195,000

Est. Mortgage:

$9,395 / mo

Pending

488 3rd Ave Brooklyn, NY 11215 (Gowanus)

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  • Townhome
  • 7 Bedrooms
  • 5 full, 1 partial Bathrooms
  • Lot size: 1,440 sqft
  • Built in 1901
  • 168 Days on Trulia

Home Details for 488 3rd Ave


4,935 views
If you've been looking for an investment property that also allows you to live in your own luxurious owner's duplex than 488 3rd Avenue is your next home. This recently renovated townhome has two 2 bedroom rental units and an owner's duplex with 3 bedrooms-2.5 baths and all have hardwood floors, lots of natural light, and an open floor plan layout for the living room-kitchen with street facing views, stainless steel appliances, modern finishes, recessed lighting, and exposed brick. The owner's duplex has a private entrance that leads to a modern parlor with a fireplace and a pass throug...h that reveals a spacious gourmet kitchen with deep prep sink, stainless steel appliances, and marble countertops. The full sized gas range and oven even has an extendable spigot to fill pots easily. The same herringbone style wood floors run throughout the property as well as exposed brick accents. The master suite is immense with sun streaming through the windows and an over-the-top bathroom with white subway tiles, a steam shower with rainfall shower heads, and a double sink vanity with custom storage. Each unit has its own laundry hook ups and instant hot water tanks rather than a conventional water heater, new HVAC systems--plus they have smart home technology installed making heating, cooling and lights as easy as a tap of an app. The massive master bedrooms have backyard views and Queen sized second bedrooms with plenty of closet space for the modern Brooklynite. The incredible bathrooms have deep soaking tubs and sinks, spotless designer tilework, and custom cabinetry. The entire renovated townhome has a state of the art sound system wired throughout the units. The bricked backyard area features room for yoga, a grill, a table for al fresco dining, or even an urban herb garden. This 3,000 sq. ft. townhome was built in 1931 and is around the corner from the F and G 4th Ave. stop and a few blocks away from the 9th St. R stop with Fairway, Ikea, and Lowe's nearby. Award winning restaurants and shops lining Smith Street and Fifth Avenue's Restaurant Row are also nearby. With the recent condo projects across the street and around the corner, savvy buyers can get this three family property for the same price as a penthouse in one of the newer developments AND make money to pay for a mortgage making this townhome a must see for anyone looking to call a prime property in Brooklyn home!
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Schools
Elementary School
Average

Middle School
Average

High School
Below Average
Lowest
Crime
Listing Info for 488 3rd Ave

Information last updated on 07/06/2016 12:00 AM:
    • Price: $2,195,000
    • 7 Bedrooms
    • 5 full, 1 partial Bathrooms
    • Townhouse
    • Status: Pending
    • Lot Size: 1,440 sqft
    • Built in 1901
    • Rooms: 16
    • Units in Building: 3
    • Neighborhood: Gowanus
    • MLS/Source ID: 3650962
    • Zip: 11215
    • Garden

Public Records for 488 3rd Ave


Official property, sales, and tax information from county (public) records as of 12/2015:
    • Triplex (3 units, any combination)
    • Built In 1901
    • 1 Building
    • 1,950 sqft
    • Stories: 2 story
    • County: Kings
    • Lot Size: 1,440 sqft
    • 3 Units
488 3rd Avenue, Brooklyn NY
488 3rd Ave
$2,195,000
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Affordability


Monthly mortgage for 488 3rd Ave

Home Expenses For 488 3rd Ave


Price History & Trends


Price History for 488 3rd Ave


Date Event Price Source Agents
05/06/2016 Price Change
-$300K (-12.0%)
$2,195,000 The Corcoran Group The Corcoran Group  
03/11/2016 Price Change $2,495,000 The Corcoran Group The Corcoran Group  
04/07/2015 Sold view detail $900,000 Public records Public records  
  • Recording Date
    04/07/2015
  • Contract Date
    03/26/2015
  • Sale Price
    $900,000
  • Price Type
    Full amount stated on Document.
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed
04/14/2014 Sold view detail $279,000 Public records Public records  
  • Recording Date
    04/14/2014
  • Contract Date
    09/30/2013
  • Sale Price
    $279,000
  • Price Type
    Full amount stated on Document.
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed
08/11/2005 Sold view detail $35,911 Public records Public records  
  • Recording Date
    08/11/2005
  • Contract Date
    07/06/2005
  • Sale Price
    $35,911
  • Price Type
    Full amount stated on Document.
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed
06/17/2003 Sold view detail $637,000 Public records Public records  
  • Recording Date
    06/17/2003
  • Contract Date
    04/30/2003
  • Sale Price
    $637,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $2,548
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed

Compare homes in the area to 488 3rd Ave

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$2,195,000
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Real Estate Trends in Gowanus


Listing price for 488 3rd Ave $2,195,000  
Average listing price for all homes in Gowanus $1,265,714 73% below listing price
Median sale price for all homes in Gowanus $985,000 55% below listing price

Contact Info

Agent
(718) 765-3760
 (0)
Broker
The Corcoran Group
145 Montague Street, Brooklyn, NY, 11201
(800) 544-4055
 
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Listing Provided by

Mark Martov, The Corcoran Group, (800) 544-4055

Agent Phone: (718) 765-3760