488 3rd Ave, Brooklyn, NY 11215
Property image
Property image
OFF MARKET

488 3rd Ave
Brooklyn, NY 11215

Gowanus
  • 6 Beds
  • 4 Baths
  • 3,000 sqft

$2,856,400

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $16,323/mo*
Refinance Your Home

$2,856,400

Trulia Estimate
as of Aug 21, 2026
Est. Refi. Payment $16,323/mo*
Refinance Your Home
6 Beds
4 Baths
3,000 sqft

Home Value

Trulia Estimate
$2.86M
Since last month
Increased$64K (+2.3%)
Since last year
Increased$171K (+6.4%)
Since last sale
Increased$474K (+19.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +13% in the last 10 years
MonthEstimated value
2026
August 2026$2.85M
July 2026$2.79M
June 2026$2.75M
May 2026$2.71M
April 2026$2.65M
March 2026$2.68M
February 2026$2.6M
January 2026$2.62M
2025
2024
2023
2022
2021
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
418 4th Ave, Brooklyn, NY
0.21
Multi-Family Home
$3,956,600
05/27/26
5
3.5
2,322
159 Prospect Ave, Brooklyn, NY
0.32
Multi-Family Home
$2,500,000
10/09/25
6
3
1,875
534 4th Ave, Brooklyn, NY
0.24
Multi-Family Home
$1,812,500
09/08/25
3
4
2,700
191 13th St, Brooklyn, NY
0.16
Multi-Family Home
$1,695,000
01/20/26
4
2.5
1,878
491 Court St, Brooklyn, NY
0.51
Multi-Family Home
$2,100,000
02/24/26
5
3
3,275
195 8th St, Brooklyn, NY
0.18
Multi-Family Home
$2,800,000
07/27/26
3
2.5
1,734
565 6th Ave, Brooklyn, NY
0.53
Multi-Family Home
$2,549,000
01/16/26
6
3
3,375
87 16th St, Brooklyn, NY
0.27
Multi-Family Home
$1,600,000
09/11/25
4
1.5
2,000
411 Union St, Brooklyn, NY
0.72
Multi-Family Home
$3,700,000
02/26/26
6
4
3,093

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
486 3rd Ave, Brooklyn, NY 11215
0.00
$3,800,000
19
16
6,480
For Sale
176 10th St, Brooklyn, NY 11215
0.05
$1,495,000
3
2
1,200
For Sale
481 3rd Ave #3F, Brooklyn, NY 11215
0.03
$1,664,800
3
1.5
-
Off Market
162 10th St, Brooklyn, NY 11215
0.06
$1,819,400
2
2
1,600
Off Market
160 10th St, Brooklyn, NY 11215
0.06
$1,200,000
3
3
954
Recently Sold
140 11th St, Brooklyn, NY 11215
0.06
$2,602,600
3
2.5
2,155
Off Market
140 8th St, Brooklyn, NY 11215
0.11
$2,424,700
6
4
3,608
Off Market
149 9th Street, Brooklyn, NY 11215
0.11
$1,817,600
4
2
-
Off Market
194 11th St, Brooklyn, NY 11215
0.07
$2,013,400
4
2
-
Off Market
161 12th St #3B, Brooklyn, NY 11215
0.07
$1,400,000
2
2
996
Recently Sold
161 12th St #PENTHOUSE, Brooklyn, NY 11215
0.07
$2,085,700
3
2
1,644
Off Market
445 3rd Ave #202, Brooklyn, NY 11215
0.11
$637,000
1
1
-
Recently Sold

Local Information

  • Map ViewExplore the area around 488 3rd Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1901
Living Area
3,000 sqft
Price/Sqft
$952

About this House

Gowanus: Luxurious Modern Three-Family Home

This cutting-edge three family townhouse currently configured as a sophisticated owner's duplex plus two high-end two-bedroom floor throughs. Clean lines and state of the art modern finishes make this home a perfect place to live, work, and entertain.

The lower duplex offers a contemporary living/dining room, two exquisite full baths (one en-suite), a main bedroom with built-in closets and storage, and a wonderful chef's kitchen. Downstairs is a spacious rec room/entertaining space and two multi-purpose rooms perfect for an in-home office, closets, guest room, and storage.

The kitchen has stainless appliances, including a 6-burner gas range with a pot-filler faucet, an extra deep farmhouse sink, dishwasher, microwave and large French-door refrigerator. White cabinets and Silastone counters complete this terrific kitchen. The bathrooms are equally stunning with a deep soaking tub, spacious shower, double sinks, dramatic tiles, and dual-flush toilets.

The duplex apartment has all the modern amenities: exposed brick walls, pre-wired and mounts for TVs, built-in Bluetooth sound system, instant hot water system, central air, video doorbell, full-size washer/dryer in unit, hardwood floors throughout. Inside the building is pin-drop quiet and outside is a beautiful two-level backyard for quiet repose or entertaining.

For the price of some of the neighborhood's condos, savvy buyers can own this home and have help paying the mortgage from the two chic rentals. Both two-bedroom rental units have state-of-the-art kitchens and exquisite bathrooms. The apartments have exposed brick walls, central air, stainless appliances including dishwasher and microwave, washer/dryer hookup, and hardwood floors.

Gowanus, known for its artist workshops, restaurants and innovative entrepreneurs mixed with small industries, has the feel of gritty old New York brought into the 21st century. This townhouse is located on a block with Lucey's Lounge, Table 87, Rebecca Shepherd Floral Design, and Gowanus Wine Merchants and near other Third Avenue landmarks such as Hazel Village, Four and Twenty Blackbirds Pie Shop, Fletcher's Barbecue, Michael & Pings, Bar Tano, and Surefish and just one block from the F, G, and R trains.

Due to COVID, only one group is permitted in the building at a time. Contact Gigi for your time slot and wear a mask!
488 3rd Ave, Brooklyn, NY 11215 is a 6 bedroom, 4 bathroom, 3,000 sqft multi-family in Gowanus, built in 1901. It last sold for $2,375,000 on Apr 21, 2022. More recently, it was listed as a rental in February 2016 with an asking price of $3,500 per month. That rental listing was removed on October 14, 2016. It is currently off market. The Trulia Estimate is $2,856,400, with a rent estimate of $5,739/month.

Home Details for 488 3rd Ave

Interior Features

Interior Details
BasementNumber of Rooms: 16Types of Rooms: Dining Room
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Hardwood
Appliances & Utilities
DishwasherDryerWasher
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: OtherGarden

Property Information

Year Built
Year Built: 1901Year Updated: 2010
Property Type / Style
Property Type: Multi FamilyArchitecture: Other

Community

Units in Building: 3

Lot Information

Lot Area: 1440 sqft

Price and Tax history

DateEventPrice
Apr 21, 2022
Source: N/A
Sold
$2,375,000
Feb 8, 2022
Source: StreetEasy
Pending
$2,500,000
Oct 21, 2021
Source: StreetEasy
Listed For Sale
$2,500,000
Oct 14, 2016
Source: Agent Provided
ListingRemoved
$2,495
Sep 6, 2016
Source: N/A
Sold
$2,145,000

Market trends in New York

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$794K
$26.67KMoM
Sale-to-List Price
98.0%
0.1%MoM
Price per sq ft
$679
$26MoM
Available listings
17724
933MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Gowanus
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Gowanus

At least 195 Trulia users voted on each feature.

  • 96 % Say there are sidewalks

  • 95 % Say it's walkable to restaurants

  • 94 % Say it's dog friendly

  • 91 % Say it's walkable to grocery stores

  • 85 % Say people would walk alone at night

  • 79 % Say streets are well-lit

  • 72 % Say kids play outside

  • 60 % Say neighbors are friendly

  • 58 % Say they plan to stay for at least 5 years

  • 57 % Say there's holiday spirit

  • 55 % Say there are community events

  • 42 % Say yards are well-kept

  • 41 % Say it's quiet

  • 29 % Say parking is easy

  • 28 % Say there's wildlife

  • 26 % Say car is needed

Sourced by Trulia users. Learn more about our methodology.
  • Tnicole225
    "There are a lot of parks and many young children in the area. It is a decent area for kids, although it is urban. "
    1
    Flag
  • Trulia User
    "this is a pet friendly area. So many people and businesses enjoy our furry family members and encourage inciting tactics like water bowls outside stores. "
    0
    Flag
  • Steve S.
    " it has the right amount of entertainment, dining, nightlife and family friendly. I never feel unsafe here. I love it. "
    4
    Flag
  • Sarah.statz
    "Good. Sometimes the F train is really packed. Overall it is not too bad generally but when it is bad it’s really bad. "
    3
    Flag
  • Rickfinch33
    "Good public transportation is available - though slow on the N and R lines. Travel to midtown is 45 mins. Can be a bit more on weekends and Late at night "
    3
    Flag
  • Erin.turner
    "This area feels very safe and is extremely well kept. I would enjoy taking kids or my family here to show them around"
    0
    Flag
  • Maeen A.
    "Park slope is very nice place to live , it has great schools nearby easy for the kids to go to, it also has good public park , I always take my son there every Sunday to practice with him soccerball. "
    1
    Flag
  • Jaime.n.stanley
    "This is a happy up and coming area with great train access and new restaurants everyday. I love living here. "
    1
    Flag
  • Kaitlynsnipes
    "I drive around the area, sometimes it can get congested or backed up but it’s usually a decent commute. "
    0
    Flag
  • Haggarty_john
    "Perfect for dogs. People walking their dogs all the time. A few dog parks within a short drive. All of our neighbors have dogs"
    0
    Flag
  • Tnicole225
    "I have lived in this area for the past 7 years and I think it’s pretty cool. Easy walk to shopping, restaurants and subway."
    4
    Flag
  • Melissa p. m.
    "It’s super hip. There are lots of cool spots in the neighborhood- for lots of different groups. Great restaurants and a cool vibe. Shopping is easy and the subways are close by. "
    5
    Flag
  • Mattleaney
    "2 years love it, would like to buy here. Great schools and shops. Court street is great. Park is a bit far but a nice walk. "
    1
    Flag
  • Msjonesnyc
    "Nonstop construction, cutting down of trees for hotels, overcrowded grocery stores, consistently riding rent rates year after year"
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 488 3rd Ave

  • What is 488 3rd Ave estimated to be worth?
    Trulia's estimated value for 488 3rd Ave in Brooklyn, NY is $2,856,400.
  • What is the price history for 488 3rd Ave?
    488 3rd Ave in Brooklyn, NY last sold for $2,375,000 in April 2022.
  • Is Brooklyn a buyer's or seller's market?
    Brooklyn is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Brooklyn?
    The median sale price in Brooklyn is $794K. That is up $26.67K from the prior month.
  • Does 488 3rd Ave have air conditioning?
    Yes, 488 3rd Ave in Brooklyn, NY has air conditioning.
  • Does 488 3rd Ave have laundry facilities?
    Yes, 488 3rd Ave in Brooklyn, NY has in-unit laundry.

Explore by feature - Pet Friendly

10355 pet-friendly rentals in Brooklyn, NY

Explore by feature - Garage

775 rentals with a garage in Brooklyn, NY

Explore by feature - Air Conditioning

8082 rentals with air conditioning in Brooklyn, NY

Explore by feature - Pool

1896 rentals with a pool in Brooklyn, NY

Explore by feature - Washer/dryer

10936 rentals with a washer/dryer in Brooklyn, NY

Explore by feature - Outdoor Space

924 rentals with an outdoor space in Brooklyn, NY

Apartments for Rent

Skip to last item
Skip to first item

Off Market Homes Near 488 3rd Ave

Skip to last item
Skip to first item

Homes for sale near 488 3rd Ave

Skip to last item
Skip to first item
Skip to last item
  • Results are loading
Skip to first item