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Off market
  • $2,747,400

    488 3rd Ave, Brooklyn, NY 11215

    6beds
    3,000sqft
    MultiFamily
    Built in 1901
    -- sqft lot
    $2,747,400 Zestimate®
    $916/sqft
    $4,832 Estimated rent

    Home value

    $2,747,400

    $2.50M - $3.02M

    $4,832/mo

    Zestimate® history
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    Owner options

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    $4,832/mo

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    $4,832/mo

    Rent Zestimate®

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    $16,322/mo

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    $16,322/mo

    Est. payment

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    What's special

    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!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Features
    • Flooring: Tile, Hardwood
    • Basement: Finished
    Interior area
    • Total interior livable area: 3,000 sqft

    Property

    Lot
    • Size: 1,440 sqft
    Details
    • Parcel number: 010140050

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1901

    Community & neighborhood

    Location
    • Region: Brooklyn

    Other

    Other facts
    • Living room
    • Stainless steel appliances

    Price history

    DateEventPrice
    4/21/2022Sold$2,375,000-5%$792/sqft
    Source: Public Record Report a problem
    2/8/2022Pending sale$2,500,000$833/sqft
    Source: StreetEasy Report a problem
    10/21/2021Listed for sale$2,500,000+16.6%$833/sqft
    Source: StreetEasy Report a problem
    10/14/2016Listing removed$2,495-28.7%$1/sqft
    Source: Citi Nest Group Report a problem
    9/6/2016Sold$2,145,000-2.3%$715/sqft
    Source: Public Record Report a problem
    8/31/2016Listed for sale$2,195,000$732/sqft
    Source: Corcoran #3650962 Report a problem
    6/2/2016Pending sale$2,195,000$732/sqft
    Source: Corcoran #3650962 Report a problem
    5/5/2016Price change$2,195,000-12%$732/sqft
    Source: Corcoran #3650962 Report a problem
    3/10/2016Listed for sale$2,495,000-14%$832/sqft
    Source: Corcoran #3650962 Report a problem
    3/3/2016Listing removed$3,500$1/sqft
    Source: Owner Report a problem
    2/2/2016Listed for rent$3,500+46.1%$1/sqft
    Source: Owner Report a problem
    12/26/2015Listing removed$2,900,000$967/sqft
    Source: HOME LINE REALTY Report a problem
    8/4/2015Listed for sale$2,900,000+222.2%$967/sqft
    Source: Owner Report a problem
    4/7/2015Sold$900,000-9.9%$300/sqft
    Source: Public Record Report a problem
    7/21/2014Listed for sale$999,000+258.1%$333/sqft
    Source: Luxury Properties Realty #2691953 Report a problem
    6/20/2014Listing removed$2,395$1/sqft
    Source: Peter Guirguess Report a problem
    4/14/2014Sold$279,000-20.1%$93/sqft
    Source: Public Record Report a problem
    2/12/2014Price change$2,395+152.1%$1/sqft
    Source: Peter Guirguess Report a problem
    1/29/2014Price change$950-60.3%
    Source: Zillow Rental Network Report a problem
    8/31/2013Listed for rent$2,395$1/sqft
    Source: Peter Guirguess Report a problem
    2/15/2013Listing removed$349,000$116/sqft
    Source: Luxury Properties Realty #2554085 Report a problem
    1/29/2013Listed for sale$349,000+871.8%$116/sqft
    Source: Luxury Properties Realty #2554085 Report a problem
    8/11/2005Sold$35,911-94.4%$12/sqft
    Source: Public Record Report a problem
    6/17/2003Sold$637,000$212/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,672 +3.8%$140,220 +22.8%
    2024$6,430 $114,180 -11.4%
    2023-- $128,940 +22.2%
    2022-- $105,540 -8.8%
    2021-- $115,740 -9%
    2020$5,931 +0.7%$127,200 -9.6%
    2019$5,892 +68.2%$140,700 +740.1%
    2018$3,504 +8.6%$16,748 +5.8%
    2017$3,226 +8.1%$15,823 +6%
    2016$2,984 $14,929
    2015$2,984 +65.8%$14,929 +1%
    2014$1,800 $14,778 +5.9%
    2013-- $13,957 +5.8%
    2012-- $13,186 +6%
    2011-- $12,441
    2010-- $12,441 +1%
    2009-- $12,315 +5.9%
    2008-- $11,631 +5.8%
    2007-- $10,989 +6%
    2006-- $10,368
    2005-- $10,368 +1%
    2004-- $10,263 +5.9%
    2003-- $9,693 +5.8%
    2002-- $9,158 +6%
    2001-- $8,640
    2000-- $8,640

    Find assessor info on the county website

    Neighborhood: Gowanus

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Community District 18

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.