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In Contract

557 10th Street

$2,995,000 ($808 per ft2) | 6+ beds, 3 baths | Approx. 3,705 ft2
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43 days on Market

Key Details

  • Listed: Apr 3, 2024
    Days on Market: 43
    Building Type: Cooperative
    Neighborhood: Park Slope (Brooklyn)
Monthly Real Estate Taxes: $815
Est. Monthly Mortgage: $16,231
Total Est. Monthly Carrying Cost: $17,046 ($4.60/ft2)
Note: the above is based on a down payment of 20% ($599,000), which is the minimum amount permitted by the building.

Insider Highlights

  • Property Overview: This is a large, 3-family brownstone with 3705 square feet of living space, located in the desirable Park Slope neighborhood. The building is a pre-war co-op, built in 1901, adding a touch of historical charm.
  • Modern Amenities: Each apartment is thoughtfully designed with modern amenities such as in-unit washer/dryer. Noteworthy updates include modernized electrical systems and updated plumbing throughout the building.
  • Outdoor Space: The property includes a private backyard & deck. The unfinished basement provides ample space for customization and offers access to the front and rear yards.
  • Income Potential: The second floor is currently vacant, providing an excellent opportunity for new owners to move in or for potential rental income. The first and third floor apartments are already occupied, presenting an attractive income-generating opportunity.
  • Location: Located just steps away from the F/G subway line, providing easy access to transportation. The property is in close proximity to Prospect Park and a vibrant array of restaurants and shops along 7th Avenue.
  • Unique Features: The building is a pre-war co-op, built in 1901, adding a touch of historical charm. The unfinished basement provides ample space for customization and offers access to the front and rear yards.

Description

Welcome to 557 10th Street, a stunning 3-family brownstone nestled right off of 7th Avenue in Park Slope. This impressive property boasts three floor-through apartments, offering a total of 3705 square feet of living space within its 20 x 65 building dimensions. Each apartment is thoughtfully designed, with the second and third floors featuring spacious three-bedroom layouts, while the first floor offers a comfortable two-bedroom apartment with a private backyard & deck. The convenience of in-unit washer/dryer adds a modern touch to each residence. The property’s unfinished basement provides ample space for customization and offers access to the front and rear yards, allowing for endless possibilities for expansion and outdoor enjoyment. The second floor is currently vacant, providing an excellent opportunity for new owners to move in or for potential rental income.

The first and third floor apartments are already occupied, presenting an attractive income-generating opportunity. Noteworthy updates include modernized electrical systems on the second and third floors, updated plumbing throughout the building, ensuring a well-maintained and efficient living environment. Location-wise, this home is a true gem. Situated just steps away from the F/G subway line, residents will enjoy easy access to transportation. Additionally, the proximity to Prospect Park and the vibrant array of restaurants and shops along 7th Avenue ensures a lifestyle of convenience and leisure. Don’t miss the chance to own this exceptional property in one of Brooklyn’s most sought-after neighborhoods.

Contact us today to schedule a viewing and make this Park Slope treasure your own!

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Listing courtesy of Compass

Pricing History

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About 557 10th Street

Building Amenities

  • Pre War

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Subways

  1. F
at 7th Ave and 9th 0.06 miles
  1. R
  2. G
at 4th Ave 0.49 miles