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$3,925,087
List Price: $3,995,000
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501 Eighth Avenue #1
Condo in Park Slope •  building info
4bd • 3.5ba • 2,701ft² $1,479 per ft²
Buy with Yoreevo

$3,925,087

List Price

$3,995,000

Key Details
Days on market
43
Last price change
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Estimated payment
$23,585/mo
Taxes
$1,091/mo
Common charges
$937/mo
Description
Park Slope living reaches new heights in this expansive four-bedroom, three-and-a-half-bathroom duplex condominium offering refined interiors, exceptional natural light and a coveted location just one block from Prospect Park. Residence No. 1 at 501 8th Avenue is set within a distinguished landmarked corner building, where classic Brooklyn architecture meets thoughtful modern design. Spanning 2,701 square feet of interior space and complemented by a 240-square-foot side yard, this home delivers an uncommon sense of scale, privacy and indoor-outdoor living. With fourteen windows and exposures on multiple sides, every room is bathed in natural light-an exceptional and rarely found feature in Park Slope. Inside, high-end finishes and a cohesive design palette create a sophisticated yet comfortable home. The open-plan living and dining areas are ideal for both everyday living and entertaining, anchored by a beautifully appointed kitchen featuring custom cabinetry, ample storage and a suite of premium appliances, including a Bertazzoni induction range. Throughout the home, carefully selected materials and clean architectural lines lend a sense of understated luxury. The well-proportioned layout includes four bedrooms and three full bathrooms plus a powder room, offering flexibility for a variety of living arrangements. The primary suite serves as a serene retreat, while additional bedrooms are thoughtfully positioned to maximize both privacy and functionality. Spa-like bathrooms feature elegant finishes and a calming, modern aesthetic. A truly special detail of the home is found in one of the secondary bedrooms, where original stained glass windows have been preserved, adding warmth, character and a meaningful connection to the building's history. The building's exceptional depth enhances the home's expansive feel, creating a sense of quiet separation from the street while maintaining excellent light throughout. The lower level spans nearly 1,200 square feet and offers remarkable versatility, easily accommodating a secondary living room, home office and gym, along with additional storage. The private side yard extends the living space outdoors, offering a rare opportunity for al fresco dining, gardening or simply enjoying a moment of calm. Located on a picturesque Park Slope block just moments from Prospect Park, 501 8th Avenue is surrounded by some of Brooklyn's best dining, shopping and neighborhood amenities, with convenient access to transportation. Residence No. 1 offers a rare blend of historic charm, modern luxury and livability in one of Brooklyn's most sought-after settings. The complete terms are in an offering plan available from the Sponsor (File No: CD25-0270).

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Important Stuff
Washer/Dryer in unit
Home features
Dishwasher
Building info

History
What it'll cost
Purchase price
$3,995,000
Asking Price: $3,995,000
Term
30 Years
Down Payment
$399,000 (10%)
Min: 10% (399,000)
Rate
6.0 %
Mortgage Amount
$3,595,500
Mortgage Payment
$21,557
Common Charges
$937
Taxes
$1,091
Estimated Yoreevo rebate
$69,913
Estimated closing cost
$155,000
Total monthly cost $23,585
Buy your dream home with us and get an estimated $69,913 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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