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$3,438,750
List Price: $3,500,000
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501 Eighth Avenue #ONE

Condo in Park Slope •  building info
Sponsor Unit • 4bd • 3.5ba • 2,701ft² $1,296 per ft²
Buy with Yoreevo

$3,438,750

List Price

$3,500,000

Key Details
Day on market
1
Last price change
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Estimated payment
$19,726/mo
Taxes
$1,091/mo
Common charges
$937/mo
Description
Introducing Residence No. 1 at 501 8th Avenue, an expansive four-bedroom, three-and-a-half-bathroom home offering 2,701 square feet of interior space, a private 240-square-foot side yard and an exceptional location just one block from Prospect Park. Set within a distinguished landmarked corner building, Residence No. 1 pairs the character of classic Brooklyn architecture with a refined, contemporary interior. Fourteen windows and exposures on multiple sides bring natural light throughout the home, while the building's depth creates a sense of privacy and separation rarely found in Park Slope. The main living spaces are open and thoughtfully designed for both everyday life and entertaining. A beautifully appointed kitchen anchors the living and dining areas with custom cabinetry, generous storage and premium appliance package, including a Bertazzoni induction range. Four bedrooms provide flexibility for a range of living arrangements. The primary suite offers a serene retreat, while the additional bedrooms are positioned with privacy and functionality in mind. One secondary bedroom retains original stained glass windows-a distinctive architectural detail that brings color, character and a meaningful connection to the building's history. Three full bathrooms and a powder room are finished with an elegant and calming, spa-like aesthetic. Nearly 1,200 square feet of the residence is located on the lower level, dramatically expanding the ways this home can be lived in. The generous footprint can easily accommodate a secondary living room in addition to a home office or gym, with additional space for storage. This flexibility, paired with the scale of the upper level, gives Residence No.1 the versatility of a townhouse within the ease of condominium living. Outdoors, the private 240-square-foot side yard creates a natural extension of the home and a rare opportunity for al fresco dining, gardening or a quiet retreat. 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 an uncommon combination of scale, natural light, private outdoor space and historic character-all within one of Brooklyn's most sought-after neighborhoods. 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
Central Air
Dishwasher
Hardwood floors
Private outdoor space

Private Garden

View

Garden

Building amenities
Services and facilities
Fios Available
Shared outdoor space
Garden
Building info

History
What it'll cost
Purchase price
$3,500,000
Asking Price: $3,500,000
Term
30 Years
Down Payment
$700,000 (20%)
Min: 20% (700,000)
Rate
6.5 %
Mortgage Amount
$2,800,000
Mortgage Payment
$17,698
Common Charges
$937
Taxes
$1,091
Estimated Yoreevo rebate
$61,250
Estimated closing cost
$130,000
Total monthly cost $19,726
Buy your dream home with us and get an estimated
$61,250 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of Douglas Elliman

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