




492 3rd St, Brooklyn, NY, 11215
About This Home
Located in the heart and soul of Park Slope, this brownstone sits between 6th and 7th Avenues on Third Street—where the roadway opens into its famously double-wide breadth. Laid out by Edwin C. Litchfield, this particular block feels brighter, calmer, more gracious: a tree-lined canopy, an uncommon sense of air, space, and time. Then the distinguished run of brownstone and limestone gives the street its quiet authority. It feels tucked away yet moments from the neighborhood’s daily life, the Park, and multiple subway lines. A gracious front garden invites you, drawing you in with a green approach and a sense of arrival set back from the street. In the rear garden, a limestone terrace and path bordered on either side by garden beds, welcome you into a generous rear yard, with a platform deck rising at its edge. Built in the latter part of the 19th century and heretofore converted to ten residences with classic front and rear layouts, the brownstone offers scale and authenticity that can’t be manufactured: soaring ceilings, original parquet floors, classic molding, claw-foot tubs, and enduring period detail. Each floor carries character and uniqueness onto itself, variations in light, layout and outlooks create an experience which feels less like “units” and more like a small collection of true homes. Offering not only an investment with immediate fundamentals, but an address with narrative one that invites stewardship as much as it rewards ownership. Held and lovingly maintained by the same family for nearly half a century, the property has been thoughtfully transitioned over. Today, nine of ten apartments are free market, with meaningful upside and flexibility to deliver multiple units vacant. The brownstone also benefits from the protected 2B tax class, supporting long-term predictability. The brownstone carries an unmistakably restorative energy: peaceful yet alive and relaxing—an everyday refuge. Keep it as is, or return it to the resplendent glory it once was. 492 Third St offers not only performance, but a lasting sense of place; and presence one that’s increasingly hard to find. An exceptional opportunity to own a storied brownstone on one of the Slope’s most admired blocks.
Getting Around
Schools
Construction
Condition
- Year built: 1920
Type & Style
- Home type: SingleFamily
- Property subType: Rental Unit
Interior
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 10
Interior Area
- Total structure area: 5,500
- Total interior livable area: 5,500 sqft
Property
Details
- Special condition: Resale
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $26,041 | $312,492 |
| Home Insurance * | $793 | $9,516 |
| Property Taxes | $2,403 | $28,836 |
| Electricity | $908 | $10,907 |
| Total | $30,145 | $361,740 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-01 | Listed for sale | $5,150,000 |
For Sale by Agent
