2 months on rocket

501 8th Ave, New York City, NY, 11215

$6,995,000

12 Bedrooms
4 Full Baths
6,960 SqFt
$1,005/SqFt
Townhouse

Location

Image provided by Mapbox

Property Highlights

Home TypeTownhouse
Year Built1920
ViewOther
MLS #RPLU-33423225863
StatusActive

About 501 8th Ave

Introducing a rare and extraordinary opportunity to own a stunning corner 4-family townhouse on Park Slope's coveted 8th Avenue and 5th Street, a mere block from Prospect Park's scenic entrance. This exceptional, once-in-a-lifetime offering presents a majestic 20' 87' building, rising 5 gracious stories with limitless potential. Currently configured as four expansive full-floor residences, each spanning over 1,700 square feet with impressive nearly 10-foot ceilings throughout. Every home boasts three bedrooms, a separate kitchen, bathroom, and generous living and dining areas, bathed in natural light from 125 feet of sunlight exposure on three sides of the building.<br><br>501 8th Ave occupies the heart of Park Slope, just steps from Prospect Park's picturesque entrance and surrounded by the neighborhood's thriving cafe culture, trendy boutiques, and award-winning restaurants. With the Park Slope Farmers Market and other local gems nearby, plus seamless subway access via the F, G, 2, 3, 4, and R lines, this iconic location represents the ultimate Brooklyn lifestyle - a perfect fusion of historic charm, modern convenience and sophistication that makes this area one of Brooklyn's most coveted and sought-after neighborhoods<br>

Property Details

Property Features

Property Information:

  • Year Built: 1920
  • Living Area: 6,960 SqFt

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Behzad Amiri
  • Agent Phone: (718) 810-4012

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • View: Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,995,000
  • Price Per SqFt: $1,005/SqFt
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Housing Market Comparison

See how this home compares to others in New York, NY.

Med. Sold Price

$850.1K

Med. Price/SqFt

$667

Avg. Days On Market

85

# of Sold Homes

1747

501 8th Ave vs New York

65 DAYS ON ROCKET

-20 Days

$6,995,000

+$6.1M More

$1,005/SqFt

+$337 More

KEY TAKEAWAY

This property is $6.1M more than the Median Sold Price and $337/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RPLU-33423225863

Listing Office:

  • Office Name: Corcoran Group
  • Office Phone: (212) 355-3550
  • Listing Agent: Behzad Amiri
  • Agent Phone: (718) 810-4012

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/22/2024, 1:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$34.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$21K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-983417
9
/10
  • P.S. 321 William Penn School

  • 180 7th Ave

  • 0.27 miles

  • Public District Grades KG-5

school-card-donut-983418
9
/10
  • P.S. 39 Henry Bristow School

  • 417 6th Ave

  • 0.32 miles

  • Public District Grades KG-5

school-card-donut-983419
9
/10
  • P.S. 107 John W. Kimball School

  • 1301 8th Ave

  • 0.40 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $125,207. Most New York, NY residents have annual incomes between $100k-200k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 8th Ave

What is the listing price of this property?

The listing price of 501 8th Ave property is $6,995,000.

What type of property is this?

The property 501 8th Ave is a townhouse located in New York City, New York, 11215.

Is this property for sale now?

Active Listing: 501 8th Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 501 8th Ave has 12 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 501 8th Ave is 6,960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 8th Ave is 1920.
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Rocket HomesNew YorkKings CountyNew York11215501 8th Ave

This home is located at 501 8th Ave in New York City, NY and zip code 11215 in the South Brooklyn neighborhood. This 6,960 square foot home was built in 1920. Features: 12 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $6,995,000.

In November 2024, from all listings sold in New York, NY there were more than 220 sold above asking price, over 758 sold below and more than 769 were sold right at the asked price. In November 2024 in New York, NY there were 7.2% less homes for sale than in October 2024. Listings spent 85 days on the market in November 2024, and had a median list price of $850,115 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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