Brooklyn (Park Slope), NY, 11215 | $1,495,000

Welcome to 557 3rd Street, #3! This Park Slope Brownstone Beauty Welcomes You in with Lush Views, Southern Light, Gorgeous Pre-War Detail, a Wood-Burning Fireplace, Almost 10 1/2 Foot Ceilings, and a Private Terrace!!

Elegant and Classic, this 2 Bedroom/Convertible to 3 Bedroom, Floor-Through Co-op, Provides All You Have Been Looking For in a Park Slope Brownstone Apartment! Upon entry, the grand living room is warm and inviting. Gorgeous pre-war details are highlighted throughout, including beautiful oak hardwood floors with mahogany inlaid borders, elegant moldings, an impressive stained glass window, and an extraordinary, wood-burning fireplace with inset mirror! 4 over-sized windows with wooden shutters, open up on to lovely and wide 3rd Street, overlooking a leafy and iconic brownstone-filled street. A beautifully arched ceiling separates the dining area from the living space. The dining area can easily be converted and utilized as an 3rd bedroom / office / guest room!

The well-designed kitchen is maximized with classic and handsome, ceiling height, wood & glass cabinetry, easy-to-maintain raised subway tile backsplash, stone counter tops, and outfitted with high-end stainless steel appliances. An opening on to the living room allows for comfortable living, and easy entertaining.

Two peaceful bedrooms are in the rear of the apartment. The primary bedroom provides easy access to an exceptional private terrace! This thoughtfully-designed IPE deck, overlooks neighboring gardens and landmark buildings, and offers a great place to entertain, or an extra space to play, eat or read. The second bedroom has two closets, and can easily accommodate bunk beds, a twin or full bed, and features a wonderful stained-glass window.

A beautifully renovated bathroom is equipped with an over-sized sink, easy-to-use swinging glass shower door, 2 shower niches to tuck away shampoo, and finished with beautiful marble mosaic flooring. The bathroom is in the center of the apartment, allowing for easy access to bedrooms as well as separate guest use. An In-Unit, Vented Washer / Dryer is conveniently housed in a closet near the bedrooms.

557 3rd Street is a very well-maintained, self-managed building with excellent financials, and located on one of the most beloved and stately Park Slope blocks formerly the "driveway" to the grand Litchfield Villa in Prospect Park. 1 block to Prospect Park, 3rd Street playground, near Garfield Tot Lot, and 2 blocks to P. S. 321! Near all of of Park Slope's fabulous restaurants and amenities, including the Park Slope Food Co-op, Brooklyn Public Library, Brooklyn Museum and Botanic Garden. Also near F/G trains at 9th Street, R train at Union Street, 2/3 at Grand Army Plaza and B/Q at 7th Avenue.

Separate bike storage, and a large, dedicated storage space to this unit, provided in the basement. Stroller storage available in building lobby. Cats and small dogs allowed with co-op approval. Welcome Home!

Features

  • Town: Brooklyn
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Building None,Washer Hookup,In Unit
  • Year Built: 1899
  • Common Charge: $960 Monthly
  • View: City
  • Pet Policy: Building Yes,No
  • Appliances: Washer Dryer Allowed
  • MLS#: RLS20018094
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /prop/RLS20018094/5573rdstreet_brooklyn_ny?source=qrflyer
Copyright © 2025  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group   Phone: (212) 355-3550

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Customer Service

888.699.8876

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

Brooklyn (Park Slope), NY, 11215

$1,495,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@Raveis.com

NMLS Mortgage Loan Originator ID 1880936

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,196,000 $1,196,000 $1,196,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.625% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.614% 6.727% 6.309%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,791 $7,658 $10,173
Total Monthly Payment $6,916 $7,783 $10,298

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.