--- title: "270 5th Street #4B, New York City, NY 11215" description: "270 5th Street #4B, New York City, NY 11215 — Park Slope, New York City, NY. Listing Price $1,395,000. In contract 6/22/2026. 2 bed, 1 bath Illustrative Buyer Commission Share of $20,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/270-5th-street-b-4B-ny-11215" source: "Real Estate Rebate Team" status: "Pending" --- # 270 5th Street #4B, New York City, NY 11215 Park Slope, New York City, NY Courtesy of Corcoran Group ## At a Glance - **Listing Price**: $1,395,000 - **Status**: In contract 6/22/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 2 - **Baths**: 1 - **Common Charges**: $1,798 / mo - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $1,395,000 - **Illustrative Buyer Commission Share**: -$20,925* - **Illustrative Net Cost**: $1,374,075 *Illustrative Buyer Savings of $20,925 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (10) ![270 5th Street #4B, New York City, NY 11215 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3c26a686-05ac-4e14-86c2-1626590a8502.jpg) ![270 5th Street #4B, New York City, NY 11215 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5b0e4b7c-f9d9-4f89-b5ab-d6cdcea219e4.jpg) ![270 5th Street #4B, New York City, NY 11215 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c8a0e125-ce54-4e50-a34c-6adac0815ba3.jpg) ![270 5th Street #4B, New York City, NY 11215 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/c01334ab-cd45-4ff2-bd66-3b437aac192b.jpg) ![270 5th Street #4B, New York City, NY 11215 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/0bdad28d-2b75-4c90-8527-ca567c4de5d4.jpg) ![270 5th Street #4B, New York City, NY 11215 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d91f5486-4a49-4617-bb4c-01a4a2457df1.jpg) ![270 5th Street #4B, New York City, NY 11215 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/7d340bec-3b48-4fef-8339-2a325ea97135.jpg) ![270 5th Street #4B, New York City, NY 11215 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d87775c1-228d-4f9a-9ca8-4c3034dc1c27.jpg) ![270 5th Street #4B, New York City, NY 11215 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/33eec736-a12a-4936-8a36-7ee48016b4bd.jpg) ![270 5th Street #4B, New York City, NY 11215 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/00356f59-2f23-4a09-86e5-57844caccb39.jpg) ## Property Overview 270 5th Street, 4B Penthouse perfect! Welcome to unit 4B at 270 5th Street, a beautifully renovated top floor residence at the coveted Milk Factory Lofts in the heart of Park Slope. Set within a turn of the century converted milk factory, this exceptional home blends authentic loft character with sophisticated modern upgrades, offering a rare combination of warmth, scale, and functionality. The expansive living and dining space is anchored by a charming wood burning fireplace and flooded with natural light, creating the perfect setting for both entertaining and everyday living. Split system air conditioning throughout the home provides efficient and customizable comfort year round. The newly renovated chef's kitchen has been thoughtfully designed with high end appliances, custom cabinetry, marble countertops, and elegant finishes that elevate the entire home. The gorgeous spa like bathroom has also been beautifully renovated with timeless materials and refined detailing. One of the apartment's most remarkable features is its enormous private terrace spanning over 600 square feet, a true extension of the living area and an incredibly rare offering in Brooklyn loft living. Complete with ample room for outdoor dining, lounging, gardening, and entertaining, this extraordinary outdoor oasis offers seamless indoor outdoor living and open sky views perfect for year round enjoyment. The thoughtfully designed layout includes two well proportioned bedrooms, generous closet space, private storage, and a coveted outdoor parking space that transfers with the unit. The pet friendly Milk Factory Lofts is a well maintained elevator coop with laundry facilities and rich industrial history, ideally positioned on a leafy Center Slope block moments from Prospect Park, JJ Byrne Park, beloved restaurants and cafés along 5th Avenue, Whole Foods, and multiple subway lines including the R, F, and G trains. A rare opportunity to own a turnkey penthouse loft with character, comfort, outdoor space, parking, and storage in one of Brooklyn's most sought after neighborhoods ## Property Details - **Property Type**: Co-op - **Beds**: 2 - **Baths**: 1 - **Rooms**: 3 - **Stories**: 4 - **Year Built**: 1911 - **Common Charges**: $1,798 / Monthly - **Listed On**: May 19, 2026 - **Days on Market**: 111 Days ### Residence Features - Common On Floor - Common Area - Assigned - Garage - Private Outdoor Space Over 60 Sqft - Dining Area - Entrance Foyer - High Ceilings - Dishwasher - Security System - City Lights - City - See Remarks ### Building Amenities - Assigned - Garage ## Sales Evidence ### Recent closed sales 8 apartments at 270 5th Street have recorded sales since September 2021, the most recent for $150,000 in October 2025. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 1A (Apartment) | — | — | $150,000 | — | October 29, 2025 | City record | | 1E (Duplex) | 3 | 1,300 | $2,015,270 | $1,550/ft² | September 16, 2025 | City record · MLS | | 1B (Apartment) | 3 | — | $1,700,000 | — | September 20, 2024 | City record · MLS | | 1A (Duplex) | 2 | — | $999,000 | — | August 6, 2024 | City record · MLS | | 3I (Apartment) | 2 | 860 | $1,107,500 | $1,288/ft² | June 27, 2024 | City record · MLS | | 2G (Apartment) | 2 | — | $1,100,000 | — | June 22, 2023 | City record · MLS | | 2E (Apartment) | 2 | — | $1,015,000 | — | June 7, 2023 | City record · MLS | | 2-G (Duplex) | 2 | — | $999,000 | — | March 23, 2022 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable two-bedroom sales at 270 5th Street is $1,015,000, based on 5 sales between March 2022 and August 2024. This home is asking $1,395,000, $380,000 above that median. The middle half of those sales closed between $999,000 and $1,100,000. - **Median closed price**: $1,015,000 - **Middle half**: $999,000 – $1,100,000 - **Based on**: 5 two-bedroom sales at 270 5th Street - **Period**: March 2022 – August 2024 Square footage is recorded for only 1 of these 5 sales (20%), so no price per square foot is shown for this group. Co-op sales rarely carry a floor area, and a figure drawn from a handful of them would not describe the rest. Across the 4 of these sales with a published asking price, the median closed at 101.2% of what it originally asked. 0% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 101.2% of the original ask - **Closed below ask**: 0% of 4 sales - **Listed → in contract**: 28 days (about 4 weeks) - **In contract → closed**: 98 days (about 14 weeks) Across the 4 of these sales with a published asking price, the median closed at 101.2% of what it originally asked. 0% of them closed below the original ask. Half of these homes were in contract within 28 days (about 4 weeks) of coming to market, based on the 5 with a recorded listing date. Once a deal was agreed, closing took a further 98 days (about 14 weeks), based on the 5 with both dates recorded. A co-op board package and its interview account for much of that. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 5 two-bedroom sales at 270 5th Street, March 2022 – August 2024. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median sold price for co-op two-bedroom sales in Park Slope, 2017 to 2026. The series is held to one bedroom count and one ownership type for the same reason: an unfiltered median tracks which apartments sold, not what they were worth. | Year | Median sold price | Sales | | --- | --- | --- | | 2017 | $1,020,000 | 15 | | 2018 | $954,635 | 14 | | 2019 | $1,087,000 | 16 | | 2020 | $875,000 | 15 | | 2021 | $955,000 | 39 | | 2022 | $1,192,500 | 30 | | 2023 | $1,035,000 | 19 | | 2024 | $1,071,000 | 17 | | 2025 | $1,225,000 | 10 | | 2026 | $1,155,000 | 12 | This building does not have enough sales with a recorded floor area to chart its own price per square foot, which is usual for a co-op. The series above follows comparable homes across Park Slope instead. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 270 5th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/270-5th-street) ## Price and Property History for 270 5th Street, Unit 4B Review the recorded listing activity for 270 5th Street, Unit 4B, including asking-price changes and prior market dates. - **Entered contract**: June 22, 2026 - **Last sold (recorded)**: $1,225,000 on August 4, 2021 | Date | Price | Listing event | | --- | --- | --- | | June 22, 2026 | $1,395,000 | Entered contract | | May 19, 2026 | $1,395,000 | Listed for sale by Corcoran Group | | August 4, 2021 | $1,225,000 | Sold — recorded sale price | | April 28, 2021 | $1,099,000 | Entered contract | | April 4, 2021 | $1,099,000 | Listed for sale by The Corcoran Group | ## Property Taxes This apartment is part of a co-op that is taxed as one lot shared across 35 apartments. The corporation’s 2026 property tax bill was $346,481 for the whole building. Shareholders cover it through their monthly maintenance rather than a separate bill for this unit. [See the full property tax history for 270 5th Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/270-5th-street) [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 270 5th Street Park Slope · Stock Cooperative 270 5th Street, Brooklyn, NY 11215 A building in Park Slope, currently featuring 1 active listing. - **Year Built**: 1911 - **Total Units**: 1 - **Floors**: 4 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/270-5th-street) ### Available Residences — For Sale (1) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [4B](https://realestaterebatesnewyork.com/new-developments/newyorkcity/brooklyn/11215/270-5th-street-b-4B-ny-11215) | 2 | 1 | — | — | $1,395,000 — In contract | Corcoran Group | May 19, 2026 | 111 days | ## Estimated Monthly Payment **$8,852 / month**, assuming a 20% down payment ($279,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $7,054 - **Common Charges**: $1,798 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Park Slope Overview of Park Slope [Explore Park Slope](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Park Slope - [Prospect Heights real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-heights) - [Gowanus real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus) - [South Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/south-slope) - [Prospect Park real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/prospect-park) - [Boerum Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) - [Carroll Gardens real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/carroll-gardens) ## Related Links - [270 5th Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/270-5th-street) - [Park Slope neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.