---
title: "505 1st Street, New York City, NY 11215"
description: "505 1st Street, New York City, NY 11215 — Townhouse in Park Slope, Brooklyn, NY. Last Sold Price $7,150,000. Sold on 7/16/2026. 6 bed, 4 bath, 900 sqft"
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/505-1st-street-ny-11215"
source: "Real Estate Rebate Team"
status: "Closed"
---

# 505 1st Street, New York City, NY 11215

Townhouse in Park Slope, Brooklyn, NY

Courtesy of Brown Harris Stevens Brooklyn LLC

## At a Glance

- **Last Sold Price**: $7,150,000
- **Status**: Sold on 7/16/2026
- **Beds**: 6
- **Total Baths**: 4
- **Sqft**: 900
- **Monthly Taxes**: $1,145 / mo
- **Price per Sqft**: $7,944
- **Brokerage Fee**: Share Eligible

This listing was successfully closed and is no longer active on the market.

[Planning to sell? Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

## Photos (10)

![505 1st Street, New York City, NY 11215 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/effb59eb-d6a0-4d56-9814-bc032385cfd3.jpg)
![505 1st Street, New York City, NY 11215 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/18aaf196-1f13-402e-b382-7cf7c3440ace.jpg)
![505 1st Street, New York City, NY 11215 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/ed5cfb2b-32f8-4be8-92e4-1447bb8edbf4.jpg)
![505 1st Street, New York City, NY 11215 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/5b3bf7c9-38a8-4a67-950e-3963720c114b.jpg)
![505 1st Street, New York City, NY 11215 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/d8aef88f-4d0d-4a81-b1dd-6ccbe32a3e20.jpg)
![505 1st Street, New York City, NY 11215 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b61804fc-21f5-43cc-a37b-4008676f5ace.jpg)
![505 1st Street, New York City, NY 11215 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/009199e8-66d1-44b4-bbf1-1593140502f9.jpg)
![505 1st Street, New York City, NY 11215 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/151d6ca6-fdec-4006-9733-bb03dd147dbc.jpg)
![505 1st Street, New York City, NY 11215 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/951d6ee8-ae6f-4b1b-97a7-19004f4b7a59.jpg)
![505 1st Street, New York City, NY 11215 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/797ac928-e78d-4c29-b09b-69ee0a0a17d8.jpg)

## Property Overview

Located on one of Park Slope's premier landmark blocks, just one block from Prospect Park, this beautifully renovated four-story brownstone is 20 feet wide with a rear extension on the lower two floors. The home offers a superbly scaled owner's upper triplex with five bedrooms and 2.5 baths, a large one-bedroom lower-level apartment, and one of the rarest conveniences in the neighborhood: a dedicated parking space in a gated lot directly across the street.

 Impressive original detail, modern upgrades, and central air conditioning throughout deliver a home that seamlessly balances historic character with contemporary convenience. The parlor floor boasts the gracious proportions and commanding presence that make these landmark brownstones so highly desirable. An inviting entry hall with pier mirror and wainscoting opens to an expansive double parlor with oversized pocket doors, two original Victorian mantels, a wood-burning fireplace, and wonderful southern light through the home's signature triple-bay windows. The grand proportions and effortless transition from the living to dining area make the space as comfortable for daily life as it is for entertaining.

 The kitchen has been renovated with Poggenpohl cabinetry, marble countertops, Miele appliances, Dornbracht fittings, and a Sub-Zero wine refrigerator. Double doors open onto a wraparound deck with built-in seating and steps down to a lushly planted garden framed by irrigated beds and a bluestone patio.

 Upstairs, the private quarters continue the same balance of scale, light, and thoughtful renovation. The primary suite offers a wood-burning fireplace, a walk-in closet, and exceptional southern light through oversized triple-bay windows. Additional bedrooms are generously scaled and thoughtfully outfitted with custom closets and original mantels. The upper triplex also features a spacious laundry room, and the two full baths have been renovated with Waterworks fittings.

 The lower level houses a large one-bedroom apartment with original detail, including wood floors, oak wainscoting, a grand mantel, a renovated kitchen, and a renovated full bath. A full basement level accommodates the mechanicals, additional storage, and a second laundry area.

 The dedicated parking space is the detail that turns this special home into an exceptionally rare offering. Situated right across the street in a gated lot co-operatively owned with a small group of neighbors, this space delivers the kind of daily ease that is almost never available with a landmark townhouse on a prime Park Slope block.

 EQUAL HOUSING OPPORTUNITY

## Property Details

- **Property Type**: Multi Family
- **Beds**: 6
- **Total Baths**: 4
- **Rooms**: 13
- **Sqft**: 900 sqft
- **Stories**: 4
- **Year Built**: 1890
- **Price per Sqft**: $7,944
- **Monthly Taxes**: $1,145 / mo
- **Listed On**: May 23, 2026
- **Days on Market**: 117 Days

### Residence Features

- Central Air
- Building Other
- Washer Hookup
- In Unit
- Assigned
- Garage
- Smoke Free
- Washer Dryer Allowed

### Building Amenities

- Assigned
- Garage

## Estimated Monthly Payment

**$37,299 / month**, assuming a 20% down payment ($1,430,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $36,154
- **Property Taxes**: $1,145

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Sales and market data

### Recent sales

505 1st Street has 2 recorded sales since September 2021, the most recent for $7,150,000 in July 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sold Price | Sold | Source |
| --- | --- | --- | --- | --- |
| Entire property (Multi Family) | 6 | $7,150,000 | July 16, 2026 | MLS |
| Entire property (Multi Family) | 4 | $3,200,000 | January 9, 2026 | MLS |

### How this price compares

- **Last sold price**: $7,150,000
- **Median sold price**: $3,400,000
- **Difference**: +$3,750,000 (+110.3%)
- **Last sold, $/ft²**: $7,944
- **Median $/ft²**: $1,100
- **Comparable sales**: 56
- **Sales from**: October 2021 – August 2026
- **Middle half of those sales**: $2,576,250 – $3,942,500

Based on house sales in Park Slope.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Park Slope. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sale-to-list price**: 95.9% (42 sales)
- **Sold below asking**: 60% (42 sales)
- **Typical time to find a buyer**: 47 days (55 sales)
- **Typical time to close**: 73 days (54 sales)

Based on house sales in Park Slope with the required listing and closing data. Sample sizes vary by metric.

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.

Sales data through August 2026.

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 505 1ST Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/505-1st-street)

## Price and Property History for 505 1ST Street

Review the recorded listing activity for 505 1ST Street, including asking-price changes and prior market dates.

- **Last sold**: $7,150,000 on July 16, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| July 16, 2026 | $7,150,000 | Sold |
| May 30, 2026 | $7,150,000 | Entered contract |
| May 23, 2026 | $7,150,000 | Listed for sale by Brown Harris Stevens Brooklyn LLC |

## Property Tax History

Taxes at 505 1st Street were $14,732 in 2026, up 6.0% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $340,440 | $44,580 | $295,860 | $73,349 | $14,732 | 20.085% (estimated) |
| 2025 (FY 2025/26) | $301,800 | $44,580 | $257,220 | $69,223 | $13,903 | 20.085% (estimated) |
| 2024 (FY 2024/25) | $282,900 | $44,580 | $238,320 | $69,223 | $13,903 | 20.085% |
| 2023 (FY 2023/24) | $316,500 | $44,580 | $271,920 | $68,650 | $13,788 | 20.085% |
| 2022 (FY 2022/23) | $271,500 | $44,580 | $226,920 | $64,782 | $13,157 | 20.309% |
| 2021 (FY 2021/22) | $241,260 | $44,580 | $196,680 | $61,124 | $12,202 | 19.963% |
| 2020 (FY 2020/21) | $285,780 | $44,580 | $241,200 | $57,686 | $12,140 | 21.045% |
| 2019 (FY 2019/20) | $316,020 | $44,580 | $271,440 | $57,686 | $12,210 | 21.167% |
| 2018 (FY 2018/19) | $57,208 | — | — | $57,208 | $11,967 | 20.919% |
| 2017 (FY 2017/18) | $53,985 | — | — | $53,985 | $11,005 | 20.385% |
| 2016 (FY 2016/17) | $50,937 | — | — | $50,937 | $10,183 | 19.991% |
| 2015 (FY 2015/16) | $48,072 | — | — | $48,072 | $9,400 | 19.554% |
| 2014 (FY 2014/15) | $48,072 | — | — | $48,072 | $9,209 | 19.157% |
| 2013 (FY 2013/14) | $47,674 | — | — | $47,674 | $9,149 | 19.191% |
| 2012 (FY 2012/13) | $44,988 | — | — | $44,988 | $8,354 | 18.569% |
| 2011 (FY 2011/12) | $42,448 | — | — | $42,448 | $7,728 | 18.205% |
| 2010 (FY 2010/11) | $40,060 | — | — | $40,060 | $6,956 | 17.364% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3010740046. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 505 1st Street

505 1st Street, Brooklyn, NY 11215

A building in the neighborhood, currently featuring 0 active listings.

- **Year Built**: 1890
- **Active Units**: 0
- **Floors**: 4

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/505-1st-street)

### Available Residences — For Sale (0)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/505-1st-street-ny-11215) | 6 | 4 | 900 sqft | $7,944 | $7,150,000 | Brown Harris Stevens Brooklyn LLC | May 23, 2026 | — |

## 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

- [505 1ST Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/505-1st-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.