---
title: "561 5th Street #1, New York City, NY 11215"
description: "561 5th Street #1, New York City, NY 11215 — Single Family Brownstone in Park Slope, Brooklyn, NY. Listing Price $2,345,000. Price Reduced: Reduced $155,000 (6.2%) from $2,500,000 on May 12, 2026. 2 bed, 2 bath, 1,816 sqft Illustrative Buyer Commission Share of $35,175 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/561-5th-street-1-ny-11215"
source: "Real Estate Rebate Team"
dateModified: "2026-09-27T17:33:54.740Z"
status: "Active"
---

# 561 5th Street #1, New York City, NY 11215

Single Family Brownstone in Park Slope, Brooklyn, NY

Courtesy of Douglas Elliman Real Estate

Last updated: September 27, 2026, 1:33 PM

## At a Glance

- **Listing Price**: $2,345,000
- **Price Reduced**: Reduced $155,000 (6.2%) from $2,500,000 on May 12, 2026
- **Beds**: 2
- **Total Baths**: 2
- **Sqft**: 1,816
- **Common Charges**: $332 / mo
- **Price per Sqft**: $1,291
- **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**: $2,345,000
- **Illustrative Buyer Commission Share**: -$35,175*
- **Illustrative Net Cost**: $2,309,825

*Illustrative Buyer Savings of $35,175 — 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)

![561 5th Street #1, New York City, NY 11215 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6e42b9e5-a167-4949-898b-def74a1c7c54.jpg)
![561 5th Street #1, New York City, NY 11215 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/88623b41-92ce-4a3d-a462-3439067ac179.jpg)
![561 5th Street #1, New York City, NY 11215 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/1253db4f-65b0-4bbb-acc9-952a67759fd2.jpg)
![561 5th Street #1, New York City, NY 11215 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/826e0059-fbcf-40f8-8420-3b9870d92bae.jpg)
![561 5th Street #1, New York City, NY 11215 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/a15ec36e-2c71-4b2e-a21f-f07bf87cc317.jpg)
![561 5th Street #1, New York City, NY 11215 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/84a7cd3f-06c3-48b8-a7d3-d9a204ae1cba.jpg)
![561 5th Street #1, New York City, NY 11215 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/96a680fa-a01b-4d8b-8d09-ffde1823de83.jpg)
![561 5th Street #1, New York City, NY 11215 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b1d87fbe-bf3c-46a3-8b61-789f3282cd34.jpg)
![561 5th Street #1, New York City, NY 11215 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/9e5f3e2f-07e0-4e97-88a0-b249fe426ecc.jpg)
![561 5th Street #1, New York City, NY 11215 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/677ca7ee-62c7-4000-8be0-d563ba39ebaa.jpg)

## Property Overview

Stylish Condo Living in a Quintessential Park Slope Brownstone Setting - 561 5th Street. And it's currently zoned for PS 321!

Modern conveniences are mixed with touches of Old-World charm in this 2 Bed, 1 1/2 Bath, Garden Duplex on one of Park Slope's most coveted park blocks. Intelligently integrated into a classic 20' wide Italianate Brownstone, the sprawling first floor and lower level are built the full width of the building, providing you and yours ample room to live and grow.

It all starts with the wide-open Family Room: hardwood floors, crown molding, and a wood burning fireplace with original carved marble mantle lend the charm, while the triple faceted Bay Window let the light shine in. The formal dining area is here, conveniently located next to a pass-through galley kitchen featuring hardwood cabinets, black marble counters, and full-sized Stainless-Steel appliances -- perfect for entertaining guests or feeding the troops.

Secluded in the rear of the unit is the Primary Bedroom, a quiet oasis with two large windows and a windowed door overlooking your Private Garden, allowing light and air to waft through.

The garden itself is the true gem: basket-weave patterned bricks lead to flower beds brimming with annual flowers and shrubs, while two stately Cedar trees provide privacy and shade for outdoor dining, or quiet Sunday mornings sipping coffee.

The second bedroom is just down the hall: Queen-sized, it has tons of closets and garden views of its own. The Full Bath is on this floor as well, featuring a deep Jacuzzi tub along with subway tiles and pedestal sink, the latter paying homage to the building's historic past.

The second level is a great addition: your laundry is here, as well as a Half Bath. There's plenty of space for storage along with two large rooms to be used as a home office, children's art/playroom, recreation room, or a teenage grotto. Whatever you choose, the bonus space is here for your imagination. All this, plus there's a multi-zone climate control system throughout.

As mentioned, the location is sublime: Fifth Street on a park block right next to the Crown Jewel of Brooklyn - Prospect Park, where morning walks and summer concerts await. Currently zoned for PS 321, it's close to everything Park Slope is known for. The fresh air markets at Grand Army Plaza and Pritchard Square are both within reach. Incredible world class dining is all around... Pasta Louise, Fonda, Zatar, the list goes on. Local favorite Nighthawk Cinema is within an easy stroll. Transportation is a snap, as the subway is a short 3 blocks away.

## Property Details

- **Property Type**: Duplex
- **Beds**: 2
- **Total Baths**: 2
- **Rooms**: 6
- **Sqft**: 1,816 sqft
- **Stories**: 4
- **Year Built**: 1920
- **Price per Sqft**: $1,291
- **Common Charges**: $332 / Monthly
- **Listed On**: Mar 25, 2026
- **Days on Market**: 189 Days

### Residence Features

- Ductless
- Building Other
- Washer Hookup
- In Unit
- Garden
- Private Outdoor Space Over 60 Sqft
- Separate/Formal Dining Room
- Washer Dryer Allowed

## Estimated Monthly Payment

**$12,190 / month**, assuming a 20% down payment ($469,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $11,858
- **Common Charges**: $332

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

## Sales and market data

### Recent sales

One apartment at 561 5th Street has a recorded sale since September 2021, the most recent for $1,999,900 in August 2026. Prices are the figures recorded with the City, not asking prices.

| Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source |
| --- | --- | --- | --- | --- | --- | --- |
| [4](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/561-5th-street-4-ny-11215) (Apartment) | 2 | 1,200 | $1,999,900 | $1,667/ft² | August 26, 2026 | 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

- **This home**: $2,345,000
- **Median sold price**: $1,548,870
- **Difference**: +$796,130 (+51.4%)
- **This home, $/ft²**: $1,291
- **Median $/ft²**: $1,580
- **Comparable sales**: 52
- **Sales from**: October 2024 – August 2026
- **Middle half of those sales**: $1,385,279 – $1,699,933

Based on condo two-bedroom sales in Park Slope.

This building has not had enough comparable sales of its own in the period to support a median, so the benchmark is drawn from Park Slope instead.

### How these sales were negotiated

- **Sale-to-list price**: 100% (50 sales)
- **Sold below asking**: 38% (50 sales)
- **Typical time to find a buyer**: 35 days (49 sales)
- **Typical time to close**: 69 days (49 sales)

Based on condo two-bedroom 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.

### Price trend

Median sale price, condo and house two-bedroom sales in Park Slope

| Year | Median sold price | Sales |
| --- | --- | --- |
| 2017 | $1,325,000 | 28 |
| 2018 | $1,201,250 | 16 |
| 2021 | $1,155,000 | 37 |
| 2022 | $1,852,500 | 34 |
| 2023 | $1,292,500 | 14 |
| 2024 | $1,442,500 | 16 |
| 2025 | $1,465,000 | 27 |
| 2026 YTD | $1,587,500 | 20 |

Based on recorded condo and house two-bedroom sales in Park Slope. 2026 is year-to-date.

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 561 5TH Street](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/561-5th-street)

## Price and Property History for 561 5TH Street, Unit 1

Review the recorded listing activity for 561 5TH Street, Unit 1, including asking-price changes and prior market dates.

- **Latest price change**: Reduced by $155,000, or 6.2%, on May 12, 2026
- **Originally listed**: March 19, 2026 at $2,500,000
- **Current asking price**: $2,345,000

| Date | Price | Listing event |
| --- | --- | --- |
| September 8, 2026 | $2,345,000 | Returned to the market |
| May 12, 2026 | $2,345,000 | Asking price reduced by $155,000, or 6.2% |
| March 19, 2026 | $2,500,000 | Listed for sale by Douglas Elliman Real Estate |

## Property Tax History

Taxes at 561 5th Street #1 were $8,159 in 2026, up 8.0% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $301,138 | $14,616 | $286,522 | $65,268 | $8,159 | 12.5% (estimated) |
| 2025 (FY 2025/26) | $250,990 | $14,616 | $236,374 | $60,434 | $7,554 | 12.5% (estimated) |
| 2024 (FY 2024/25) | $209,159 | $14,616 | $194,543 | $60,434 | $7,554 | 12.5% |
| 2023 (FY 2023/24) | $256,534 | $14,616 | $241,918 | $56,989 | $7,125 | 12.502% |
| 2022 (FY 2022/23) | $252,124 | $14,616 | $237,508 | $53,810 | $6,601 | 12.267% |
| 2021 (FY 2021/22) | $201,725 | $14,616 | $187,109 | $50,206 | $6,143 | 12.235% |
| 2020 | The City did not publish assessment data for this year. | — | — | — | — | — |
| 2019 | The City did not publish assessment data for this year. | — | — | — | — | — |
| 2018 (FY 2018/19) | $43,838 | — | — | $43,838 | $5,529 | 12.612% |
| 2017 (FY 2017/18) | $41,392 | — | — | $41,392 | $5,265 | 12.719% |
| 2016 (FY 2016/17) | $38,620 | — | — | $38,620 | $4,979 | 12.892% |
| 2015 (FY 2015/16) | $35,760 | — | — | $35,760 | $4,607 | 12.883% |
| 2014 (FY 2014/15) | $35,760 | — | — | $35,760 | $4,597 | 12.855% |
| 2013 (FY 2013/14) | $33,722 | — | — | $33,722 | $4,433 | 13.145% |
| 2012 (FY 2012/13) | $31,840 | — | — | $31,840 | $4,197 | 13.181% |
| 2011 (FY 2011/12) | $29,708 | — | — | $29,708 | $3,991 | 13.433% |
| 2010 (FY 2010/11) | $27,508 | — | — | $27,508 | $3,673 | 13.353% |

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 3010831001. 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

### 561 5th Street

561 5th Street, Brooklyn, NY 11215

A building in the neighborhood, currently featuring 1 active listing.

- **Year Built**: 1920
- **Active Units**: 1
- **Floors**: 4

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/561-5th-street)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [1](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/561-5th-street-1-ny-11215) | 2 | 2 | 1,816 sqft | $1,291 | $2,345,000 (-6.2%) | Douglas Elliman Real Estate | Mar 25, 2026 | 188 days |

### Recently Sold (1)

| Unit | Beds | Baths | Size | Price / Ft² | Sold Price | Listing Office | Listed Date | Sold Date |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [4](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/561-5th-street-4-ny-11215) | 2 | 2 | 1,200 sqft | $1,667 | $1,999,900 | Corcoran Group | Jun 1, 2026 | Aug 26, 2026 |

## Potential NYC Second-Home Tax

This property may be subject to New York City’s non-primary residence surcharge if it is not used as a qualifying primary residence. The surcharge is based on the NYC Department of Finance market value, not the listing price.

[Estimate the Potential Surcharge](https://realestaterebatesnewyork.com/calculators/nyc-second-home-tax-calculator)

## 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

- [561 5TH Street — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/561-5th-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.