Real Estate

Back on the Market, Park Slope Limestone With Stained Glass, Coffered Ceiling Asks $3.9 Million

If this Axel Hedman-designed limestone looks familiar it may be because it’s been kicking around the market for nearly a decade.

Brooklyn Homes for Sale in Park Slope at 524 3rd Street

by Chris Erikson

07/26/2017 0

If this landmarked, Axel Hedman-designed Park Slope limestone looks familiar it may be because it’s been kicking around the market for a good while — nearly a decade, in fact. At 524 3rd Street in the Park Slope Historic District, the house appeared as a House of the Day six years ago, in a post noting how it’d gone unsold for nearly three years (and questioning why the same dark, cluttered, “depressing” photos kept appearing in the listings).

It’s been listed by no fewer than six agencies, at prices that started at just over $3.2 million, went down to $2.6 million, then up, down and back up again. Dormant for the past five years, and in lis pendens (with three filings since 2009), the house is now back again, with photos that are neither dark nor cluttered.

If you’re looking for clues as to why the house hasn’t sold in a market where such homes are in high demand, you won’t find it from the listing. By appearances it’s quite a grand five-bedroom, four-story manse, with a center staircase and some impressive details.

Those include crown moldings, Tiffany glass, inlaid parquet floors, mantels, and a mahogany-paneled dining room with a coffered ceiling.

Save this listing on Brownstoner Real Estate to get price, availability and open house updates as they happen >>

There’s an updated kitchen that’s quite nice, and sports a Viking range, dual ovens, a SubZero fridge and an abundance of white cabinetry.

The house is laid out with a triplex over a garden apartment. It’s a legal one-family though, so the bottom unit is marked on the floor plan as a “guest apartment.” A certificate of occupancy from 1971 notes a dentist office in the basement, so perhaps that has been a sticking point.

There’s no backyard, but there’s an enclosed wooden deck with bench seating off the kitchen. The mechanicals are “in fine working order and have been updated,” says the listing.

Listed by Thomas Bekhazi and Jeffrey Kessler of Warren Lewis/Sotheby’s, the house is asking $3,999,999, a sight higher than even the highest of the previous listings. Is it finally ready to move?

[Listing: 524 3rd Street | Broker: Warren Lewis/Sotheby’s] GMAP