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This block of 3rd Street— between 7th and 8th Avenues— is lovely and the houses are priced accordingly. Last summer, 527 3rd Street sold for $3,225,000 (less than its original list price of $3,400,000). Now the limestone at 524 3rd Street is on the market for $3,200,000. The interior is probably nicer than the drab photos reveal. There’s nice original detail and the kitchens and bathrooms appear to have been updated recently (as have mechanicals). The house has a total of about 3,700 square feet, but 1/4 of that is virtually subterranean so it’s hard to say whether overall it deserves to be priced at almost $900 a foot. Guess the market will provide the answer to that one.
524 3rd Street [Coldwell Banker] GMAP P*Shark


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  1. now that the financial world has been injected with 200 billion dollars and the stock market has soared, has anyone else noticed who is missing from the landscape today with his regurgitated headlines about the end of the world???

  2. you forgot two things
    – great deal compared to what $ will buy on the UWS
    – PS is a 15 minute door-to door commute to mid-town Manhattan – it is actually closer to Manhattan than any other neighborhood in Brooklyn.

  3. With a one-family this size it’s hard to judge what a fair rental price would be, but, for evaluating the underlying current ownership cost — the rental equivalency is about $20,000 a month. Seems high to me.

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