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for saleRealtyLens property overview
$3,800,000
486 3rd Ave
Brooklyn, NY, 11215
View more Brooklyn, NY property pages19Beds
16Baths
6,480Sqft
$586$/sqft
Market Insights
Below nearby median-48%
$586/sqft vs a nearby median of $1127/sqft.
Nearby median$1127/sqft
Nearby properties8
Property size6,480 sqft
- -48% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 6,480 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$7.30M$6.65M – $7.96M · 50% confidence
vs ask $3.80M−$3.50M (−92.2%)
Asking price is about 92.2% below the fair value — likely to draw competing offers if it's still on market.
$1,127/sqft median across 7 tight comps × 6,480 sqft= $7.30M
- Transit access+$183k +2.5%
- Pre-war character+$183k +2.5%
- Visible condition issues−$146k −2.0%
- Open Class C HPD violations−$110k −1.5%
- Days-on-market gravity−$110k −1.5%
Cumulative NYC adjustments+$0+0.0%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 112 days
- Last price change
- No change recorded
- Listed
- Jan 20, 2026
- Photos
- 4 photos
- Property type
- multi family
- Status
- for sale
Building Facts
- Year built
- 1940
- Stories
- 4
- Total units
- 16
- Residential units
- 16
- Building area
- 6,480 sqft
- Lot size
- 2,267 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C1
From NYC public records where available.
Price History
May 4, 2026Initial record
$3,800,000for sale
Public Records
DOB violations1 open
8 total recorded against the building
HPD violations30 open
1 class C (immediately hazardous)
ACRIS documents46
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)29,787
Top: illegal parking
Top complaint types in ZIP 11215
- Illegal Parking6,054
- HEAT/HOT WATER2,144
- Street Condition1,124
- Noise - Residential942
- Snow or Ice941
Recent DOB
- Jan 19, 2007V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
- Jan 31, 2005V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
- Feb 13, 2004V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
- Mar 19, 2003V*-DOB VIOLATION - DISMISSED · LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Recent HPD
- Jun 5, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Apr 3, 2024Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Mar 17, 2023Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Feb 18, 2022Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
Recent Transfers (ACRIS)
- Nov 23, 2020DEED
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.