534 4th Avenue

$1,900,000
Price
3
Beds
4
Baths
1
1/2 Bath
2,700 Sq. Ft.
$704 / Sq. Ft.
2,700
Sq. Ft.
$704
per Sq. Ft.

Description

Fantastic Investment Opportunity in Prime Brooklyn Location Discover this meticulously maintained, legal 3-family brick home located at the border of Park Slope and Gowanus. Spanning 20 feet in width and 45 feet in depth, delivered vacant this property offers versatile living spaces with incredible potential. Property Features:
- 1st Floor Unit: A spacious 1-bedroom apartment with an additional office that can be easily converted into a second bedroom. This level can also be duplexed with the fully
...Fantastic Investment Opportunity in Prime Brooklyn Location Discover this meticulously maintained, legal 3-family brick home located at the border of Park Slope and Gowanus. Spanning 20 feet in width and 45 feet in depth, delivered vacant this property offers versatile living spaces with incredible potential. Property Features:
- 1st Floor Unit: A spacious 1-bedroom apartment with an additional office that can be easily converted into a second bedroom. This level can also be duplexed with the fully finished basement for expanded living space. This level can also be duplexed with the fully finished basement for expanded living space - 2nd & 3rd Floor Units: Each features a junior 2-bedroom layout, offering flexibility for conversion to create additional bedrooms or living areas. - 2nd & 3rd Floor Units: Each features a junior 2-bedroom layout, offering flexibility for conversion to create additional bedrooms or living areas - Unfinished basement: Primed to duplex with 1st Floor Unit to create recreational area. - Unfinished basement: Primed to duplex with 1st Floor Unit to create recreational area - Outdoor Space: Enjoy a private courtyard accessible from the basement, perfect for outdoor relaxation or entertaining. With well-maintained roofing and mechanicals, this property is in "move-in ready or primed for a renovation to meet your needs. The building offers significant upside potential, with 3,905 sq ft of unused FAR allowing for vertical expansion. Situated in a highly desirable area, this home is surrounded by new condo developments, adding value to the neighborhood. Enjoy convenient access to Manhattan and Downtown Brooklyn via the nearby R, F, and G subway lines, as well as multiple bus routes. Whether you're looking for a family home with rental income potential or an investment (condo conversion or rental) with room to grow, this property is an excellent choice.

Property Details for 534 4th Avenue

Zoning
C2-4/R8A/EC-1
LISTING UPDATED: 10/10/2024 11:00 AM

Property Details for 534 4th Avenue

StatusActive
MLS IDPRCH-35229564
Days on Market83
Taxes$404 / month
Maintenance-
Min. Down Pymt10%
Total Rooms12.0
Compass TypeTownhouse
MLS TypeHouse/Building
Year Built1901
Lot Size1,097 SF / 20' x 54'
CountyKings County

Building

534 4th Ave

3 Units3 StoriesBuilt in 1901

Building Information for 534 4th Avenue

Stories3Residences3Year Built1901Building Size20' x 45'Building Sq. Ft2,700 SFLot Size1,097 SF / 20' x 54'Building Age-Building Type-

Property Information for 534 4th Avenue

Summary
Location and General Information
  • Subdivision Name: Gowanus
  • Stories Total: 3
  • Garage Spaces: 0.0
Taxes and HOA
  • Tax Lot: 0042
  • Tax Block: 01040
  • Association Fee Frequency: Monthly
  • Building Tax Lot: 0042
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Living Area: 2700.0
  • Building Area Total: 2700.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 20.0 x 54.83
  • Living Area Units: SquareFeet
  • Lot Size Source: PublicRecords
Building Information
  • Area Under FAR: 3905.0
  • Building Exterior Features: None
  • Building Laundry Features: InBasement, OnCommonFloor
  • Building Pets Allowed: BuildingYes
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: No
  • Common Interest: None
  • Current Use: MultiFamily
  • New Construction: No
  • Structure Type: House, Townhouse, MultiFamily
  • Property Condition: Good
Interior and Exterior Features
Exterior Features
  • Exterior Features: Courtyard
  • Pool Features: None
  • Spa: No
Interior Features
  • Fireplace: No
  • Furnished: Unfurnished
  • Interior Features: Storage
  • Laundry Features: InBasement, OnCommonFloor
  • ElevatorsTotal: 0
  • Size Dimensions: 20 x 45
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Rental
Rental Information
  • Pets Allowed: UnitCatsOK, UnitDogsOK
  • Delivered Vacant: Yes
  • Availability Date: 09-26-2024
  • Attendance Type: None
  • Owner Pays: None

Property History for 534 4th Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 534 4th Avenue

Taxable ValueLand$17,280Additions$105,060Total$122,340
Home Facts
Total Finished SqFt2,700 SqFtLot Size1,097 SqFtYear Built1901ZoningC44DAPN3010400042

Schools near 534 4th Avenue

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
P.S. 124 Silas B Dutcher
PublicPK to 5

John Jay School for Law
Public9 to 12

Maurice Sendak Community School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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534 4th Avenue is a townhouse for sale in Gowanus. This property was listed for sale on September 26, 2024 by Sothebys International Realty, it's currently listed at $1,900,000. This listing's school district is Nyc Geog District #15 - Brooklyn. Nearby schools include P.S. 124 Silas B Dutcher, New Voices School Of Academic And Creative Arts and John Jay School for Law. 534 4th Avenue is a 3-bed, 4.5-bath, 2,700 sqft townhouse built in 1901.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sothebys International Realty

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.