$3,940,000
Updated 5 years ago
Sold

554 4th Ave, PH-11B

Gowanus, Brooklyn | 15th Street & 16th Street

10 Rooms5 Beds4.5 Baths4,480 Square FeetCondo

$3,940,000
Common Charges$3,049
RE Taxes$3,828
Price Per SF
$879

Listing Features

  • Abundant Closets
  • Corner Apartment
  • Duplex
  • Entry Foyer
  • Galley Kitchen
  • High Ceilings [13']
  • Home Office
  • Laundry Room
  • Library / Den
  • Penthouse/Top Flr
  • Private Elevator
  • Recessed Lighting
  • Separate Dining Area
  • Straight Staircase
  • W/D Hookups
  • Flr-to-Clg Windows
  • Center Island
  • Dishwasher
  • Eat-in Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Windowed Kitchen
  • Double Vanity
  • En Suite Bathroom
  • Powder Room
  • Soaking Tub
  • Stall Shower

Outdoor space and views

  • Private Roof
  • Terrace
  • City Views
  • Skyline Views
  • Statue of Liberty
  • East Exposure
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Virtual Doorman
  • Bike Storage
  • Elevator
  • Fitness Facility
  • Roof Deck
  • Storage

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 554 4th Ave, PH-11B

The opportunity of a lifetime awaits in this never before offered Penthouse. Positioned high above any neighboring buildings, the Penthouse at 554 Fourth Avenue stuns with panoramic views of the Manhattan skyline and New York Harbor. Exit your private keyed elevator into a gracious foyer and gallery. You are immediately wowed by the dramatic great room with 13-foot ceilings and floor-to-ceiling windows that perfectly frame Manhattan's iconic skyline. The open layout allows a seamless flow from room to room as the open views lead you around the space. The Penthouse spans 4,480 square feet of interior space and offers over 1,567 square feet of exterior space all included in seven private terraces. Currently configured with five bedrooms and four-and-a-half bathrooms, the space can easily be adjusted to fit your needs. Tucked downstairs and away for the entertaining spaces, you will find four more bedrooms. An oversized laundry room and an additional den/office complete the space. Additional features of this one-of-a-kind residence include radiant heat throughout the entire apartment, central HVAC and a gas hookup on the main terrace. Positioned in one of the city's most sought-after residential destinations, 554 Fourth Avenue rests right in the intersection of Park Slope, Gowanus and Red Hook. With close proximity to Prospect Park, numerous options for public transportation and some of the city's best restaurants, there's no question why this has become one of the city's hottest new neighborhoods.

Listing History for 554 4th Ave, PH-11B

Now
11/12/2021
$3,940,000
Sold and Closed by Doron Zwickel
CORE
08/23/2021
Contract Signed by Doron Zwickel
CORE

Building Details for 554 4th Ave

OwnershipCondo
Building TypeMid-Rise
Service LevelVirtual Doorman
AgePost-War
AccessElevator
Year Built2017
Financing Allowed90%
Floors/Apts11/40
Learn More About the Building

Transit and Citi Bike

Subway

Prospect Av
0.1 miles
4 Av-9 St
0.28 miles

Citi Bike

16 St & 4 Ave
0.04 miles
4 Ave & 17 St
0.09 miles

Contact Agent

Contact Agent

Gowanus | Brooklyn

Quick Profile

Gowanus is a colorful neighborhood with an industrial aesthetic, tree-lined streets, historic structures, as well as luxury condos and rental buildings. It has a great art scene, fantastic eateries and bars and a 1.8-mile canal that snakes through most of the neighborhood. The variety of elements make it a desirable place to live.  

The neighborhood is on the crest of a major change due to a recently passed rezoning plan that will allow more residential construction. Especially around the Gowanus Canal where construction was once prohibited. The plan will bring new jobs, affordable housing, and create a neighborhood with walkable green spaces and amenities. It’s safe to say that change is coming to Gowanus.  

Gowanus is bounded by Hoyt Street to the west, 4th Avenue to the east, Warren Street, Baltic Street and Wycoff Street to the north, and Gowanus Expressway to the south.

The neighborhood is named after Gouwane, a chief in the Canarsie Indian tribe. His name, according to the history books, translates to “the sleeper.” Other historic accounts say that the Gowanus name comes from the Dutch word gouwee, which translates to the word bay. Based on early New York History surrounding Dutch settlers and native tribes, both accounts seem plausible. 

Gowanus began development as far back as the 1630s when the Dutch arrived. They began building farms and soon realized the marshy lands they settled were not the best for growing crops and farming. They began damming up certain areas of the land with hopes of creating better soil and powering their windmills. This was the beginning of the formation of the Gowanus canal.

The natural estuary was once brimming with oysters and fish. But in the 1800s, the canal was turned into an industrial and transportation waterway. In the mid 1900’s, industrial factories like manufactured gas plants, paper mills, and other businesses opened along the canal and casually polluted the water. It’s cleanup efforts have come a long way but there is still much work to be done. 

The newly approved Gowanus rezoning plan has caused lots of buzz this year. Mayor Bill DeBlasio's plan will rezone 82 blocks which will pave the way for an estimated 8,500 new apartments, 3,000 of which would be offered to low and moderate-income New Yorkers. The plan includes major improvements to the local infrastructure. Although the rezoning plan might not create a housing boom today or tomorrow, proponents say the rezoning sets the stage for major growth in Gowanus in the decades to come.

The F, G, D, N, R, and W subway lines service the Gowanus neighborhood.

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.
OLR ID: 1828925