$795,000
Updated 4 years ago
Sold

554 4th Ave, 7-D

Gowanus, Brooklyn | 15th Street & 16th Street

4 Rooms1 Bed1 Bath699 Square FeetCondo

$795,000
Common Charges$446
RE Taxes$618
Price Per SF
$1,137

This property was sold for $835,000 on 12/21/22.

Listing Features

  • Abundant Closets
  • Corner Apartment
  • Hardwood Floors
  • High Ceilings [10']
  • Open Space
  • Solid Wood Doors
  • Storage Closet
  • Washer / Dryer
  • Flr-to-Clg Windows
  • Adjoining Pantry
  • Center Island
  • Dishwasher
  • Open Kitchen
  • Marble Bathroom

Outdoor space and views

  • Balcony
  • City Views
  • Empire State Bldg
  • New York Harbor
  • Skyline Views
  • Statue of Liberty
  • North 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, 7-D

Welcome to the 554 Fourth Avenue Condo, a modern condo building nestled on the border of Gowanus and Park Slope and within minutes' walk from F/G/R train, vibrant 5th Ave retail corridor, and Prospect Park. 

Unit 7D is a spacious Northwest facing 1 bedroom unit with oversized floor to ceiling corner windows and stunning Manhattan skyline and Statue of Liberty view. The unique layout features an open kitchen/dining/living room with a generously-sized marble island and pantry storage. The master bedroom on the opposite end of the apartment features a generously-sized closet and the room can easily accommodate both a king size bed, dresser and a desk. The unit also features a private outdoor balcony perfect for lounging while taking in the magical sunset.

The unit also features Bosch and Kitchen Aid appliances, marble kitchen countertops & backsplashes, marble bathrooms, glass sliding shower door, wide oak hardwood flooring, multiple closets, in-unit washer/dryer, and central heating/cooling. The front door also has a smart lock and an upgraded door camera security system with smart phone access. 

Building amenities include a common outdoor terrace, fitness center, bike room and a package room.

Listing History for 554 4th Ave, 7-D

Now
12/22/2022
$835,000
Sold and Closed by Henry Yang
Modern Spaces, LLC
10/13/2022
Contract Signed by Henry Yang
Modern Spaces, LLC

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

Henry Yang
Modern Spaces, LLC

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: 1997355