$1,499,000
Updated 3 years ago
Sold

242 7th Street

Gowanus, Brooklyn | 3rd Ave & 4th Ave

6 Rooms4 Beds2.5 Baths1,575 Square FeetMulti-Family

$1,499,000
floors / apts2 / 2
Lot Size15'6"x100'
Built Size15'6"x35'
ZoneR6B
Building TypeTownhouse
RE Taxes$1,590
Price Per SF
$952

This property was sold for $1,400,000 on 02/28/23.

Property Description for 242 7th Street

Just Price Improved! Welcome to 7th Street. in The Much Desired area of " Park Slope". Offering... This Great and Rare Opportunity to Turn this Blank Canvas into Your Masterpiece Home. Positioned on a Quiet Tree Lined Block, Just Steps Away from 4th Avenue. This Park Slope Home, Provides Convenient Access to the Ninth Street Station, and Endless Amenities, With Elegant Restaurants along 5th Avenue. Make Your Dreams Come True , This Federal Style Red Brick Legal 2 Family offers 1,575 sq. of Living and *1,542 Sq. Ft. of Unused Far. Built in 1881. Do Not Miss this Opportunity. House will Be Delivered Vacant. Come and Call it Yours. Ready to be Sold! All Information is deemed accurate, Subject to Errors and Omissions. Buyers to do Your Diligence. Being Sold As Is.

Building Details for 242 7th Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts2/2
Learn More About the Building

Transit and Citi Bike

Subway

4 Av-9 St
0.06 miles
Smith-9 Sts
0.42 miles
Union St
0.47 miles
Prospect Av
0.5 miles

Citi Bike

4 Ave & 9 St
0.09 miles
7 St & 3 Ave
0.1 miles

Contact Agent

Contact Agent

Barbara Horan
Fillmore Real Estate

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: 88618TH