$1,950,000
Updated 3 years ago
Off Market

534 4th Ave

Gowanus, Brooklyn | 14th Street & 15th Street

12 Rooms3 Beds4 Baths2,700 Square FeetMulti-Family

$1,950,000
floors / apts3 / 3
Lot Size20'x54'
Built Size20'x45'
ZoneR8A
Building TypeHouse
RE Taxes$4,476
Price Per SF
$722

Building Amenities

  • Courtyard

Property Description for 534 4th Ave

Fantastic opportunity to own a 20' wide legal 3 family brick home on the border of Park Slope and Gowanus. This home has been meticulously cared for. The roof and mechanicals are in excellent condition. 1st floor apartment is a large 1 bedroom with an office that could be a 2nd bedroom. 2nd and 3rd floors are each jr. 2 bedrooms - both floors can be converted to create multiple bedrooms. The first floor could be duplexed with the finished basement. 1st and 3rd floors will be delivered vacant. The 2nd floor has a wonderful tenant whose lease ends November 2023. There is a small private courtyard off the basement. Prime location, located in between R,F,G trains and various bus lines for accessible commuting to Manhattan or Downtown Brooklyn. 3905 ft of unused FAR.

Building Details for 534 4th Ave

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Prospect Av
0.14 miles
4 Av-9 St
0.23 miles
Smith-9 Sts
0.49 miles

Citi Bike

16 St & 4 Ave
0.09 miles
12 St & 4 Ave
0.11 miles

Contact Agents

Contact Agents

Melissa Leifer
Keller Williams NYC
Andre Michael Coles
Keller Williams NYC

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: 89348TH