Updated 6 days ago
In contract

500 4th Ave, 5-P

Gowanus, Brooklyn | 12th Street & 13th Street

3 Rooms1 Bed1 Bath620 Square FeetCondo

$795,000
Common Charges$1,116
RE Taxes$532
Price Per SF
$1,282

Listing Features

  • Security System
  • Separate Dining Area
  • Washer / Dryer
  • Wall of Windows
  • Center Island
  • Dishwasher
  • Gourmet Kitchen
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Soaking Tub

Outdoor space and views

  • Terrace
  • Wrap Terrace
  • City Views
  • South Exposure
  • West Exposure

Building Amenities

  • Full Service
  • Bike Storage
  • Billiards Room
  • Business Center
  • Cold Storage
  • Elevator
  • Facility Kitchen
  • Fitness Facility
  • Garage
  • Hotel Service
  • Playroom
  • Resident Lounge
  • Roof Deck
  • Screening Room
  • Storage
  • Valet Service

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 500 4th Ave, 5-P

If you have been waiting for a truly dramatic and spacious home with unrivaled views and outdoor space, look no further than 5P at 500 4th Avenue. This 620 SF 1 bed, 1 bath home is an exclusive one-of-a-kind layout for the building that is unmatched in its combination of outdoor space, panoramic views of Manhattan, Brooklyn, the water, the skyline, and many NYC landmarks. Perched high atop the building with South and West exposures looking over the neighboring rooftops, you will have a front row seat to the best views in town, amazing privacy, and an unrivaled 902 SF private terrace so you can enjoy it from both inside AND outside. This terrace is just simply heart-stopping in scale and view, and large enough for full-scale gardening, lounging, entertaining and BBQ'ing. So plan your 4th of July party today, or just don your gardener's gloves and get to work on creating a show-stopping garden in the sky.

Even better, the interior of this spectacular home features the perfect 1-bedroom layout. A formal entranceway offers a discrete bathroom entrance, an ample hall closet, and a bedroom nicely separated from the living space. A surprisingly spacious and well-designed kitchen offers up an enormous eating and prep island, as well as a Viking appliance package, striking marble countertops, and ample lacquer and glass cabinetry. The living room offers more than enough space for living AND dining, and the perfect wall of west-facing sliding glass doors that allow easy access to your astonishing terrace. The corner orientation of this home also allows for a second full wall of windows facing south, guaranteeing a home flooded with light all day, every day. And don't miss the ample closets and your very own washer and dryer too! A spa-like bathroom has been designed with Gaudi marble flooring, limestone walls accented with glass mosaics, and a deep soaking tub with shower.

500 4th Avenue is one of the only white glove CONDO buildings in all of Park Slope. The building itself features an attended parking garage with monthly spaces for rent, 24 hr. doorman, and hotel-like amenities including a gym, playroom, a residents' lounge, home theatre, and game room. This is a stunning building located with every convenience right outside your door, including the F/G/R trains a block away, Whole Foods, and an amazing array of world-class dining, shopping and amenities in every direction. A short jaunt up the hill takes you to Prospect Park as well. The low common charges and taxes make luxury finally affordable within an easy commuting distance into Manhattan, and no sacrifices required.

Listing History for 500 4th Ave, 5-P

Now
06/23/2026
Contract Signed by Deborah L. Rieders
Corcoran
05/26/2026
$795,000 [-$54,000] [6.4%]
Price Drop by Deborah L. Rieders
Corcoran

Building Details for 500 4th Ave

OwnershipCondo
Building TypeMid-Rise
Service LevelFull Service
AgePost-War
AccessElevator
Year Built2010
Financing Allowed90%
Floors/Apts12/156
Learn More About the Building

Transit and Citi Bike

Subway

4 Av-9 St
0.13 miles
Prospect Av
0.24 miles
Smith-9 Sts
0.45 miles

Citi Bike

12 St & 4 Ave
0.01 miles
3 Ave & 14 St
0.14 miles

Contact Agents

Contact Agents

Licensed As
Deborah Lee Rieders
Associate Broker
License#:
30RI0955004
Company:
Corcoran
Licensed As
Sarah Deidre Shuken
Associate Broker
License#:
10301210822
Company:
Corcoran
Licensed As
Dario Nolfi
Salesperson
License#:
10401279740
Company:
Corcoran
View this property on the company's website

Building Availability

APPSF
Median
Average
$1,205
$997,500
$997,500
Last 12 months
$1,245
-
-
Last 12 months
$67
-
-

One Bed in Gowanus

APPSF
Median
Average
$1,223
$1,007,500
$1,007,500

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: 685523