$1,900,000

534 4th Ave New York City, NY 11215

$10,000
Closing credit¹
3 beds
4 full, 1 partial
2,700 sqft
$704 / sqft
Townhouse

Property details

About 534 4th Ave

*Accepted Offer* Fantastic Investment Opportunity in Prime Brooklyn Location Discover this meticulously maintained, legal 3-family brick home located at the border of Park Slope and Gowanus. Spanning 20 feet in width and 45 feet in depth, delivered vacant this property offers versatile living spaces with incredible potential. Property Features: - 1st Floor Unit: A spacious 1-bedroom apartment with an additional office that can be easily converted into a second bedroom. This level can also be duplexed with the fully finished basement for expanded living space. - 2nd & 3rd Floor Units: Each features a junior 2-bedroom layout, offering flexibility for conversion to create additional bedrooms or living areas. - Unfinished basement: Primed to duplex with 1st Floor Unit to create recreational area. - Outdoor Space: Enjoy a private courtyard accessible from the basement, perfect for outdoor relaxation or entertaining. With well-maintained roofing and mechanicals, this property is in "move-in ready or primed for a renovation to meet your needs. The building offers significant upside potential, with 3,905 sq ft of unused FAR allowing for vertical expansion. Situated in a highly desirable area, this home is surrounded by new condo developments, adding value to the neighborhood. Enjoy convenient access to Manhattan and Downtown Brooklyn via the nearby R, F, and G subway lines, as well as multiple bus routes. Whether you're looking for a family home with rental income potential or an investment (condo conversion or rental) with room to grow, this property is an excellent choice.

Highlights

Home typeTownhouse
StatusActive
Size2,700 sqft
Year built1901
MLS #RLS11011921

Summary

  • MLS Number: RLS11011921
  • MLS Name: RLS
  • Office Name: Sothebys International Realty
  • Office Phone: (212) 606-7660
  • Office Email: joann.schwimmer@sothebyshomes.com
  • Listing Agent: Steve Sallion
  • Agent Phone: (212) 431-2440

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Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/23/2025, 7:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$1,900,000

534 4th Ave

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

3

P.S. 124 Silas B. Dutcher School

Public District KG-5

0.1 mi

515 4th Ave

8

The Maurice Sendak Community School

Public District PK-4

0.3 mi

211 8th St

9

P.S. 39 Henry Bristow School

Public District KG-5

0.5 mi

417 6th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $54,773. Most New York City, NY residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

36%
<35k
33%
35k-100k
27%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

61%
Single, No Kids
9%
Single, with Kids
15%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
6%
12-17 yrs old
40%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • TennisTennis
  • Art MuseumsArt Museums

Where do the neighbors shop?

  • H&MH&M
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • BMWBMW
  • AudiAudi

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 534 4th Ave

This home is located at 534 4th Ave in New York City, NY and zip code 11215 in the South Brooklyn neighborhood. This 2,700 square foot home was built in 1901. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $1,900,000.

In January 2025 more than 208 listings in New York City, NY were sold above the asking price. During the same period more than 890 listings were sold at asking price, while more than 759 were sold below. Between December and January 2025, New York City, NY real estate market has seen decrease in the number of listings by 3.4%. While the average time on the market in January 2025 was 79 days, the median list price was $862,270.

From Rocket Homes Real Estate and based on county public records data.

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