#RLS11033300, Terry Robison, Listing Office: Douglas Elliman Real Estate
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534 4th Ave New York City, NY 11215
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
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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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
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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.
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.
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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.