SOLD FOR $1,812,500
Listed at $1,800,000 · Sold 0.7% above asking · Closed August 27, 2025
534 4th Avenue
MLS® #RLS11011921
Listing by Sothebys International Realty
3
Bedrooms
5.5
Baths
2,700
Sq. Ft.
1901
Year Built
Quick Summary
Property Highlights
- Character: Pre-war building (1901)
Property Details
Description
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.
Features & Amenities
Interior Features
Exterior Features
Building Information
Financial Details
About Gowanus
View All Gowanus ListingsGowanus features a striking mix of 19th-century brick warehouses, Greek Revival rowhouses, and new glass-and-steel condominiums rising along the canal waterfront. The F, G, R, D, and N/W trains are accessible at nearby Smith-Ninth Streets and Fourth Avenue-Ninth Street stations, with Atlantic Terminal a short walk north. Washington Park and the Old Stone House landmark anchor the neighborhood's green space, while a major rezoning is bringing thousands of new residential units and waterfront parkland to the area.
Gowanus Live Market Data
View NeighborhoodActive Listings
7
Median Asking Price
$1.68M
Median $/Sqft
$1,130
Avg Days on Market
N/A
New This Week
0
Price Reduced
29%
Sold (30 Days)
3
Median Sale Price
$1.65M
Live data from RLS at REBNY • Updated 3/23/26, 4:49 AM EST
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Location
534 4th Avenue, Gowanus, Kings County
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
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Listing Courtesy of Sothebys International Realty - Steve A Sallion
Listing Contact: (212) 431-2440
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RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 8:49 AM UTC