Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,812,500

Listed at $1,800,000 · Sold 0.7% above asking · Closed August 27, 2025

SOLD: 534 4th Avenue
SOLD $1,812,500
Sold Multi Family

$1,812,500

$671 per sq ft

Listed at $1,800,000 +$12,500 vs asking

534 4th Avenue

Gowanus, Brooklyn

MLS® #RLS11011921

RLS at REBNY

Listing by Sothebys International Realty

3

Bedrooms

5.5

Baths

2,700

Sq. Ft.

1901

Year Built

Sale Details

Sale Price $1,812,500
Original List Price $1,800,000
First Listed At $1,900,000
Close Date August 27, 2025
vs. Asking Sold 0.7% above asking

Property Summary

Bedrooms 3
Bathrooms 5 full, 1 half
Living Area 2,700 sq ft
Year Built 1901
Ownership None
Property Taxes $4,848/yr
Neighborhood Gowanus

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.

Property Details

Type Multi Family
Ownership None
Total Rooms 8
Year Built 1901
Living Area 2,700 sq ft

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Listing courtesy of Steve A Sallion at Sothebys International Realty. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the 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. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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