NOT LISTED FOR SALE

554 4th Ave Unit 5A Gowanus, NY 11215

Gowanus Neighborhood

Estimated Value: $790,600 - $904,000

1 Bed
1 Bath
698 Sq Ft
$437/mo HOA Fee

Last Sold June 15, 2020

Last sale price $616,000 $883 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,845/month

847 Days on Market

Highlights

  • Newly Remodeled
  • 2-minute walk to Prospect Avenue (D,M,N,R Line)
  • New Windows
  • P.S. 124 Silas B Dutcher Rated A-
  • Pre War Building

About This Home

As of June 2020

Introducing 554 Fourth Avenue, an extraordinary collection of 40 one- and two-bedroom residences set within a captivating, contemporary glass facade.

Closings in Q1 2020!

Unit 5A is an amazing 1-bedroom home with floor-to-ceiling windows providing exceptional light from the East. The kitchen features an oversized island with breakfast bar seating perfect for entertaining & casual dining.

Finishes exude modern luxury with marble bathrooms, marble kitchen countertops & backsplashes, along with Bosch & Kitchen Aid stainless steel appliance packages. Other features include, wide-plank white oak hardwood flooring, seven-foot red oak interior doors, and abundant closet space. Each home at 554 Fourth was meticulously constructed with the best quality materials and careful attention to detail. Individual units may also be combined to form larger homes & all homes include in-unit washer/dryer hookups.

Located amongst the tree-lined streets and historic brownstones of cozy & vibrant Park Slope neighborhood, these homes provide luxury living in one of Brooklyn's most desirable neighborhoods. These boutique residences offer breath-taking views not only of Historic Park Slope but also the Manhattan Skyline, New York Harbor & the Statue of Liberty. The floor-to-ceiling windows and outdoor spaces provide for exceptional sunrise and sunset views amid these iconic landmarks.

Last Agent to Sell the Property

Shai Bernstein

Douglas Elliman Real Estate License #10301211975 Listed on: 10/24/2017

Douglas Elliman Real Estate

Co-Listed By

Noam Gottlieb

Douglas Elliman Real Estate License #10301213890

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,688

Year Built

  • Built in 2017 | Newly Remodeled

HOA Fees

  • $437 Monthly HOA Fees

Home Design

  • Pre War Building

Interior Spaces

  • 698 Sq Ft Home
  • New Windows

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling

Community Details

  • Gowanus Subdivision
  • 11-Story Property

Listing and Financial Details

  • Tax Block 1046

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,688

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$437 per month

Listing Details

  • Cross Street: 15th St
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: GOWANUS
  • Architectural Style: Prewar
  • Entry Level: 99
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Living Area: 698.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3
  • Accessibility Features: Wheelchair Access
  • Window Features: New Windows

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 437.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • Total Stories: 11
  • Year Built: 2017

Tax Info

  • Tax Block: 1046
  • Tax Annual: 8688.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2017
Closed on
Jun 15, 2020
Sold by
550 4Th Ave Investor Llc
Bought by
Feng Eric Bojun
Seller's Agent
Shai Bernstein
Douglas Elliman Real Estate
List Price
$616,000
Sold Price
$616,000
Current Estimated Value
$831,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,150
Avg. Annual Appreciation
5.93%
Original Mortgage
$450,000
Outstanding Balance
$400,648
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$430,502
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Feng Eric Bojun $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Eric Bojun $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $616,000 0.0% $883 / Sq Ft
02/19/2020 02/19/20 Pending -- -- --
10/24/2017 10/24/17 For Sale $616,000 -- $883 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,660 $86,387 $4,221 $82,166
2024 $10,660 $91,673 $4,221 $87,452
2023 $10,215 $88,538 $4,221 $84,317
2022 $8,788 $78,611 $4,221 $74,390
2021 $6,581 $53,648 $4,221 $49,427
2020 $7,278 $59,398 $4,221 $55,177
2019 $7,293 $59,398 $4,221 $55,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10625123

Real Estate Board of New York (REBNY)

APN: 01046-1011