NOT LISTED FOR SALE

554 4th Ave Unit 5B Gowanus, NY 11215

Gowanus Neighborhood

Estimated Value: $751,173 - $860,000

1 Bed
1 Bath
661 Sq Ft
$414/mo HOA Fee

Last Sold March 13, 2020

Last sale price $670,000 $1,014 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,719/month

29 Days on Market

Highlights

  • Full Time Doorman
  • 2-minute walk to Prospect Avenue (D,M,N,R Line)
  • Newly Remodeled
  • P.S. 124 Silas B Dutcher Rated A-

About This Home

As of March 2020

Introducing 554 Fourth Avenue, a striking new condominium development with a captivating modern contemporary glass fa?ade featuring 40 residences. Experience awe-inspiring Manhattan, East River, Statue of Liberty and sunset views from the residences featuring the highest quality materials and exceptional attention to detail.







With striking interiors, incredible layouts and amenities, located in Gowanus at the intersection of Park Slope, an elegant neighborhood surrounded by tree-lined streets and magnificent turn-of-the-century architecture.







Take advantage of top-rated restaurants, excellent shopping and exciting nightlife, as well as proximity to the Brooklyn Academy of Music, the Brooklyn Botanic Garden, the Brooklyn Museum, the famed Prospect Park and moments away from the R, F & G subway stations.

Last Agent to Sell the Property

Ariel Tavivian

Douglas Elliman Real Estate License #10301213955 Listed on: 10/24/2017

Douglas Elliman Real Estate

Co-Listed By

Yair Tavivian

Douglas Elliman Real Estate License #10301212650

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,232

Year Built

  • Built in 2017 | Newly Remodeled

HOA Fees

  • $414 Monthly HOA Fees

Home Design

  • 661 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Washer Dryer Allowed
  • Property is in good condition

Listing and Financial Details

  • Tax Block 01046

Community Details

Overview

  • 36 Units
  • Brooklyn Subdivision
  • 11-Story Property

Amenities

  • Full Time Doorman
  • Full Time Lobby Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,232

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$414 per month

Listing Details

  • Cross Street: 15 STREET and 16 STREET
  • Delivered Vacant: Yes
  • BuildingRules: BuildingWasherDryerAllowed
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Brooklyn
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Appliances: Washer Dryer Allowed
  • Living Area: 661.0
  • Living Area Units: Square Feet
  • Floor Number: 5

Beds/Baths

  • Bathrooms Total: 1.0
  • Full Bathrooms: 1
  • Bedrooms: 1

Exterior Features

  • Property Condition: Good

Garage/Parking

  • Garage: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 414.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium
  • ResoAssociationFeeFrequency: Monthly

Building Info

  • New Construction: Yes
  • New Development: Yes
  • Units: 36
  • Total Stories: 11
  • Year Built: 2017
  • Lobby Attendance Type: DoormanFullTime, LobbyAttendantFullTime

Tax Info

  • Tax Block: 01046
  • Building Tax Lot: 0037
  • Tax Annual: 8232.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2017
Closed on
Mar 13, 2020
Sold by
550 4Th Ave Investor Llc
Bought by
Yun Elbert
Seller's Agent
Ariel Tavivian
Douglas Elliman Real Estate
List Price
$700,000
Sold Price
$670,000
Premium/Discount to List
-$30,000
-4.29%
Current Estimated Value
$819,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,293
Avg. Annual Appreciation
3.75%
Original Mortgage
$420,000
Outstanding Balance
$372,875
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$446,418
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
Yun Elbert $670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yun Elbert $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $670,000 -4.3% $1,014 / Sq Ft
10/24/2017 10/24/17 For Sale $700,000 -- $1,059 / 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 $10,095 $81,807 $3,997 $77,810
2024 $10,095 $86,813 $3,997 $82,816
2023 $7,980 $83,844 $3,997 $79,847
2022 $6,879 $74,444 $3,997 $70,447
2021 $5,142 $50,804 $3,997 $46,807
2020 $6,891 $56,249 $3,997 $52,252
2019 $6,905 $56,250 $3,997 $52,253
Source: Public Records

Agents Affiliated with this Home

  • Ariel Tavivian

    Seller's Agent in 2020

    Ariel Tavivian

    Douglas Elliman Real Estate

    (347) 530-6603

    6 in this area

    32 Total Sales

    Ariel Tavivian
    Section Image
  • Yair Tavivian

    Seller Co-Listing Agent in 2020

    Yair Tavivian

    Douglas Elliman Real Estate

    (212) 891-7111

    13 in this area

    131 Total Sales

    Yair Tavivian
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10755532

Real Estate Board of New York (REBNY)

APN: 01046-1012

New York Kings County Brooklyn 11215 Gowanus

554 4th Ave Unit 5B, Brooklyn, NY

This home is located at 554 4th Ave Unit 5B, Gowanus, NY 11215 since 24 October 2017 and is currently estimated at $819,293, approximately $1,239 per square foot. This property was built in 2017. 554 4th Ave Unit 5B is a home located in Kings County with nearby schools including P.S. 124 Silas B Dutcher, Hellenic Classical Charter School - Park Slope, and Al-Noor School.

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Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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