$806,701 - $937,000
RENTED MAR 25, 2025

554 4th Ave Unit 8E Gowanus, NY 11215

Gowanus Neighborhood
1 Bed
1 Bath
726 Sq Ft
2017 Built

Last Sold August 26, 2021

Last sale price $715,000 $985 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,583/month

Highlights

  • Rooftop Deck
  • 2-minute walk to Prospect Avenue (D,M,N,R Line)
  • Entrance Foyer
  • P.S. 124 Silas B Dutcher Rated A-
  • River View
  • Central Air

About This Home

As of March 2025

**Owners will cover condo application fees!**

Welcome to this spacious, bright, luxurious one bedroom, one bathroom home. With multiple exposures and thrilling views of the harbor, Lady Liberty herself, and the Manhattan skyline, this apartment is welcoming and comfortable. Situated in a recently built, boutique condominium at the nexus of Park Slope and Gowanus, everything you need is right here.

A gracious foyer is flanked by a stackable Bosch washer/dryer and a coat closet. Wide plank, white oak hardwood floors can be found throughout the home, with central heating and cooling to make things comfortable no matter the season. The gourmet kitchen is complete with black marble countertops, top-of-the-line appliances from Bosch and KitchenAid, including a dishwasher, gas range, and paneled refrigerator/freezer. There is seating for two at the breakfast bar, and under-cabinet lighting to set the scene for cozy dinners or hosting friends.

At the opposite end of the large living and dining space is the bathroom, clad in floor-to-ceiling marble tiles, with a deep soaking tub/rain shower and integrated medicine cabinet with storage. The king-sized bedroom features a large closet, built-in wall sconces, and a perfect work from home nook with sprawling views of Brooklyn and beyond.

554 4th Ave is home to only 40 apartments, providing residents with a boutique living experience without sacrificing amenities. Just off the modern lobby is a fully equipped gym and package room, and the third floor is home to an expansive outdoor terrace with a cabana, grills, and lots of seating. A video intercom entry system & key fobbed elevator allow for peace of mind and excellent security.

Transportation options are abundant, with the R train at Prospect Ave only 2 blocks away, and the F/G/R trains only 6 blocks away at 4th Ave/9th St. Choose your favorite from the plethora of dining and nightlife options that Park Slope and Gowanus have to offer, and enjoy the best of life in Brooklyn!

Available immediately pending condo board approval. Pets allowed on a case-by-case basis.

Last Agent to Rent the Property

Tyler Whitman

The Agency Brokerage License #10401213963 Listed on: 02/05/2025

The Agency Brokerage

Co-Listed By

Ashlie Roberson

The Agency Brokerage License #10401292849

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,088

Year Built

  • Built in 2017

Property Views

  • River
  • City

Interior Spaces

  • 726 Sq Ft Home
  • Entrance Foyer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Property Available on 2/3/25
  • Legal Lot and Block 7501 / 1046

Community Details

Overview

  • Gowanus Subdivision
  • 11-Story Property

Amenities

  • Rooftop Deck

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,088

Year Built

Built in 2017

Lot Details

0

Rental Info

  • Land Lease: No
  • Furnished: Unfurnished
  • Available Date: 2025-02-03

Listing Details

  • Cross Street: 15th Street/16th Street
  • Exposures: East,West
  • Property SubType: Apartment
  • Property Type: Residential Lease
  • Neighborhood: Gowanus
  • Structure Type: None
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Interior Features: Dining Area, Entrance Foyer
  • Appliances: Dryer, Washer
  • Living Area: 726.0
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

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

Exterior Features

  • View: City, River
  • View: Yes
  • Exterior Features: Building Storage, Building Roof Deck

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed, In Unit
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Interest: Condominium

Building Info

  • New Construction: No
  • Total Stories: 11
  • Year Built: 2017

Tax Info

  • Tax Block: 1046
  • Tax Lot: 7501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Aug 26, 2021
Sold by
550 4Th Ave Investor Llc
Bought by
Lee Andrew J and Lee Joanne J
Seller's Agent
Shai Bernstein
Douglas Elliman Real Estate
List Price
$715,000
Sold Price
$715,000
Current Estimated Value
$856,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,675
Avg. Annual Appreciation
4.62%
Original Mortgage
$548,000
Outstanding Balance
$498,995
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$357,680
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lee Andrew J $695,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Andrew J $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 Rented $3,895 0.0% --
03/12/2025 03/12/25 Under Contract -- -- --
03/04/2025 03/04/25 Price Changed $3,895 -2.5% $5 / Sq Ft
02/05/2025 02/05/25 For Rent $3,995 0.0% --
08/26/2021 08/26/21 Sold $715,000 0.0% $985 / Sq Ft
10/22/2020 10/22/20 For Sale $715,000 -- $985 / 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 $11,088 $89,853 $4,390 $85,463
2024 $11,088 $95,352 $4,390 $90,962
2023 $8,765 $92,091 $4,390 $87,701
2022 $9,159 $81,766 $4,390 $77,376
2021 $6,845 $55,801 $4,390 $51,411
2020 $7,570 $61,782 $4,390 $57,392
2019 $7,585 $61,782 $4,390 $57,392
Source: Public Records

Agents Affiliated with this Home

  • Tyler Whitman

    Landlord's Agent in 2025

    Tyler Whitman

    The Agency Brokerage

    (424) 320-9336

    96 Total Sales

    Tyler Whitman
    Section Image

  • A

    Landlord's Co-Listing Agent in 2025

    Ashlie Roberson

    The Agency Brokerage

    (866) 371-6468

    46 Total Sales

    Ashlie Roberson
    Section Image
  • Shai Bernstein

    Seller's Agent in 2021

    Shai Bernstein

    Douglas Elliman Real Estate

    (718) 708-3350

    3 in this area

    54 Total Sales

    Shai Bernstein
    Section Image
  • Yair Tavivian

    Seller Co-Listing Agent in 2021

    Yair Tavivian

    Douglas Elliman Real Estate

    (212) 891-7111

    13 in this area

    131 Total Sales

    Yair Tavivian
    Section Image
See All Agents

Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11032913

Real Estate Board of New York (REBNY)

APN: 01046-1030

New York Kings County Brooklyn 11215 Gowanus

554 4th Ave Unit 8E, Brooklyn, NY

This home is located at 554 4th Ave Unit 8E, Gowanus, NY 11215 since 05 February 2025 and is currently priced at $856,675. This property was built in 2017. 554 4th Ave Unit 8E 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

RLS Data display by Homes.com LLC

Nearby Homes