NOT LISTED FOR SALE

554 4th Ave Unit 9B Gowanus, NY 11215

Gowanus Neighborhood

Estimated Value: $772,315 - $860,000

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

Last Sold September 30, 2021

Last sale price $690,133 $1,044 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,720/month

20 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 September 2021

Experience the best of two quintessential Brooklyn neighborhoods at your fingertips. Park Slope, known for its lovely tree-lined blocks and remarkable historic architecture, offers a diverse range of gourmet restaurants, independently owned boutiques, cozy coffee shops, and lush green parks. The expanding creative community in nearby Gowanus has made way for a plethora of new art galleries and open studios, attracting emerging artists, designers and creative types of all kinds. 554 Fourth Ave is located within close proximity to an abundance of transportation options at Atlantic Terminal, including seven subway lines and five bus lines. Less than a mile away, take advantage of the natural beauty of Prospect Park, featuring a 60-acre lake and the 90-acre Long Meadow, zoo, an ice-skating rink, and nation's first urban Audubon Center. Popular activities include pedal boating, picnicking, running and biking. The Park also features a spectacular array of ecological features, such as meadows, hillsides and a complex water system.

Last Agent to Sell the Property

Ariel Tavivian

Douglas Elliman Real Estate License #10301213955 Listed on: 09/09/2021

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: 9

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

Closed on
May 14, 2021
Sold by
550 4Th Ave Investor Llc
Bought by
Chen Jiongjian
Current Estimated Value
$821,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,500
Outstanding Balance
$576,587
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$244,492
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
Chen Jiongjian $705,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Jiongjian $634,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $690,133 -11.5% $1,044 / Sq Ft
09/09/2021 09/09/21 For Sale $780,000 -- $1,180 / 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 $8,339 $74,444 $3,997 $70,447
2021 $6,232 $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

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10028340

Real Estate Board of New York (REBNY)

APN: 01046-1032