NOT LISTED FOR SALE

554 4th Ave Unit 9B Gowanus, NY 11215

Gowanus Neighborhood

Estimated Value: $796,065 - $926,000

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 $5,561/month

20 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • P.S. 124 Silas B Dutcher Rated A-
  • 2-minute walk to Prospect Avenue (D,M,N,R Line)

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: 10/24/2017

Douglas Elliman Real Estate

Co-Listed By

Shai Bernstein

Douglas Elliman Real Estate License #10301211975

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
  • Entry on the 9th floor

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Washer Dryer Allowed

Community Details

  • 36 Units
  • Brooklyn Subdivision
  • 11-Story Property

Listing and Financial Details

  • Tax Block 01046

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
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Brooklyn
  • Entry Level: 9
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

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

Beds/Baths

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

Garage/Parking

  • Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed

Condo/Co-op/Association

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

Building Info

  • New Construction: Yes
  • Units: 36
  • Total Stories: 11
  • Year Built: 2017

Tax Info

  • Tax Block: 01046
  • 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
$823,445

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
$572,877
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$261,889
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
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

  • Ariel Tavivian

    Seller's Agent in 2021

    Ariel Tavivian

    Douglas Elliman Real Estate

    (347) 530-6603

    5 in this area

    39 Total Sales

    Ariel Tavivian
    Section Image
  • Shai Bernstein

    Seller Co-Listing Agent in 2021

    Shai Bernstein

    Douglas Elliman Real Estate

    (718) 708-3350

    4 in this area

    64 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

    139 Total Sales

    Yair Tavivian
    Section Image
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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

New York Kings County Brooklyn 11215 Gowanus

554 4th Ave Unit 9B, Brooklyn, NY

Not Listed for Sale

Condos

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