NOT LISTED FOR SALE

554 4th Ave Unit PH11B Gowanus, NY 11215

Gowanus Neighborhood

Estimated Value: $3,057,000 - $4,794,591

5 Beds
4.5 Baths
4,480 Sq Ft
7,031 Sq Ft Lot

Sale Details

Date Sold: October 21, 2021

Last sale price $3,940,000 $879 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $30,685 / mo

123 Days on Market

Highlights

  • Rooftop Deck
  • 2-minute walk to Prospect Avenue (D,M,N,R Line)
  • 7,031 Sq Ft lot
  • P.S. 124 Silas B Dutcher Rated A-
  • River View
  • Terrace

About This Home

As of October 2021

The opportunity of a lifetime awaits in this never before offered Penthouse. Positioned high above any neighboring buildings, the Penthouse at 554 Fourth Avenue stuns with panoramic views of the Manhattan skyline and New York Harbor. Exit your private keyed elevator into a gracious foyer and gallery. You are immediately wowed by the dramatic great room with 13-foot ceilings and floor-to-ceiling windows that perfectly frame Manhattan's iconic skyline. The open layout allows a seamless flow from room to room as the open views lead you around the space. The Penthouse spans 4,480 square feet of interior space and offers over 1,567 square feet of exterior space all included in seven private terraces. Currently configured with five bedrooms and four-and-a-half bathrooms, the space can easily be adjusted to fit your needs. Tucked downstairs and away for the entertaining spaces, you will find four more bedrooms. An oversized laundry room and an additional den/office complete the space. Additional features of this one-of-a-kind residence include radiant heat throughout the entire apartment, central HVAC and a gas hookup on the main terrace. Positioned in one of the city's most sought-after residential destinations, 554 Fourth Avenue rests right in the intersection of Park Slope, Gowanus and Red Hook. With close proximity to Prospect Park, numerous options for public transportation and some of the city's best restaurants, there's no question why this has become one of the city's hottest new neighborhoods.

Last Agent to Sell the Property

Doron Zwickel

CORE Group Marketing LLC License #30ZW0873578 Listed on: 04/21/2021

CORE Group Marketing LLC

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $45,936

Year Built

  • Built in 2019

Lot Details

  • 7,031

HOA Fees

  • $3,049 Monthly HOA Fees

Property Views

  • River
  • City

Home Design

  • Entry on the 11th floor

Interior Spaces

  • 4,480 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Balcony
  • Terrace

Utilities

  • Central Air

Community Details

Overview

  • 40 Units
  • Gowanus Subdivision
  • 11-Story Property

Amenities

  • Rooftop Deck
  • Building Terrace

Property Details

Home Type

Condominium

Est. Annual Taxes

$45,936

Year Built

Built in 2019

Lot Details

7,031 Sq Ft Lot

HOA Fees

$3,049 per month

Listing Details

  • Exposures: East,North,South,West
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Gowanus
  • Entry Level: 11
  • CustomProperty: { "WeeklyRate": null, "OffMarketDate": "2021-10-21", "LivingAreaRange": null, "GuestHouseYN": null, "Lang2_Type": null, "AboveGradeUnfinishedAreaRange": null, "GuestHouseAreaTotalUnits": null, "PrivateShowingInstructions": null, "NumberOfBoatSlips": null, "LotSizeRangeUnits": null, "LakeId": null, "BuildingAreaTotalRange": null, "HumanModifiedYN": false, "MineralRights": null, "LotSizeRangeSource": null, "Permission": null, "Membership": null, "ModificationTimestamp": "2026-08-05T19:57:25.417-00:00", "Restrictions": "Rental Allowed", "BoatDockSlipFeatures": null, "OffersReviewDate": null, "AdditionalFeeFrequency": null, "PotentialShortSale": null, "TitleCompanyPhone": null, "LeaseAmountPerAreaUnit": null, "AssociationFeeTotal": null, "PropertyAccess": null, "AdditionalFee": null, "LakeSize": null, "LivingAreaRangeHigh": null, "LotSizeAreaRangeLow": null, "GarageArea": null, "BelowGradeFinishedAreaRange": null, "BuildingAreaTotalRangeSource": null, "GarageAreaUnits": null, "AdditionalFeeYN": false, "LakeChainName": null, "BelowGradeFinishedAreaRangeUnits": null, "DevelopmentName": null, "TaxAuthority": null, "ProjectName": null, "WaterAccessYN": null, "AssociationFeeTotalFrequency": null, "ListOfficeMlsId": "5599", "GarageDimensions": null, "BelowGradeBedrooms": null, "MembershipRequiredYN": null, "AboveGradeBedrooms": null, "GulfAccessYN": null, "TaxAssessedValueImprovement": null, "AboveGradeUnfinishedAreaRangeSource": null, "OtherExpenseDescription": null, "MembershipFeeFrequency": null, "ListingKeyNumeric": 1092101846, "AdditionalInfo3": null, "BoatDockSlipDescription": null, "AdditionalInfo1": null, "PublicRemarks_lang2": null, "AdditionalInfo2": null, "PublicRemarks_lang3": null, "SourceFloorPlansCount": null, "LastMonthRentReqYN": null, "AboveGradeUnfinishedAreaRangeUnits": null, "ListAOR": null, "ThirdPartyIntegrationType": null, "BuildingAreaTotalRangeUnits": null, "PricePerAreaUnit": null, "FractionalShare": null, "TitleCompanyName": null, "AboveGradeFinishedAreaRangeSource": null, "BelowGradeFinishedAreaRangeSource": null, "OriginatingSystemKey": "2965635", "GuestHouseAreaTotalSource": null, "LeaseTermsDescription": null, "PropertyType": "Residential", "LivingAreaRangeUnits": null, "OriginatingSystemName": "RLS", "BelowGradeUnfinishedAreaRangeSource": null, "LandTenure": null, "OffSeasonRate": null, "Attic": null, "MembershipFee": null, "BoatDockAccommodates": null, "PropertySubTypeAdditional": "Apartment", "PricePerArea": null, "BoatDockYN": null, "BonusAmount": null, "GuestHouseAreaTotal": null, "ListingKey": "1092101846", "GuestHouseDescription": null, "SecurityDepositYN": null, "SourceSupplementPublicCount": null, "SaleOrLeaseIncludes": null, "AdditionalFeeDescription": null, "InternetEntireListingDisplayYN": true, "SeasonRate": null, "ComplexName": null, "StoriesPartial": null, "CustomFields": "{\n \"ElevatorsTotal\": \"1\",\n \"PercentOfCommonElements\": \"14.14\",\n \"FlipTaxRemarks\": \"standard new dev transfer fees\",\n \"MaximumFinancingAmount\": \"0.00\",\n \"BuildingTaxLot\": \"0\",\n \"MaximumFinancingPercent\": \"90.00\",\n \"SponsorUnitYN\": \"1\",\n \"ListingKey\": \"1092101846\"\n}", "BoatDockHeight": null, "AvailabilityType": null, "LakeName": null, "OriginatingSystemSubName": "RLS_REBNY", "RiverName": null, "BelowGradeUnfinishedAreaRangeUnits": null, "ListOfficeKey": "5658953", "TaxYearRange": null, "NumberOfBoatDocks": null, "LotSizeAreaRangeHigh": null, "TaxAssessedValueLand": null, "StandardStatus": "Closed", "GulfAccessType": null, "BoatSlipYN": null, "StormProtection": null, "LivingAreaRangeSource": null, "LeaseAmountPerArea": null, "TitleCompanyAddress": null, "MonthlyRate": null, "WaterAccessDescription": null, "SecurityDepositDescription": null, "TaxRate": null, "BelowGradeUnfinishedAreaRange": null, "MembershipDescription": null, "TitleCompanyPreferred": null, "AboveGradeFinishedAreaRangeUnits": null, "AboveGradeFinishedAreaRange": null, "LivingAreaRangeLow": null, "BuildingSizeDimensions": null, "PropertySubType": "Apartment", "UnitLocation": "11", "ConsumerRemarks": null, "LotSizeRange": null, "OffersDescription": null, "Lang3_Type": null, "StoriesPartialTotal": null, "Location": null, "ListingId": null, "RentSpreeYN": null, "RentSpreeURL": null, "ApplicationFee": null, "CommunityDevelopmentDistrictYN": null, "SourceSystemKey": null }
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 11

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 4480.0
  • Living Area Units: Square Feet
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bathrooms Integer: 5
  • Bedrooms: 5

Exterior Features

  • View: City, River
  • View: Yes
  • Exterior Features: Balcony, Building Roof Deck
  • Patio/Porch Features: Building Terrace, Terrace, Balcony

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 3049.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Condominium

Lot Info

  • Lot Size Area: 7031.0
  • Lot Size Dimensions: 87.87 x 100.0

Building Info

  • New Construction: No
  • Units: 40
  • Total Stories: 11
  • Year Built: 2019

Tax Info

  • Tax Block: 0
  • Tax Annual: 45936.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Oct 21, 2021
Sold by
550 4Th Ave Investor Llc
Bought by
Seller's Agent
Doron Zwickel
CORE Group Marketing LLC
List Price
$4,950,000
Sold Price
$3,940,000
Premium/Discount to List
-$1,010,000
-20.4%
Current Estimated Value
$4,026,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,398
Avg. Annual Appreciation
0.45%
Original Mortgage
$3,152,000
Outstanding Balance
$2,817,601
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,208,797
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Gowanus, NY

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,940,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,152,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/02/2022 06/02/22 Off Market $3,940,000 -- --
10/21/2021 10/21/21 Sold $3,940,000 -20.4% $879 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $4,950,000 -- $1,105 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $75,216 $723,176 $29,460 $693,716
2025 $74,405 $602,945 $29,460 $573,485
2024 $74,405 $639,841 $29,460 $610,381
2023 $58,818 $617,958 $29,460 $588,498
2022 $61,460 $548,675 $29,460 $519,215
2021 $45,933 $374,442 $29,460 $344,982
2020 $50,795 $414,576 $29,460 $385,116
2019 $50,899 $414,576 $29,460 $385,116
Source: Public Records

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10758687

Real Estate Board of New York (REBNY)

APN: 01046-1040

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