534 4th Avenue

Gowanus   |   14th Street & 15th Street

Building For Sale
$ 1,900,000
Ownership Multi-Family
Lot Size 20'x54'
Floors/Apts 3/3
Status Active
Real Estate Taxes [Per Annum] $ 4,848
Building Type Townhouse
Building Size 20'x45'
Year Built 1901
ASF/ASM 2,700/251
Listing ID: 89348TH

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

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Property Description

*Accepted Offer* Fantastic Investment Opportunity in Prime Brooklyn Location Discover this meticulously maintained, legal 3-family brick home located at the border of Park Slope and Gowanus. Spanning 20 feet in width and 45 feet in depth, delivered vacant this property offers versatile living spaces with incredible potential. Property Features: - 1st Floor Unit: A spacious 1-bedroom apartment with an additional office that can be easily converted into a second bedroom. This level can also be duplexed with the fully finished basement for expanded living space. - 2nd & 3rd Floor Units: Each features a junior 2-bedroom layout, offering flexibility for conversion to create additional bedrooms or living areas. - Unfinished basement: Primed to duplex with 1st Floor Unit to create recreational area. - Outdoor Space: Enjoy a private courtyard accessible from the basement, perfect for outdoor relaxation or entertaining. With well-maintained roofing and mechanicals, this property is in "move-in ready or primed for a renovation to meet your needs. The building offers significant upside potential, with 3,905 sq ft of unused FAR allowing for vertical expansion. Situated in a highly desirable area, this home is surrounded by new condo developments, adding value to the neighborhood. Enjoy convenient access to Manhattan and Downtown Brooklyn via the nearby R, F, and G subway lines, as well as multiple bus routes. Whether you're looking for a family home with rental income potential or an investment (condo conversion or rental) with room to grow, this property is an excellent choice.
*Accepted Offer* Fantastic Investment Opportunity in Prime Brooklyn Location Discover this meticulously maintained, legal 3-family brick home located at the border of Park Slope and Gowanus. Spanning 20 feet in width and 45 feet in depth, delivered vacant this property offers versatile living spaces with incredible potential. Property Features: - 1st Floor Unit: A spacious 1-bedroom apartment with an additional office that can be easily converted into a second bedroom. This level can also be duplexed with the fully finished basement for expanded living space. - 2nd & 3rd Floor Units: Each features a junior 2-bedroom layout, offering flexibility for conversion to create additional bedrooms or living areas. - Unfinished basement: Primed to duplex with 1st Floor Unit to create recreational area. - Outdoor Space: Enjoy a private courtyard accessible from the basement, perfect for outdoor relaxation or entertaining. With well-maintained roofing and mechanicals, this property is in "move-in ready or primed for a renovation to meet your needs. The building offers significant upside potential, with 3,905 sq ft of unused FAR allowing for vertical expansion. Situated in a highly desirable area, this home is surrounded by new condo developments, adding value to the neighborhood. Enjoy convenient access to Manhattan and Downtown Brooklyn via the nearby R, F, and G subway lines, as well as multiple bus routes. Whether you're looking for a family home with rental income potential or an investment (condo conversion or rental) with room to grow, this property is an excellent choice.

Listing Courtesy of Sotheby's International Realty, Inc.

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Apartment Features

A/C
534 4th Avenue Gowanus Brooklyn NY 11215

Building Details [534 4th Avenue]

Ownership Multi-Family
Service Level None
Access Walk-up
Block/Lot 1040/42
Building Size 20'x45'
Zoning R8A
Building Type Townhouse
Year Built 1901
Floors/Apts 3/3
Lot Size 20'x54'

Building Amenities

Courtyard

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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 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.