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Listing Courtesy of Sothebys International Realty
$1,900,000
Est. payment /mo
3 Beds
5 Baths
2,700 SqFt
Active
534 4th Avenue Brooklyn, NY 11215
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,700 sqft
Price per Sqft $703
Subdivision Gowanus
MLS Listing ID RLS11011921
Bedrooms 3
HOA Y/N Yes
Year Built 1901
Annual Tax Amount $4,848
Property Sub-Type Multi Family
Property Description
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.
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.
Location
State NY
County Kings
Interior
Furnishings Unfurnished
Fireplace No
Laundry Building In Basement, Common On Floor, In Basement
Exterior
Exterior Feature Building None, Courtyard
Pool None
Present Use Multi-Family
Private Pool Yes
Building
Dwelling Type House,Multi Family,Townhouse
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Ownership None
Monthly Total Fees $404
Special Listing Condition Standard
Pets Allowed Building Yes, Cats OK, Dogs OK
RLS Data display by New York (LondonFosterNY.com)