534 4th Avenue Active

Brooklyn,NY 11215

$ 1900000

3 Beds

5 Baths

2700 SqFt


Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,700 sqft

Price per Sqft $703

Subdivision Gowanus

MLS Listing ID PRCH-35229564

Bedrooms 3

HOA Y/N Yes

Year Built 1901

Annual Tax Amount $4,848

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.

Location

State NY

County Kings

Zoning C2-4/R8A/EC-1

Interior

Interior Features Storage

Furnishings Unfurnished

Fireplace No

Laundry Building In Basement,Common On Floor,Common Area,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

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