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In Contract

500 Fourth Avenue, #5L

$1,295,000 ($1,219 per ft2) | 2 beds, 2 baths | Approx. 1,062 ft2
Building Profile  | 
91 days on Market

Key Details

  • Listed: Sep 25, 2024
    Days on Market: 91
    Building Type: Condominium
    Neighborhood: Gowanus (Brooklyn)
    Doorman: FT Doorman
Monthly Common Charges: $1,285
Monthly Real Estate Taxes: $490
Total Taxes & Fees: $1,775 ($1.67/ft2)
Est. Monthly Mortgage: $6,920
Total Est. Monthly Carrying Cost: $8,695 ($8.19/ft2)
Note: the above is based on a down payment of 20% ($259,000), which is the minimum amount permitted by the building.

Description

With private OUTDOOR SPACE + VIEWS + LIGHT, you’ll be happy to spend time at home in a residence like 5L at 500 Fourth Avenue! Imagine waking up each morning to blue sky and city views for miles from this corner unit two bedroom two bath stunner located in one of Park Slope’s few full service buildings.

This home has been well maintained and it shows from the moment you enter the home and see the sleek kitchen with full Viking appliance package, built in wine cooler and gorgeous honed Calacatta marble counter. The oversized breakfast bar easily fits multiple stools plus there’s space for a dining table in the expansive, open living area.

There’s even a convenient pantry closet to store all of your extra gadgets for perfecting your home culinary skills! The living area is open and breezy with full glass french doors leading to the balcony, bringing the outside in. Imagine relaxing on your couch each evening while taking in the twinkling lights of the full city view or sipping tea on a crisp fall morning watching the sun rise over the city skyline from your balcony.

Back inside, the bedrooms are split off the living area creating privacy within the home.

With the largest owner’s suite in the building, there’s so much space for every possible use including king sized bedroom furnishings, plus room for a home office, or how about that piano you always dreamed of? Home studio space for an artist? Anything you desire and did I mention the amazing light from two exposures? In addition there’s deep twin closets allowing for maximum storage space plus en suite bath that’s an escape on it’s own through an efficient pocket door with double sink, glass enclosed shower, separate deep soaking tub and warm Lagos limestone floor to ceiling tiles and Gaudi marble floors.

Way on the other side of the home you find the second bedroom with amazing views, a surprisingly wide closet, adjacent full bath with floor to ceiling marble tiles and another deep soak tub, plus a separate utility closet housing the washer/dryer plus even more storage space.

Rounding out the home are hardwood floors throughout and central AC for those hot summer months.

500 Fourth Avenue is one of the most coveted buildings in the area with amenities including a 24-hour doorman; full time super and porter; attended on-site parking for lease; a large and well-appointed fitness center; sunny children’s playroom; lounge w/ home-theater, kitchenette, and billiards all leading to a 2500+ SF landscaped common sundeck. Located just 2 blocks from F, R and G train lines and steps to all the world class landmarks, second-to-none shopping and restaurants that both Park Slope and Gowanus are known for. Easy stroll to Prospect Park.

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Apartment Amenities

  • Western Exposures
  • City View
Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About 500 Fourth Avenue

75

500 Fourth Avenue has received a CityRealty Rating of 75, based on:

 
Architecture

Anything above 30 is remarkable, from 20-29 is distinguished and from 11-19 is average, while below 11 is below average.

 
Location

Anything above 27 is remarkable, from 18-26 is distinguished and from 9-17 is average, while below 9 is below average.

 
Features

Anything above 22 is remarkable, from 16-21 is distinguished and from 9-15 is average, while below 9 is below average.

Rating Summary

25
Out of 44
+
23
Out of 36
+
18
Out of 39
+
9
=
75
Out of 119
 

Architecture Rating: Points Breakdown

Exterior:
Very Attractive 5 out of 8 points
Retail Quality:
Attractive 4 out of 5 points
Canopy Entrance:
Attractive 2 out of 3 points
Alterations:
None 2 out of 2 points
Plaza Or Atrium:
None 0 out of 3 points
Contextual Design:
No, but OK 1 out of 3 points
Skyline:
Highly Visible 2 out of 2 points
Local Visibility:
Highly Visible 2 out of 2 points
Watertank:
Attractively Enclosed 2 out of 2 points
Airconditioners:
Not Allowed 2 out of 2 points
Free Standing:
Corner 1 out of 2 points
Gargoyles:
None 0 out of 2 points
Garden:
None 0 out of 2 points
Fenestration:
Consistent 1 out of 1 points
Landmark:
No 0 out of 2 points
Unity:
Unified Design 1 out of 1 points
Illumination:
None 0 out of 1 points
Water Element:
None 0 out of 1 points

Location Rating: Points Breakdown

Street Ambience:
Attractive / Pleasant 3 out of 5 points
Distance To Neighborhood Center:
Less than 20 blocks 4 out of 5 points
Views:
Open 2 out of 4 points
Neighborhood Ambience:
Attractive 2 out of 3 points
Traffic Noise:
Considerable 1 out of 3 points
Protected Views:
Many 2 out of 2 points
Distance To Subway:
3-5 Short Blocks 1 out of 2 points
Firedepartment Noise:
No Noise 2 out of 2 points
Distance To Supermarket:
3-5 Short Blocks 1 out of 2 points
Distance To Park:
3-6 Short Blocks 1 out of 2 points
Distance To Water:
More than 6 Short Blocks 0 out of 2 points
Shopping:
5 or less Short Blocks 2 out of 2 points
Schools:
No Noise 1 out of 1 points
Noise From Nightlife:
None 1 out of 1 points

Features Rating: Points Breakdown

Lobby:
Stunning 5 out of 5 points
Units Per Floor:
10-15 1 out of 5 points
Ceiling:
8-9 Feet 1 out of 4 points
Balconies:
Many 2 out of 3 points
Health Club:
Yes 1 out of 2 points
Private Gardens:
None 0 out of 2 points
Storage Rooms:
Considerable 2 out of 2 points
Bay Windows:
None 0 out of 1 points
Fireplaces:
Some 1 out of 1 points
Door Person:
Yes 1 out of 1 points
Concierge:
Yes 1 out of 1 points
Elevator Person:
None 0 out of 1 points
Recreational Roof:
None 0 out of 1 points
Driveway:
None 0 out of 1 points
Maids Room:
None 0 out of 1 points
Catering:
None 0 out of 1 points
Garage:
Yes 1 out of 1 points
Mixed Use:
No 0 out of 1 points
Non Rectilinear Form:
No 0 out of 1 points
Unusual Layouts:
No 0 out of 1 points
Prewar:
No 0 out of 1 points
Other Amenities:
Many 2 out of 2 points

Building Amenities

  • Concierge
  • FT Doorman
  • High-Rise
  • Central AC
  • Full Service Garage
  • Children's Playroom
  • Lounge
  • Fitness Center
  • Rooftop Terrace
  • Outdoor Entertainment Space
  • In-Unit Washer/Dryer
  • Bike Room

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Pros
  • Double-height lobby with river rocks and suede panels
  • Balconies
  • Convenient to subways
  • Doorman
  • Concierge service
  • Fireplace in lobby
  • Garage
  • Fitness center
  • Landscaped terrace
  • Park Slope neighborhood
Cons
  • Many apartments
  • Not close to water
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Subways

  1. F
at 4th Ave and 10th 0.14 miles
  1. R
  2. G
at 4th Ave 0.21 miles

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