Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
500 4TH Avenue #3M
Closed For Sale Condo

$1,227,500

$1,175 per sq ft

500 4TH Avenue #3M

Gowanus, Brooklyn

MLS® #RLS11010808

RLS at REBNY

Listing by Douglas Elliman Real Estate

2

Bedrooms

2

Baths

1,045

Sq. Ft.

2010

Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Living Area 1,045 sq ft
Year Built 2010
Ownership Condo
HOA/Common Charges $1,215/mo
Property Taxes Contact for details
Neighborhood Gowanus
Floor 3 of 12

Property Highlights

  • Views: City
  • Exposure: North,West facing
  • Outdoor Space: None, Balcony

Property Details

Type Condo
Ownership Condominium
Total Rooms 4
Baths 2 Full
Floor 3 of 12
View City
Exposure North,West
Cooling Central Air
Pets Yes
Year Built 2010
Living Area 1,045 sq ft
Structure Type HighRise
Basement Other
Parcel # 01027-1029
Block/Lot 01027/0000

Listing History

Event Date Price Change
Listed Sep 20, 2024 $1,295,000 -
Price Reduced May 6, 2025 $1,250,000 -3.5%
Currently May 1, 2026 $1,227,500 -1.8%

Description

Introducing Residence 3M at 500 Fourth Avenue - The Best-Priced Mint-Condition 2-Bed Doorman Condo in Gowanus/Park Slope

Discover unparalleled value at 500 Fourth Avenue, a full-service, pet-friendly building perfectly situated where Gowanus meets Park Slope. Just five blocks from Prospect Park's southwest entrance, you'll be steps from the Dog Beach, tennis and pickleball courts, and sprawling ball fields. Commuting is effortless with 6 subway lines (D/F/G/N/R/W) at the nearby 4th Ave & 9th Street station.

Residence 3M offers a serene retreat, facing away from Fourth Avenue for added tranquility. This home features two oversized bedrooms with a split layout for ultimate privacy and a sprawling 20-foot deep living room with floor-to-ceiling windows. A private balcony provides the perfect spot for morning coffee or evening relaxation, while the gourmet kitchen impresses with Viking appliances, a wine cooler, a breakfast bar, and custom cabinetry. The primary bedroom boasts double exposures, a walk-in closet, and a spa-like ensuite bathroom with a glass-enclosed shower. The second bedroom includes a deep closet and a luxurious soaking tub bath just steps away. Additional perks include central air, in-unit laundry, and hardwood floors throughout.

500 Fourth Avenue redefines modern Brooklyn living with premium amenities, including a 24-hour doorman, on-site parking, a fitness center, a playroom, a residents" lounge, and an expansive 2,500+ square foot sundeck. Enjoy the best of Brooklyn, with Prospect Park, many adorable bars, cafes & restaurants (Winner, Owl Farm, Bombolona and Krupa to name a few), Nitehawk Cinema, the flagship location of The Other Half Brewing Company, climbing gyms, archery studios, Whole Foods, Costco, and IKEA all nearby. This is more than a home; it's a lifestyle upgrade in one of Brooklyn's most exciting neighborhoods!

Features & Amenities

Interior Features

Building Other In Unit

Exterior Features

Balcony Building Roof Deck Private Outdoor Space Under60 Sqft None Balcony

Building Amenities

Concierge Elevators Screening Room

Appliances

Washer Dryer Allowed

Building Information

Building Data View Compliance & Permits
Total Units 156
Stories 12
Structure HighRise

Financial Details

Common Charges $1,215/mo
RE Taxes Contact for details
Original Price $1,295,000
Sale Price $1,227,500
Previous Price $1,250,000

Gowanus features a striking mix of 19th-century brick warehouses, Greek Revival rowhouses, and new glass-and-steel condominiums rising along the canal waterfront. The F, G, R, D, and N/W trains are accessible at nearby Smith-Ninth Streets and Fourth Avenue-Ninth Street stations, with Atlantic Terminal a short walk north. Washington Park and the Old Stone House landmark anchor the neighborhood's green space, while a major rezoning is bringing thousands of new residential units and waterfront parkland to the area.

Gowanus Live Market Data

View Neighborhood

Active Listings

13

Median Asking Price

$1.65M

Median $/Sqft

$1,062

Avg Days on Market

N/A

New This Week

2

Price Reduced

8%

Sold (30 Days)

0

Median Sale Price

$1.48M

Live data from RLS at REBNY • Updated 5/1/26, 3:05 AM EST

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Location

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500 4TH Avenue #3M, Gowanus, Kings County

Building Information

Official NYC property records for this building

2010
Year Built
16 years old
12
Floors
156
Residential Units
C4-4D
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $14,683,498
Land Value: $1,984,954
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 20,200 SF
Building Area: 158,063 SF
Built FAR: 7.82
Allowed FAR: 6.02

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $1,215 per month. Confirm the exact amount with the listing broker before making an offer.

This property has 2 bedrooms and 2 full bathrooms.

The listed interior living area is 1,045 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 2010, making it approximately 16 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property: no vicious breeds,Building Pets Allowed Comments:no vicious breeds. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $1,227,500 for 1,045 sq ft, the asking price per square foot is approximately $1,175. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS11010808
First Listed: 9/20/2024
On Market: 9/20/2024
Price Changed: 5/6/2025
Closed: 5/6/2025
Contract Date: 9/20/2024

Listing Courtesy of Douglas Elliman Real Estate - Yair Tavivian

Listing Contact: (212) 319-4109

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 5/1/2026 at 7:05 AM UTC

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