500 4th Avenue 40 Percent Sold
We’ve been noticing a steady stream of closings at 500 4th Avenue since the first ones began at the beginning of June (when this photo is from—construction is now complete), so we decided to check in on how the 156-unit Park Slope development was faring. Pretty well, it turns out. Four months after hitting the…
We’ve been noticing a steady stream of closings at 500 4th Avenue since the first ones began at the beginning of June (when this photo is from—construction is now complete), so we decided to check in on how the 156-unit Park Slope development was faring. Pretty well, it turns out. Four months after hitting the market, the project is 40 percent sold, with 61 units spoken for (and several new owners already moved in). Streeteasy shows units are selling close to their asking prices too. Apartments, which include studios as well as one-, two- and three-bedroom units, range from $342,000 to $1,225,00.
500 4th Avenue Ready to Close [Brownstoner] GMAP
Conventional loans are available for 500 Fourth Ave from M&T and TD Bank. And the CC is in fact on the low side. Although 4th Avenue could beautification, the location is very convenient to the subway, restaurants, shops, etc.
You have a long memory, fsrq. I’ll buy you a glass of cheap chianti when it opens. 😉
and 11217 is right, it’s close to third ave! which does have a ton of great stuff. so you are in the middle of third and 5th. i think that’s a great location. closer to the subways too.
*rob*
lower (upper?) 5th avenue is great. once i cross 9th street onto 10th i feel like im a whole new world, a world where i can afford the stores and eateries hahahaha. i think this location is excellent really. there’s nothing wrong with 4th avenue, in fact i love 4th avenue. 40s and cigarettes are literally 10-15 percent cheaper on that avenue compared to 5th avenue. i know i know, that’s a lame thing to say, but still… i mean live here, and walk up a block a BLOCK and you are near lots of stuff.
it is weird how it’s studios – 3 bedrooms. honestly buildings should be studios and 1 bedrooms only and then 2-4 bedrooms only. most people who live in studios and one bedrooms dont want to live in buildings with big families, or even families at all, and vice versa. such a culture clash.
*rob*
They have a lot of three bedroom units here, which are super-popular. I’m told there is no price flexibility at all on the 3 BR units.
I wouldn’t pay this much to live in this area, but I see why some people would. It really is close to lots of amenities. When you’re in a good mood you can walk to Prospect Park and 7th ave. The train situation is more than doable.
$7-800/sf in lower Gowanus is absurd. Do they come with free rentals of the Grand Prospect Hall?
This is my favorite. I love the brown windows, yay, they have screens,,,,,”’
5th and 12th is Commonwealth, Sparafucile. One of the better bars in the neighborhood. Tacos Nuevo Mexico is also on that block of 5th, as is Green Kitchen, a new place selling great fresh food and Stumptown Coffee.
The lower stretch of 5th is terrific…Little Buddy Bakery, Sidecar, and really is walking to 5th a few blocks north really that big a deal if you’re more the Blue Ribbon type? It’s maybe a 5-7 minute walk.
Do you consider your neighborhood the ONE block immediately surrounding your home?