--- title: "500 4th Avenue #5P, New York City, NY 11215" description: "500 4th Avenue #5P, New York City, NY 11215 — Gowanus, New York City, NY. Listing Price $795,000. In contract 6/23/2026. 1 bed, 1 bath, 620 sqft Illustrative Buyer Commission Share of $11,925 at closing, based on a 3% buyer-broker commission." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/500-4th-avenue-p-5P-ny-11215" source: "Real Estate Rebate Team" status: "Pending" --- # 500 4th Avenue #5P, New York City, NY 11215 Gowanus, New York City, NY Courtesy of Corcoran Group ## At a Glance - **Listing Price**: $795,000 - **Status**: In contract 6/23/2026 In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion. - **Beds**: 1 - **Baths**: 1 - **Sqft**: 620 - **Common Charges**: $1,116 / mo - **Price per Sqft**: $1,282 - **Brokerage Fee**: Share Eligible ## The Private Brokerage Advantage As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction. - **Contract Purchase Price**: $795,000 - **Illustrative Buyer Commission Share**: -$11,925* - **Illustrative Net Cost**: $783,075 *Illustrative Buyer Savings of $11,925 — 50% of a 3% buyer-broker commission, shared at closing.* [Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Photos (8) ![500 4th Avenue #5P, New York City, NY 11215 — photo 1 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/b0cd4eaf-3738-4aee-99fd-800df9a00f05.jpg) ![500 4th Avenue #5P, New York City, NY 11215 — photo 2 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/41404c76-54e1-4437-919b-ca826fd994ad.jpg) ![500 4th Avenue #5P, New York City, NY 11215 — photo 3 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/e12a8da2-0a72-488c-8e83-41382b84aaa1.jpg) ![500 4th Avenue #5P, New York City, NY 11215 — photo 4 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/895081a9-35f1-498d-b46b-9a46074a7cae.jpg) ![500 4th Avenue #5P, New York City, NY 11215 — photo 5 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/97facf2f-cdbe-4a92-b9c6-35d38fa54490.jpg) ![500 4th Avenue #5P, New York City, NY 11215 — photo 6 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6826829a-7f28-4e92-b6a0-e869f6241c58.jpg) ![500 4th Avenue #5P, New York City, NY 11215 — photo 7 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/08abd4e0-e4bc-4115-bbcb-e2a1e50bd1ca.jpg) ![500 4th Avenue #5P, New York City, NY 11215 — photo 8 of 8](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/53eb84bf-2d7f-4fef-9854-03ae932cc6c8.jpg) ## Property Overview If you have been waiting for a truly dramatic and spacious home with unrivaled views and outdoor space, look no further than 5P at 500 4th Avenue. This 620 SF 1 bed, 1 bath home is an exclusive one-of-a-kind layout for the building that is unmatched in its combination of outdoor space, panoramic views of Manhattan, Brooklyn, the water, the skyline, and many NYC landmarks. Perched high atop the building with South and West exposures looking over the neighboring rooftops, you will have a front row seat to the best views in town, amazing privacy, and an unrivaled 902 SF private terrace so you can enjoy it from both inside AND outside. This terrace is just simply heart-stopping in scale and view, and large enough for full-scale gardening, lounging, entertaining and BBQ'ing. So plan your 4th of July party today, or just don your gardener's gloves and get to work on creating a show-stopping garden in the sky. Even better, the interior of this spectacular home features the perfect 1-bedroom layout. A formal entranceway offers a discrete bathroom entrance, an ample hall closet, and a bedroom nicely separated from the living space. A surprisingly spacious and well-designed kitchen offers up an enormous eating and prep island, as well as a Viking appliance package, striking marble countertops, and ample lacquer and glass cabinetry. The living room offers more than enough space for living AND dining, and the perfect wall of west-facing sliding glass doors that allow easy access to your astonishing terrace. The corner orientation of this home also allows for a second full wall of windows facing south, guaranteeing a home flooded with light all day, every day. And don't miss the ample closets and your very own washer and dryer too! A spa-like bathroom has been designed with Gaudi marble flooring, limestone walls accented with glass mosaics, and a deep soaking tub with shower. 500 4th Avenue is one of the only white glove CONDO buildings in all of Park Slope. The building itself features an attended parking garage with monthly spaces for rent, 24 hr. doorman, and hotel-like amenities including a gym, playroom, a residents' lounge, home theatre, and game room. This is a stunning building located with every convenience right outside your door, including the F/G/R trains a block away, Whole Foods, and an amazing array of world-class dining, shopping and amenities in every direction. A short jaunt up the hill takes you to Prospect Park as well. The low common charges and taxes make luxury finally affordable within an easy commuting distance into Manhattan, and no sacrifices required. ## Property Details - **Property Type**: Condominium - **Beds**: 1 - **Baths**: 1 - **Rooms**: 3 - **Sqft**: 620 sqft - **Stories**: 12 - **Year Built**: 2010 - **Price per Sqft**: $1,282 - **Common Charges**: $1,116 / Monthly - **Listed On**: Apr 13, 2026 - **Days on Market**: 152 Days ### Residence Features - Building Other - Washer Hookup - In Unit - Building Roof Deck - Private Outdoor Space Over 60 Sqft - Dining Area - High Ceilings - Dishwasher - Washer Dryer Allowed - Bridge(s) - City Lights - City - Ocean - Panoramic ## Sales Evidence ### Recent closed sales 34 apartments at 500 4th Avenue have recorded sales since September 2021, the most recent for $2,315,000 in May 2026. Prices are the figures recorded with the City, not asking prices. | Unit | Beds | Sq Ft | Sold Price | $/ft² | Sold | Source | | --- | --- | --- | --- | --- | --- | --- | | 11C (Apartment) | 3 | 1,496 | $2,315,000 | $1,547/ft² | May 12, 2026 | City record · MLS | | 4D (Apartment) | 3 | 1,176 | $1,475,000 | $1,254/ft² | March 27, 2026 | City record · MLS | | 6O (Apartment) | Studio | 636 | $625,000 | $983/ft² | March 27, 2026 | City record | | 2A (Apartment) | 2 | 1,064 | $1,175,000 | $1,104/ft² | February 12, 2026 | City record · MLS | | 10I (Apartment) | 2 | 911 | $1,217,000 | $1,336/ft² | September 3, 2025 | City record · MLS | | 6E (Apartment) | 1 | 753 | $825,000 | $1,096/ft² | July 1, 2025 | City record | | 7C (Apartment) | 3 | 1,175 | $1,485,000 | $1,264/ft² | May 7, 2025 | City record · MLS | | 3M (Apartment) | 2 | 1,045 | $1,227,500 | $1,175/ft² | May 6, 2025 | City record · MLS | | 10C (Apartment) | 3 | 1,145 | $1,450,000 | $1,266/ft² | April 3, 2025 | City record · MLS | | 2H (Apartment) | Studio | 539 | $577,000 | $1,071/ft² | March 7, 2025 | City record · MLS | | 12C (Apartment) | 3 | 1,456 | $1,950,000 | $1,339/ft² | March 7, 2025 | City record | | 5L (Apartment) | 2 | 1,062 | $1,285,000 | $1,210/ft² | January 23, 2025 | City record · MLS | | 8B (Apartment) | 1 | 800 | $887,000 | $1,109/ft² | November 13, 2024 | City record · MLS | | 12J (Apartment) | — | 636 | $662,000 | $1,041/ft² | August 20, 2024 | City record | | 4N (Apartment) | 2 | 911 | $1,220,000 | $1,339/ft² | August 12, 2024 | City record · MLS | | 5D (Apartment) | 1 | 717 | $850,000 | $1,185/ft² | August 6, 2024 | City record · MLS | | 6F (Apartment) | 1 | 576 | $750,000 | $1,302/ft² | August 5, 2024 | City record · MLS | | 7E (Apartment) | 3 | 1,329 | $1,514,572 | $1,140/ft² | May 24, 2024 | City record · MLS | | 5N (Apartment) | 2 | 1,019 | $1,310,000 | $1,286/ft² | May 20, 2024 | City record · MLS | | 4C (Apartment) | 2 | 1,112 | $1,200,000 | $1,079/ft² | January 24, 2024 | City record · MLS | | 5C (Apartment) | 3 | 1,176 | $1,500,000 | $1,276/ft² | October 30, 2023 | City record · MLS | | 8G (Apartment) | Studio | 539 | $570,000 | $1,058/ft² | August 10, 2023 | City record · MLS | | 9K (Apartment) | Studio | 636 | $645,000 | $1,014/ft² | June 14, 2023 | City record · MLS | | 9-B (Apartment) | 2 | 963 | $1,265,000 | $1,314/ft² | October 26, 2022 | City record · MLS | | 11-D (Apartment) | 2 | 940 | $1,310,000 | $1,394/ft² | June 30, 2022 | City record · MLS | | PH-B (Apartment) | 1 | 650 | $815,000 | $1,254/ft² | June 8, 2022 | MLS | | 12B (Apartment) | — | 650 | $809,500 | $1,245/ft² | June 8, 2022 | City record | | 3O (Apartment) | 2 | 1,019 | $1,225,000 | $1,202/ft² | May 28, 2022 | City record · MLS | | 4P (Apartment) | Studio | 636 | $660,000 | $1,038/ft² | May 25, 2022 | City record · MLS | | 12-C (Apartment) | 3 | 1,457 | $1,900,000 | $1,304/ft² | April 25, 2022 | City record · MLS | | 11-J (Apartment) | Studio | 636 | $635,000 | $998/ft² | March 10, 2022 | City record · MLS | | 3H (Apartment) | Studio | 539 | $570,000 | $1,058/ft² | January 12, 2022 | City record · MLS | | 2 (Duplex) | 3 | — | $1,649,000 | — | September 20, 2021 | City record · MLS | | 2L (Apartment) | 2 | 1,045 | $1,150,000 | $1,100/ft² | September 14, 2021 | City record · MLS | Every row is a recorded transaction, including ancillary spaces such as storage and staff rooms where they were sold separately. Those are excluded from the benchmark below. ### How this price compares The median closed price for comparable one-bedroom sales at 500 4th Avenue is $837,500, based on 4 sales between August 2024 and July 2025. This home is asking $795,000, $42,500 below that median. The middle half of those sales closed between $806,250 and $859,250. - **Median closed price**: $837,500 - **Middle half**: $806,250 – $859,250 - **Based on**: 4 one-bedroom sales at 500 4th Avenue - **Period**: August 2024 – July 2025 - **Median $/ft²**: $1,147/ft² Across the 3 of these sales with a published asking price, the median closed at 95.9% of what it originally asked. 67% of them closed below the original ask. ### How these sales were negotiated - **Sold vs original ask**: 95.9% of the original ask - **Closed below ask**: 67% of 3 sales - **Listed → in contract**: 104 days (about 15 weeks) - **In contract → closed**: 56 days (about 8 weeks) Across the 3 of these sales with a published asking price, the median closed at 95.9% of what it originally asked. 67% of them closed below the original ask. Half of these homes were in contract within 104 days (about 15 weeks) of coming to market, based on the 3 with a recorded listing date. Once a deal was agreed, closing took a further 56 days (about 8 weeks), based on the 3 with both dates recorded. These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure. Based on 4 one-bedroom sales at 500 4th Avenue, August 2024 – July 2025. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ. ### Price trend Median price per square foot for sales at 500 4th Avenue, 2017 to 2026. Price per square foot is used rather than sale price so the line follows the market rather than whichever apartments happened to change hands that year. | Year | Median $/ft² | Sales | | --- | --- | --- | | 2017 | $1,187/ft² | 12 | | 2018 | $1,151/ft² | 8 | | 2019 | $1,082/ft² | 9 | | 2020 | $1,074/ft² | 8 | | 2021 | $1,068/ft² | 13 | | 2022 | $1,224/ft² | 8 | | 2023 | $1,058/ft² | 3 (thin) | | 2024 | $1,163/ft² | 8 | | 2025 | $1,237/ft² | 8 | | 2026 | $1,179/ft² | 4 (thin) | Years marked "thin" rest on fewer than 5 sales, where a single unusual apartment moves the median a long way. Read those points as the small samples they are rather than as the market turning. Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for. [See every recorded sale at 500 4th Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/500-4th-avenue) ## Price and Property History for 500 4TH Avenue, Unit 5P Review the recorded listing activity for 500 4TH Avenue, Unit 5P, including asking-price changes and prior market dates. - **Latest price change**: Reduced by $54,000, or 6.4%, on May 26, 2026 - **Originally listed**: April 13, 2026 at $899,000 - **Entered contract**: June 23, 2026 | Date | Price | Listing event | | --- | --- | --- | | June 23, 2026 | $795,000 | Entered contract | | May 26, 2026 | $795,000 | Asking price reduced by $54,000, or 6.4% | | April 13, 2026 | $899,000 | Listed for sale by Corcoran Group | ## Property Tax History Taxes at 500 4th Avenue #5P were $8,775 in 2026, up 37.4% from 2025. | Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate | | --- | --- | --- | --- | --- | --- | --- | | 2026 (FY 2026/27) | $77,217 | $11,676 | $65,541 | $70,200 | $8,775 | 12.5% (estimated) | | 2025 (FY 2025/26) | $74,402 | $11,676 | $62,726 | $63,645 | $6,388 | 12.5% (estimated) | | 2024 (FY 2024/25) | $70,483 | $11,676 | $58,807 | $59,248 | $4,491 | 12.5% | | 2023 (FY 2023/24) | $64,720 | $11,676 | $53,044 | $55,325 | $2,838 | 12.502% | | 2022 (FY 2022/23) | $64,189 | $11,676 | $52,513 | $50,557 | $1,334 | 12.267% | | 2021 (FY 2021/22) | $44,443 | $11,676 | $32,767 | $44,443 | $116 | 12.235% | | 2020 (FY 2020/21) | $52,414 | $11,676 | $40,738 | $52,414 | $117 | 12.267% | | 2019 (FY 2019/20) | $50,864 | $11,676 | $39,188 | $42,339 | $119 | 12.473% | | 2018 (FY 2018/19) | $40,882 | $11,676 | $29,206 | $39,655 | $120 | 12.612% | | 2017 (FY 2017/18) | $40,717 | $11,676 | $29,041 | $37,839 | $121 | 12.719% | | 2016 (FY 2016/17) | $39,729 | $11,676 | $28,053 | $35,828 | $123 | 12.892% | | 2015 (FY 2015/16) | $39,531 | $11,676 | $27,855 | $33,983 | $123 | 12.883% | | 2014 (FY 2014/15) | $37,435 | $11,676 | $25,759 | $32,179 | $122 | 12.855% | | 2013 (FY 2013/14) | $31,802 | $11,675 | $20,127 | $30,725 | $125 | 13.145% | | 2012 (FY 2012/13) | $30,653 | $11,676 | $18,977 | $30,149 | $125 | 13.181% | | 2011 (FY 2011/12) | $30,502 | $11,676 | $18,826 | $28,081 | $128 | 13.433% | | 2010 (FY 2010/11) | $30,507 | $11,676 | $18,831 | $25,974 | $127 | 13.353% | The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one. Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls. Figures are the New York City Department of Finance assessment roll for tax lot 3010271066. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change. [How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology) ## About The Building ### 500 4th Avenue Gowanus · Condominium 500 4th Avenue, Brooklyn, NY 11215 A building in Gowanus, currently featuring 3 active listings. - **Year Built**: 2010 - **Total Units**: 3 - **Floors**: 12 [View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/500-4th-avenue) ### Available Residences — For Sale (3) | Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [5P](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/500-4th-avenue-p-5P-ny-11215) | 1 | 1 | 620 sqft | $1,282 | $795,000 (-6.4%) — In contract | Corcoran Group | Apr 13, 2026 | 151 days | | [3A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/500-4th-avenue-a-3A-ny-11215) | 2 | 2 | 1,064 sqft | $1,128 | $1,200,000 — In contract | Compass | Jun 9, 2026 | 94 days | | [5F](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/500-4th-avenue-5f-ny-11215) | 1 | 1 | 576 sqft | $1,207 | $695,000 | Serhant | Sep 8, 2026 | 3 days | ## Estimated Monthly Payment **$5,136 / month**, assuming a 20% down payment ($159,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three. - **Principal & Interest**: $4,020 - **Common Charges**: $1,116 Estimates only. Actual payments may vary. Confirm terms with your lender. ## Gowanus Overview of Gowanus [Explore Gowanus](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ### Nearby Gowanus - [Carroll Gardens real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/carroll-gardens) - [Park Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/park-slope) - [Boerum Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/boerum-hill) - [South Slope real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/south-slope) - [Cobble Hill real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/cobble-hill) - [Red Hook real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/red-hook) ## Related Links - [500 4th Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/500-4th-avenue) - [Gowanus neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/gowanus) - [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact) --- > RLS IDX Data display by Real Estate Rebate Team. This 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. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. > All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.