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Luxury Indoor-Outdoor Living with a Rare 640 SQFT Wraparound Terrace in Prime Park Slope Welcome to Residence 4D at 554 Fourth Avenue, a striking one-bedroom, one-bath home that redefines modern Brooklyn living with its seamless blend of sophisticated interiors and extraordinary private outdoor space. Perched on the fourth floor of an architecturally distinctive boutique condominium, this beautiful residence spans approximately 728 square feet of interior space and features a 640-square-foot wraparound terrace — an expansive and versatile outdoor oasis rarely found in a one-bedroom home. Floor-to-ceiling windows bathe the open-concept living and dining areas in natural light, highlighting soaring 10-foot ceilings and creating an airy, inviting atmosphere. The sleek, designer kitchen is both functional and beautiful, anchored by black marble countertops and equipped with a Bosch panel-front refrigerator and dishwasher, a KitchenAid gas range, and abundant storage. The serene bedroom offers generous closet space, while the spa-like bathroom is clad in white marble tile and features a deep soaking tub, and rainfall shower-head— an ideal retreat at the end of the day. Additional highlights include in-unit laundry, central air conditioning, and thoughtfully curated finishes throughout. An entertainer’s dream, the private wraparound terrace provides endless possibilities for outdoor dining, gardening, or simply unwinding in the sun with skyline views as your backdrop. Residents of 554 Fourth Avenue enjoy a boutique collection of luxury amenities, including a fully equipped fitness center, a landscaped common terrace with luxurious outdoor seating and pergola, bike storage, and a porter. Pets are welcome, and a recent building-wide facade restoration project, already fully assessed, is scheduled for completion in winter 2025 — ensuring peace of mind and long-term value. Located in the heart of Park Slope, one of Brooklyn’s most coveted neighborhoods, 554 Fourth Avenue offers the best of both worlds: tree-lined streets and historic brownstones alongside a vibrant mix of acclaimed restaurants, cafés, boutiques, and cultural destinations. Convenient access to multiple subway and bus lines connects you effortlessly to Manhattan and beyond. A rare combination of indoor-outdoor luxury, boutique amenities, and prime location — Residence 4D is truly one-of-a-kind.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
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Our Executive Mortgage Banker:
$875,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $700,000 | $700,000 | $700,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,920 | $4,253 | $5,860 |
| Total Monthly Payment | $4,012 | $4,345 | $5,952 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.