551 4th Street
551 4th Street, between Eighth Avenue and Prospect Park West, Park Slope
Park Slope, Brooklyn
BBL 3010810065 · BIN 3025503
- Type
- Cooperative
- Landmark status
- Not an individual landmark; in the Park Slope Historic District
- NYC Landmarks Preservation Commission records, updated February 2026
- Dogs and cats
- Permitted
Every recorded sale at this building, 2005–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf, 2026 to date
- $1,932
- 1 sale
- Listing discount
- 2.1%
- Recorded sales
- 7
- On record
- 2005–2026
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A Private Pricing Opinion — what your apartment at 551 4th Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.
About the building
551 4th Street is a brick apartment house with a limestone first floor designed by Thomas Bennett for H. B. May in 1905. Its neo-Georgian and Federal details belong to the early apartment-building development of Park Slope's park blocks. The four-story building stands within the original Park Slope Historic District, on the block immediately west of Prospect Park.
The eight homes include three-bedroom apartments arranged on individual floors and a garden-level home with direct private outdoor access. A garden and terrace extend from the rear of the lower apartment; upper homes are reached by the common stairs. Interiors retain prewar proportions while renovations have introduced additional bathrooms, in-unit laundry and individual climate-control systems. Some homes have windows on three sides.
Pets and in-unit washer/dryer
- Dogs and cats
- PermittedSource: The Roebling Team's building profile
- In-unit washer/dryer
- Not verified
Considering an apartment here? Send Corey the listing to confirm the pet and washer/dryer rules for that apartment.
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Local Law 97
This building is below the 25,000 sq ft threshold at which LL97 limits apply to a building on its own. It is still covered if it shares a tax lot or condominium board with buildings totaling over 50,000 sq ft; confirm on DOB’s covered-buildings list.
See full Local Law 97 analysis →Recent sales
Recent transfers at this building, from The Roebling Research Library. Prices are the transfer amounts recorded with the NYC Department of Finance; apartment-level detail is checked against the building’s own file in The Roebling Research Library before publishing.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| May 27, 2026 | 1L | 3 BR · 2 BA · 1,170 sf | $2,260,000 | $1,932/sf | +2.7% |
| Oct 7, 2022 | 4R | 3 BR · 1 BA | $1,650,000 | -1.5% | |
| Jun 11, 2020 | 1L | 3 BR · 1 BA · 1,100 sf | $1,050,000 | $955/sf | -19.2% |
| Sep 14, 2012 | 2R | 2 BR · 1 BA · 1,200 sf | $939,000 | $783/sf | -10.6% |
| Sep 25, 2009 | 2R | 2 BR · 1,200 sf | $862,000 | $718/sf | -2.6% |
| Dec 17, 2007 | 4R | 3 BR · 1,100 sf | $835,000 | $759/sf | -1.6% |
Market read. Most recent trades (2026 to date) cleared a median $1,932/sf (recorded) across 1 sale. Median listing discount 2.1% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-01081-0065). Apartment-level facts (line, condition, asking-price context) curated and cross-verified in The Roebling Research Library. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage on co-ops is not officially recorded, figures shown are approximate.
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Buying here? Co-op closing costs typically run 2 to 3% of the price. See NYC co-op and condo closing costs, line by line.
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What to know if you’re buying
The brick façade and limestone base are a common expense shared by eight apartments and a protected feature of the historic district. Repairs involving replacement stone or altered window details require a preservation approach appropriate to Bennett's original design.
Comparable buildings
- 904 Union Street — another small prewar cooperative in a low-rise Park Slope building.
- 459 12th Street — a small cooperative converted from a prewar garage.
- 86 Prospect Park West — a larger cooperative in a similarly low-rise building directly facing the park.
- 75 Prospect Park West — park-front cooperative ownership with a larger association and taller structure.
More Park Slope buildings
- 501 8th Avenue — 1910 condominium
- 523–527 Eighth Street, 523 and 527 Eighth Street — 1904 co-op
- 53 Lincoln Place — condominium
- 560 Carroll Street — 2010 condominium
- 561 10th Street — 1882 co-op
- 565 Fifth Street — condominium
The neighborhood
For the full neighborhood — its buildings, character, and market — read The Roebling Team Guide to Park Slope.
The full playbook — what goes in the package, how boards read your financials, the interview, and the timeline — plus sample cover, reference, and personal letters you can adapt.
How to read the facts on this page. Items attributed to an offering plan describe the building as it was offered at that filing — unit mix, square footage, the amenity program as planned. They are not a statement about how the building operates today. Tax and compliance figures are sourced separately to current City records and carry their own dates. House rules, staffing and fee policy can change by board resolution without any public filing: treat every policy line here as a starting point for diligence and confirm it with the managing agent. Where this page compares one building or neighborhood to another, that is our analysis of the recorded record — it names the measure, the period and the sample it rests on, and it is an observation about medians rather than a prediction about any particular apartment.
Considering a move at 551 4th Street?
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646.939.7375 · c.cohen@compass.com