507 President Street, Unit 3R

$699,000
Price
1
Beds
1
Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Elegantly renovated, with incredibly low monthlies, this beautiful floor-through has Northern and Southern exposures designed to maximize the day-long natural light.
Every inch of the apartment has been thoughtfully upgraded. Sophisticated recessed lighting added throughout, along with new oak floors finished with tung oil. Currently, the apartment is configured as one inviting, open space – but simply adding a wall can easily transform it back to a true 1-bedroom, if desired.
The open chef’s kitchen
...Elegantly renovated, with incredibly low monthlies, this beautiful floor-through has Northern and Southern exposures designed to maximize the day-long natural light.

Every inch of the apartment has been thoughtfully upgraded. Sophisticated recessed lighting added throughout, along with new oak floors finished with tung oil. Currently, the apartment is configured as one inviting, open space – but simply adding a wall can easily transform it back to a true 1-bedroom, if desired.

The open chef’s kitchen features a Bertazzoni stove and hood, 2 under-the-counter Summit fridges and freezers, and a Miele washer. The long quartz countertop provides an elegant look with maximum durability, and ensures there’s plenty of work space, along with abundant cabinets for storage.

In addition to the plentiful storage space within, including custom storage added during the renovation, the residence comes with private storage in the basement.

507-509 President Street is an eight-unit, self-managed co-op building. Owners share a fantastic back garden complete with a dining table and grill, perfect for outdoor gatherings. In addition to a generous storage area in the basement, there’s a common bike storage and an exercise area. The co-op’s HDFC regulatory agreement has expired, but the board has maintained high income caps on purchases to ensure valuable DAMP tax benefits and keep the common charges low. The co-op allows co-purchasing, parents buying for children, and pied-a-terres. Pets are welcome with board approval.

*This co-op has a flip tax paid by the seller of 5% if sold after less than 3 years of ownership, 2% if sold after 3-5 years of ownership, and no flip tax after more than 5 years of ownership.

Listing Agents

  1. Carolina Chia

    Carolina Chia

    Listing Agent

    Compass

  2. Elliot Brietta

    Elliot Brietta

    Alternative Listing Agent

    Compass

Amenities

  • Common Garden
  • Common Outdoor Space
  • Hardwood Floors
  • Walk Up
  • Washer
  • Window AC can be Installed
  • Stainless Steel Appliances
  • Gas Oven

Location

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LISTING UPDATED: 04/18/2024 08:59 AM

Property Details for 507 President Street, Unit 3R

StatusActive
Days on Market28
Taxes-
Maintenance$475 / month
Min. Down Pymt20%
Total Rooms3.0
Compass TypeCo-op
MLS TypeCo-Operative
Year Built1900
CountyKings County

Building

507 President St

8 Units4 StoriesBuilt in 1900

Location

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Building Information for 507 President Street, Unit 3R

Building/Complex507 President StFloor3Stories4Residences8Pet PolicyAllowedYear Built1900Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$4,290 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,815

Property Taxes

$0

Maintenance/Common Charges

$475

The Payment Calculator is for illustrative purposes only.

Property History for 507 President Street, Unit 3R

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 507 President Street, Unit 3R

Taxable ValueLand-Additions-Total-
Home Facts
APN3004400043

Schools near 507 President Street, Unit 3R

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 32 Samuels Mills Sprole
PublicPK to 5

Ms 51 William Alexander
Public6 to 8

Brooklyn High School of the Arts
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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507 President Street, Unit 3R is a co-op for sale in Gowanus. This property was listed for sale on April 1, 2024 by Compass, it's currently listed at $699,000. It has been on the market for a total of 28 days and was last sold on February 11, 2020. This listing's school district is Nyc Geog District #15 - Brooklyn. Nearby schools include P.S. 32 Samuels Mills Sprole, Ms 51 William Alexander and Brooklyn High School of the Arts. 507 President Street, Unit 3R is a 1-bed, 1-bath, co-op built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY 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. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.