605 President Street

$2,695,000
Price
4
Beds
3
Baths
1,848 Sq. Ft.
$1,458 / Sq. Ft.
1,848
Sq. Ft.
$1,458
per Sq. Ft.

Description

Showing by appointment only
Welcome home to 605 President Street, a legal 3-family townhouse!
This modern Park Slope townhouse was gut renovated in 2015 to feature open-floor living spaces and is currently configured as a 2-family dwelling. The owner's duplex is on the parlor and second floors. A one bedroom rental on the garden level can be used for the traditional “mother-in-law” apartment or for income potential. The updated design provides outdoor space, abundant storage and plenty of natural
...Showing by appointment only

Welcome home to 605 President Street, a legal 3-family townhouse!

This modern Park Slope townhouse was gut renovated in 2015 to feature open-floor living spaces and is currently configured as a 2-family dwelling. The owner's duplex is on the parlor and second floors. A one bedroom rental on the garden level can be used for the traditional “mother-in-law” apartment or for income potential. The updated design provides outdoor space, abundant storage and plenty of natural light to both homes. As a bonus, this building allows the rare opportunity for expansion, making it a true investment property.

Walking up the picturesque brownstone stoop, you soon enter the parlor level foyer, which is exclusive to the owner (no need to share hallways with your tenant). As you enter the owner's duplex, you are drawn into a welcoming, modern living space. Follow the sunlight from the two large south-facing front windows, through the kitchen and formal dining area, and onto the spacious deck out back. You'll also find a full bathroom on this floor.

The flow of the parlor floor makes this a space for family to gather. The chef's kitchen is equipped with a 6 burner Viking range/oven, Sub-zero refrigerator, and Bosch dishwasher. Meals can be shared at the 9 ft quartz island, in the formal dining area or out on the spacious deck. The deck has a gas grill and can be utilized as your outdoor kitchen. A few steps down is a lush backyard, for relaxation or play. The large outdoor space adds to year-round livability, accommodating al fresco dining, all-season grilling, outdoor entertaining, gardening, and significant play space for children. The subtle transitions between the different areas provides a space that feels warm and unified, yet incredibly spacious.

Back inside, walk up the stairs to the three bedrooms. The sunny and airy master bedroom overlooks the garden. The other two bedrooms face tree-lined President Street, one of which has a walk-in closet. A huge bathroom features double sinks and a tub/shower combo. A washer/dryer is also conveniently located on this level.

The contemporary one bedroom garden rental features an open kitchen with stainless steel appliances, Bosch dishwasher and a washer/dryer. There is an outdoor patio off of the bedroom that is roughly 300 sq ft for your tenant's use. The current rental unit offers an appealing and ongoing rent roll of approximately $37,440 per year.

Below ground, the cellar is dry, has high hat lights installed and is perfect for storage. Without much imagination or cost, the cellar can easily be transformed into additional living space - a workshop, a wine cellar, a gym, a play room, an office or whatever you need it to be.

The low expenses and strong rent roll positions at 605 President Street creates an ideal opportunity for a family looking to live in this coveted section of Park Slope, while having a tenant help pay their bills. The current owners anticipated all future needs and were proactive in building maintenance, installed all new plumbing and electric, an on-demand tankless water heater, and ductless mini split Mitsubishi air conditioning units. This was an all-in effort to ensure a seamless turn-key experience for the next savvy owner.

The house has an additional 933 feet of unused air rights, allowing you to build a third floor and/or extension to increase either the owner’s space or add another rental unit and double your income.









Listing Agents

  1. Alejandro Beitler

    Alejandro Beitler

    Listing Agent

    Compass

    alejandro@compass.com

    P: 917.566.2829

  2. Beitler Team

    Beitler Team

    Listing Agent

    Compass

Amenities

  • City Views
  • Private Yard
  • Deck
  • Hardwood Floors
  • Walk Up
  • Washer / Dryer
  • Washer / Dryer in Unit
  • Laundry in Building

Location

Add your commute
LISTING UPDATED: 01/27/2021 04:44 PM

Property Details for 605 President Street

StatusTemporarily Off Market
Days on Market56
Taxes$473 / month
Maintenance-
Min. Down Pymt10%
Total Rooms6.0
Compass TypeTownhouse
MLS TypeSingle Family
Year Built1901
Lot Size1,393 SF / 15' x 95'
CountyKings County

Building

605 President St

3 Units2 StoriesBuilt in 1901

Location

Add your commute

Building Information for 605 President Street

Stories2Year Built1901Building Size0' x 0'Building Sq. Ft0 SFLot Size1,393 SF / 15' x 95'Building Age-Building TypeBrownstoneSenior Community-

Payment Calculator

$17,019 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,546

Property Taxes

$473

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 605 President Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 605 President Street

Taxable ValueLand$21,900Additions$128,880Total$150,780
Home Facts
Total Finished SqFt1,848 SqFtLot Size1,393 SqFtYear Built1901ZoningR6BAPN3009550072

Schools near 605 President Street

This home is within Nyc Geog District #13 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
P.S. 282 Park Slope
PublicPK to 5

Brooklyn Technical High School
Public9 to 12

P.S. 133 William A Butler
PublicPK to 5

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.

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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.