$3,995,000
Estimated Payment$18,868/mo
House For Sale

104 President Street #Building, Brooklyn, NY 11231

11Beds
11Baths
Residential House With Garden

Deal Fell Through, Rare Opportunity To Own An 8-UNIT Building In One Of Brooklyn's Most Desirable Areas! Garden Units Are Vacant! Combine the two ground-floor apartments and create your dream, 25 feet wide X 60 feet long, 3 Bed, 2 Bath Garden apartment (with a 25 X 40 Garden!) and have rental income from the 6 other units!104 President Street, an 8-Unit brick building in the Columbia Street Waterfront District/Carroll Gardens area is a savvy investors dream chock full of value-add opportunities! Take advantage of this extremely rarely available investment property on the market for only the second time in over 50 years! With condominiums in the area demanding in the upwards of $1500 per square foot, 104 President can potentially be your next condo-conversion project , the perfect building to create your dream 25-foot-wide, income-producing townhouse with owners duplex or triplex, or simply do some light renovations to increase the current rent-roll. The options are virtually endless! Situated on a tree-lined, sunny block, 104 President is 6000 square feet of residential space (not counting the basement), 25ft X 60ft on a 25ft X 100ft lot, 4 floors plus a large basement. The backyard area measures 25ft X 40ft! Zoned R6B. Surrounded by several community parks and gardens, tasty restaurants, and many other conveniences, the Columbia Street Waterfront remains one of the most coveted areas in Brooklyn. A stones throw from Red Hook in one direction, Brooklyn Bridge Park in the other, and Cobble Hill/Carroll Gardens in the other! A truly special neighborhood. 104 President Street consists of 6 free-market apartments and 2 rent-stabilized apartments. Five 1 bedroom/1bathroom, 4 room floor-through units (2 of which are Rs) and three 2 bedroom/2 bathroom + den floor-through units (all free-market). All of the free-market units (6) will be delivered vacant! Please inquire via email/text/phone for additional information including rent-roll, expenses, et

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104 President Street #Building
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Location
104 President Street #Building Brooklyn, NY 11231
Home Details

Listing Details

General

  • Pets Allowed: No pets

    Interior Details

    Rooms

    • Full Bathrooms: 11

      MLS Details

      General

      • Days on Homes.com: 42
      • MLS Number: CORC-6137273
      • Listed: 10/22/2021
      • Last Updated: 11/29/2021
      • Offered By: The Corcoran Group
      • Listing Source: Real Estate Board of New York
      Monthly Payment Calculator

      $18,868

      Estimated Mortgage
      Principal & Interest
      $13,474
      Insurance
      $1,398
      Taxes
      $3,995
      Mortgage Insurance
      $0
      i
      Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
      i
      If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
      Nearby Schools
      • Hannah Senesh Community Day School
        Class size: 9
      • Al-Madinah School
        Class size: 11
      • St Joseph High School
        Class size: 9
      • Mary McDowell Center For Learning
      • Brooklyn Heights Montessori School
        Class size: 8
      Points of Interest

      Airports

      Distance
      • La Guardia
        12.3 mi
      • John F. Kennedy International
        15.3 mi
      • Newark Liberty International
        15.6 mi

      Colleges

      Distance
      • ASA Institute of Business and Computer Technology
        1.9 mi
      • St. Francis College
        1.9 mi
      • Brooklyn Law School
        2.1 mi

      Military Bases

      Distance
      • Governors Island Support Center
        4.2 mi
      • Military Ocean Terminal
        13.1 mi

      Parks and Recreation

      Distance
      • Coffey Park
        0.3 mi
      • Red Hook Park
        0.7 mi
      • Waterfront Museum & Showboat Barge
        1.0 mi
      • Valentino Pier
        1.1 mi
      • Gowanus Canal
        1.2 mi

      Shopping Centers

      Distance
      • Neighborhood Center at 498 Columbia St
        0.5 mi
      • Park Slope Plaza
        1.2 mi
      • City Point
        2.0 mi
      Listing Agent
      Yan Dekhtyar
      The Corcoran Group
      Brooklyn, NY
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      $3,995,000

      11 Beds11 Baths

      104 President Street #Building

      Brooklyn, NY 11231

      Yan Dekhtyar
      The Corcoran Group