NOT LISTED FOR SALE

Estimated Value: $4,247,000 - $5,151,000

7 Beds
4 Baths
4,542 Sq Ft
$1,010/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $4,275,000 $941 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $25,962/month

91 Days on Market

Highlights

  • Pre War Building
  • 3-minute walk to Carroll Street
  • Den
  • P.S. 32 Samuels Mills Sprole Rated A-
  • Terrace
  • 4-minute walk to Carroll Park

About This Home

As of October 2022

356 President Street

A remarkable multi-family townhouse nestled in the Carroll Gardens Historic District, 356 President is a seamless blend of contemporary chic and classic Brooklyn charm. Features of this 4,542 sq. ft., 22-ft wide home include a gorgeous redbrick facade, a finished cellar with extra storage, a utility sink, and a washer/dryer, a landscaped backyard with cedar fencing and built- in seating, exposed wood beams and brick walls, 8 fireplaces, a 3-story extension, a pair of 2-bedroom, 1-bathroom rental units, an owners duplex, and a host of restored original details that include stunning hardwood floors, marble fireplace mantles, and incredibly intricate ceiling medallions and moldings.

The 3-bedroom, 2-bathroom owners duplex has two entrances and access to the backyard. The upper level of the duplex opens into a formal living room adorned with a regal fireplace, a pair of floor-to-ceiling windows, and elegant period details. It then leads through pocket doors into a gracious dining room with an attached bathroom and, from there, flows into a lovely eat-in kitchen. The windowed kitchen has access to a rear deck and is equipped with a huge peninsula, sleek countertops, a stone backsplash, and a suite of high-end stainless steel appliances. All three bedrooms and a cozy den sit on the garden level of the duplex. The primary bedroom has a walk-in closet and a fireplace while the other bedrooms look out into backyard. All three bedrooms share access to a pristine full bathroom.

The rental units are ideal for generating additional income or hosting relatives. Each one features 2 bedrooms, 1 bathroom, a fully equipped kitchen, a spacious living area, and charming period details.

356 President Street is situated on a quiet, tree-lined street in Carroll Gardens. It is just moments away from an array of trendy restaurants, bars, cafes, grocery stores and shops, and is close to Carroll Park, Gowanus, and Boerum and Cobble Hills. The F and G subway lines are just 2 blocks away.

Last Agent to Sell the Property

Bradley Mohr

Serhant License #10401252493 Listed on: 05/17/2022

Serhant

Co-Listed By

James Hayes II

Serhant License #10401229618

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,735

Year Built

  • Built in 1869

Lot Details

  • 1,760 Sq Ft Lot
  • Lot Dimensions are 22.0 x 80.0
  • Garden

Home Design

  • Pre War Building

Interior Spaces

  • 4,542 Sq Ft Home
  • 3-Story Property
  • Den
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Washer Dryer Allowed

Outdoor Features

  • Terrace

Community Details

Overview

  • 3 Units
  • Carroll Gardens Subdivision

Amenities

  • Community Garden
  • Building Terrace

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,735

Year Built

Built in 1869

Lot Details

0

Listing Details

  • Exposures: North,South
  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Carroll Gardens
  • Architectural Style: Prewar
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: Den, Separate/Formal Dining Room, Eat-in Kitchen
  • Appliances: Dryer, Washer Dryer Allowed, Washer
  • Living Area: 4542.0
  • Living Area Units: Square Feet
  • Rooms (Total): 15
  • Dining Room Type: Den

Beds/Baths

  • Full Bathrooms: 4
  • Bathrooms Integer: 4
  • Bedrooms: 7

Exterior Features

  • Exterior Features: Building Garden, Garden
  • Patio/Porch Features: Building Terrace, Terrace

Garage/Parking

  • Garage: No

Lot Info

  • Lot Size Area: 1760.0
  • Lot Size Dimensions: 22.0 x 80.0

Building Info

  • Units: 3
  • Total Stories: 3
  • Year Built: 1869

Tax Info

  • Tax Block: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Oct 28, 2022
Sold by
356 President Street Llc
Bought by
356 President Street Owner Llc
Seller's Agent
Bradley Mohr
Serhant
List Price
$4,600,000
Sold Price
$4,275,000
Premium/Discount to List
-$325,000
-7.07%
Views
6
Current Estimated Value
$4,586,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,128
Avg. Annual Appreciation
3.18%
Original Mortgage
$2,992,500
Outstanding Balance
$2,905,203
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,750,056

Purchase Details

Closed on
Jan 24, 2017
Sold by
Henry Michael
Bought by
356 President Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,780,000
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2009
Sold by
Russo Andrew D
Bought by
Henry Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2000
Sold by
Russo Marion
Bought by
Russo Andrew D
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
356 President Street Owner Llc $4,275,000 --
356 President Street Owner Llc $4,275,000 --
356 President Street Llc $3,800,000 --
356 President Street Llc $3,800,000 --
Henry Michael $1,575,000 --
Henry Michael $1,575,000 --
Russo Andrew D -- Title Services
Russo Andrew D -- Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 356 President Street Owner Llc $2,992,500
Closed 356 President Street Owner Llc $2,992,500
Previous Owner 356 President Street Llc $2,780,000
Previous Owner Henry Michael $250,000
Previous Owner Henry Michael $273,000
Previous Owner Henry Michael $1,260,000
Previous Owner Russo Andrew D $160,000
Previous Owner Russo Andrew D $46,096
Previous Owner Russo Andrew D $50,000
Previous Owner Russo Andrew D $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2022 10/28/22 Sold $4,275,000 -7.1% $941 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $4,600,000 -- $1,013 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,735 $386,040 $22,860 $363,180
2024 $6,735 $320,280 $22,860 $297,420
2023 $6,461 $333,060 $22,860 $310,200
2022 $6,008 $273,120 $22,860 $250,260
2021 $6,334 $290,760 $22,860 $267,900
2020 $3,082 $352,560 $22,860 $329,700
2019 $5,846 $280,320 $22,860 $257,460
2018 $5,404 $26,512 $2,924 $23,588
2017 $5,113 $25,081 $2,728 $22,353
2016 $5,014 $25,081 $3,398 $21,683
2015 $2,854 $24,657 $5,007 $19,650
2014 $2,854 $23,288 $5,674 $17,614
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10822040

Real Estate Board of New York (REBNY)

APN: 00444-0011