NOT LISTED FOR SALE

507 President St Unit 3R Brooklyn, NY 11215

Gowanus Neighborhood

Estimated Value: $707,000

1 Bed
1 Bath
-- Sq Ft
$475/mo HOA Fee

Last Sold June 28, 2024

Last sale price $699,000

Est. 1% increase in value since last sale

Current estimated payment $5,034/month

29 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Union Street
  • Recessed Lighting
  • P.S. 32 Samuels Mills Sprole Rated A-
  • Cooling Available
  • 5-minute walk to Thomas Greene Playground

About This Home

As of June 2024

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.

Last Agent to Sell the Property

Carolina Chia

Compass License #10401233612 Listed on: 04/01/2024

Compass

Co-Listed By

Elliot Brietta

Compass License #10401367046

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1900

Lot Details

  • Garden

HOA Fees

  • $475 Monthly HOA Fees

Interior Spaces

  • 4-Story Property
  • Recessed Lighting
  • Wood Flooring
  • Washer

Kitchen

  • Gas Cooktop
  • Range Hood
  • Freezer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • No Heating

Community Details

  • 8 Units
  • Gowanus Subdivision

Listing and Financial Details

  • Legal Lot and Block 0043 / 00440

Property Details

Home Type

Co-Op

Year Built

Built in 1900

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Exposures: North,South
  • Property SubType: Apartment
  • Property Type: Residential
  • Neighborhood: Gowanus
  • Architectural Style: Walk-Up
  • Entry Level: 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Coop
  • Stories: 4

Interior Features

  • Interior Features: Recessed Lighting
  • Appliances: Freezer, Gas Cooktop, Gas Oven, Range, Refrigerator, Range Hood, Stainless Steel Appliance(s), Washer
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area Units: Square Feet
  • Rooms (Total): 3

Beds/Baths

  • Full Bathrooms: 1
  • Bathrooms Integer: 1
  • Bedrooms: 1

Exterior Features

  • Exterior Features: Garden

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: Building Washer Dryer Install Allowed
  • Cooling: Other
  • Cooling: Yes
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee: 475.0
  • Common Charge/Maintenance Fee Frequency: Monthly
  • Common Interest: Stock Cooperative
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 70.000000x100.000000

Building Info

  • New Construction: No
  • Units: 8
  • Total Stories: 4
  • Year Built: 1900

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 00440
  • Tax Lot: 0043

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $699,000 0.0% --
05/01/2024 05/01/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $699,000 +47.2% --
07/05/2023 07/05/23 Sold $475,000 0.0% --
07/16/2019 07/16/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $475,000 -- --
Source: Real Estate Board of New York (REBNY)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Carolina Chia

    Compass

    (917) 714-1188

    1 in this area

    15 Total Sales

    Carolina Chia
    Section Image

  • E

    Seller Co-Listing Agent in 2024

    Elliot Brietta

    Compass

    (602) 708-7205

    1 in this area

    5 Total Sales

    Elliot Brietta
    Section Image
  • Christine Toes Muldoon

    Seller's Agent in 2023

    Christine Toes Muldoon

    Compass

    (646) 798-8903

    2 in this area

    42 Total Sales

    Christine Toes Muldoon
    Section Image
  • Gulnara Yunussova

    Seller Co-Listing Agent in 2023

    Gulnara Yunussova

    Compass

    (347) 607-1662

    1 in this area

    25 Total Sales

    Gulnara Yunussova
    Section Image
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Map

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS10976532

Real Estate Board of New York (REBNY)

APN: 00440-0043

New York Kings County Brooklyn 11215 Gowanus

507 President St Unit 3R, Brooklyn, NY

This home is located at 507 President St Unit 3R, Brooklyn, NY 11215 since 01 April 2024 and is currently estimated at $707,000. This property was built in 1900. 507 President St Unit 3R is a home located in Kings County with nearby schools including P.S. 32 Samuels Mills Sprole, New Dawn Charter High School, and Al-Madinah School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Real Estate Board of New York (REBNY) This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

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