NOT LISTED FOR SALE

511 President St Brooklyn, NY 11215

Gowanus Neighborhood

Estimated Value: $1,975,000 - $4,216,000

9 Beds
3 Baths
3,240 Sq Ft
$974/Sq Ft Est. Value

Sale Details

Date Sold: June 23, 2025

Last sale price $1,870,000 $577 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $17,449 / mo

Highlights

  • Wood Flooring
  • 3-minute walk to Union Street
  • Heating System Uses Steam
  • P.S. 32 Samuels Mills Sprole Rated A
  • Garden
  • 5-minute walk to Thomas Greene Playground

About This Home

As of June 2025

3 family house DELIVERED VACANT! Three levels plus a basement. Great location. Needs some TLC. House is 25x40

Last Agent to Sell the Property

Robert Coppolino

RE/MAX Elite License #40CD1021797 Listed on: 10/24/2024

RE/MAX Elite

Last Buyer's Agent

Robert Coppolino

RE/MAX Elite License #40CD1021797 Listed on: 10/24/2024

RE/MAX Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,835

Year Built

  • Built in 1930

Lot Details

  • 1,981 Sq Ft Lot
  • Lot Dimensions are 80 x 25
  • Garden
  • Back Yard

Home Design

  • Flat Roof Shape
  • Poured Concrete

Interior Spaces

  • 3,240 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Cellar

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 440

Community Details

Overview

  • 3 Units

Building Details

  • Fuel Expense $3,000
  • Insurance Expense $2,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,835

Year Built

Built in 1930

Lot Details

1,981 Sq Ft Lot

Listing Details

  • Basement Amenities: Cellar, Full
  • Total Bathrooms: 3.00
  • Baths Total Level1: 1.00
  • Baths Total Level2: 1.00
  • Baths Total Level3: 1.00
  • Borough: Brooklyn
  • Building Length: 40.00
  • Building Width: 25.00
  • Confirmed By M L S Y N: Yes
  • Cross Street: 3rd Avenue
  • Cross Street Name2: Nevins
  • Handicap Access Y N U: No
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 3
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Multi-Family
  • Prop. Type: Residential
  • Residential Features: Patio Garden
  • Rooms Total Level3: 5
  • Fill Sq Ft Total: 3240
  • Building Stories: 3
  • Street Name I D X: President
  • Building Style: Other
  • Waterfront Present: No
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Full Bathrooms: 3
  • Total Bedrooms: 9
  • Flooring: Hardwood, Laminate, Tile
  • Lot Sq Ft: 1981

Exterior Features

  • Yard: Back
  • Exterior Building Type: Attached
  • Construction Type: Other
  • Exterior: Other
  • Foundation Details: Poured Concrete
  • Lot Number: 42
  • Roof: Flat

Utilities

  • Air Conditioning Units: 0
  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 3000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 25
  • Zoning: M1-2

Multi Family

  • Insurance Expense: 2500.00

Tax Info

  • Flip Tax Amount: 4835.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Jun 20, 2025
Sold by
Bought by
Seller's Agent
Robert Coppolino
RE/MAX Elite
Buyer's Agent
Robert Coppolino
RE/MAX Elite
List Price
$1,999,999
Sold Price
$1,870,000
Premium/Discount to List
-$129,999
-6.5%
Views
70
Current Estimated Value
$3,154,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,284,667
Avg. Annual Appreciation
72.41%
Original Mortgage
$1,897,092
Outstanding Balance
$1,880,784
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,273,883

Purchase Details

Closed on
Jan 17, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,550
Interest Rate
5.26%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 4, 2008
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,870,000 --
-- --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,897,092
Previous Owner $264,550
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/23/2025 06/23/25 Sold $1,870,000 -4.1% $577 / Sq Ft
04/08/2025 04/08/25 Price Changed $1,949,999 -2.5% $602 / Sq Ft
10/24/2024 10/24/24 For Sale $1,999,999 -- $617 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,116 $228,600 $24,660 $203,940
2025 $4,835 $203,400 $24,660 $178,740
2024 $4,835 $220,680 $24,660 $196,020
2023 $4,627 $247,080 $24,660 $222,420
2022 $4,291 $253,380 $24,660 $228,720
2021 $4,524 $250,620 $24,660 $225,960
2020 $2,221 $209,460 $24,660 $184,800
2019 $4,197 $173,460 $24,660 $148,800
2018 $3,870 $18,987 $2,286 $16,701
2017 $3,652 $17,914 $3,175 $14,739
2016 $3,581 $17,914 $3,584 $14,330
2015 $2,038 $17,690 $4,264 $13,426
2014 $2,038 $16,719 $4,619 $12,100
Source: Public Records

Agents Affiliated with this Home

  • Robert Coppolino

    Seller's Agent in 2025

    Robert Coppolino

    RE/MAX

    (917) 822-2310

    1 in this area

    58 Total Sales

    Robert Coppolino
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 487008

Brooklyn Board of REALTORS®

APN: 00440-0042

New York Kings County Brooklyn 11215 Gowanus

511 President St, Brooklyn, NY

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