878 President St Brooklyn, NY 11215
Park Slope Neighborhood
5
Beds
6
Baths
4,288
Sq Ft
2,000
Sq Ft Lot
Highlights
- Fireplace in Kitchen
- Deck
- Central Air
- P.S. 321 William Penn Rated A
About This Home
As of June 2024878 President Street offers the rare opportunity to experience the elegance of a stunning semi-attached 20'53' Park Slope townhouse, moments from Prospect Park. This meticulously redone 2-family home is all you could want, featuring a fabulous 4 bedroom, 3 and a half bath owner's triplex, and a great income producing 1 bedroom, 1 and a half bathroom garden apartment. Simply open up the double doors to the apartment and this property seamlessly converts to a single-family dream home!
Enter on the parlor level through a classic set of original wood doors where you will find the spacious living room complete with high ceilings, a marble gas fireplace, hardwood floors and a beautiful oversized window with built in seating. Additional east-facing windows - a rare feature among Park Slope brownstones - ensure abundant natural light throughout the home. Past the living room is an expansive eat-in chef's kitchen featuring multiple sinks with Grohe fixtures, La Cornue oven, Fisher Paykel and Miele dishwashers (one in the main kitchen and one in the galley-style scullery), built-in Wolf microwave, built-in Miele Coffee Maker, and a lovely gas fireplace. Light fills the space from South-facing floor-to-ceiling windows at the rear of the house. The kitchen opens onto a spacious glass-floored deck, which flows down to the back garden. The deck features an outdoor kitchen with a built-in Wolf grill.
The primary bedroom suite on the third floor is a sanctuary of luxury with a beautiful curved-glass bay window with built-in seating overlooking historic President Street. A large walk through closet leads to the oversized and well-appointed primary bathroom with soaking tub, Mr. Steam shower, dual sinks and a wall of closets.
The fourth floor has a wonderful layout. Two bedrooms face the garden and share a hall bathroom. The large third bedroom with ensuite bathroom is currently used as the playroom. A full-size vented washer/dryer is also found on this level.
The garden apartment is very inviting with an oversized window and wall of built-ins. The large bedroom leads out to the blissful backyard patio enveloped by lush greenery.
The basement features a beautifully designed wine cellar, and offers additional laundry facilities, great storage and the home's mechanicals. 878 President Street boasts new electric, plumbing, central HVAC system, and Control 4 Smart Home integration, this home offers modern convenience at every turn. Situated in the heart of Park Slope, within the original Park Slope Historic District, this home is moments away from Grand Army Plaza, Prospect Park, the Brooklyn Museum, Brooklyn Botanic Garden, Union Market, and access to the Q/B and 2/3 subway lines.
Last Agent to Sell the Property
Corcoran Group License #10401256884 Listed on: 03/12/2024
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $15,720
Year Built
- Built in 1905
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 100.00x20.00
Interior Spaces
- 3-Story Property
- Fireplace in Kitchen
- Basement
Bedrooms and Bathrooms
- 5 Bedrooms
Additional Features
- Deck
- Central Air
Community Details
- 2 Units
- Park Slope Subdivision
Listing and Financial Details
- Legal Lot and Block 0037 / 01067
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2024
Closed on
Jun 6, 2024
Sold by
Keefer Shelby
Bought by
Phillips Cristine Irvin and Phillips Willis Jackson
Seller's Agent
Jackie Torren
Corcoran Group
List Price
$6,500,000
Sold Price
$6,500,000
Views
33
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,850
Avg. Annual Appreciation
1.28%
Original Mortgage
$2,750,000
Outstanding Balance
$2,723,229
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,870,621
Purchase Details
Listed on
Sep 11, 2017
Closed on
Feb 20, 2018
Sold by
Swasbrook Daniel James and Swasbrook Tania Lebrija
Bought by
Keefer Shelby
Seller's Agent
Jacky Teplitzky
Douglas Elliman Real Estate
List Price
$5,625,000
Sold Price
$5,480,000
Premium/Discount to List
-$145,000
-2.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.75%
Original Mortgage
$870,225
Interest Rate
4.04%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 31, 2011
Sold by
Richter Eva and Richter Maurice
Bought by
Swasbrook Daniel James and Swasbrook Tania Lebrija
Purchase Details
Closed on
May 9, 1997
Sold by
Richter Maurice
Bought by
Richter Maurice and Richter Eva
Similar Homes in Brooklyn, NY
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $6,500,000 | -- | |
| Deed | $6,500,000 | -- | |
| Deed | $5,480,000 | -- | |
| Deed | $5,480,000 | -- | |
| Deed | $5,480,000 | -- | |
| Deed | $5,480,000 | -- | |
| Deed | $3,139,000 | -- | |
| Deed | $3,139,000 | -- | |
| Deed | $3,139,000 | -- | |
| Deed | $3,139,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,750,000 | Purchase Money Mortgage | |
| Closed | $750,000 | Unknown | |
| Previous Owner | $870,225 | Purchase Money Mortgage | |
| Previous Owner | $2,000,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2024 06/06/24 | Sold | $6,500,000 | 0.0% | $1,516 / Sq Ft |
| 04/09/2024 04/09/24 | Pending | -- | -- | -- |
| 03/12/2024 03/12/24 | For Sale | $6,500,000 | +18.6% | $1,516 / Sq Ft |
| 02/21/2018 02/21/18 | Sold | $5,480,000 | -2.6% | -- |
| 01/22/2018 01/22/18 | Pending | -- | -- | -- |
| 09/12/2017 09/12/17 | For Sale | $5,625,000 | -- | -- |
Source: Real Estate Board of New York (REBNY)
Tax History Compared to Growth
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 | $15,717 | $333,120 | $52,440 | $280,680 |
| 2024 | $15,717 | $292,980 | $52,440 | $240,540 |
| 2023 | $15,717 | $258,960 | $52,440 | $206,520 |
| 2022 | $14,849 | $283,740 | $52,440 | $231,300 |
| 2021 | $15,345 | $225,120 | $52,440 | $172,680 |
| 2020 | $7,197 | $273,000 | $52,440 | $220,560 |
| 2019 | $13,641 | $301,920 | $52,440 | $249,480 |
| 2018 | $13,293 | $65,210 | $12,912 | $52,298 |
| 2017 | $12,636 | $61,986 | $12,346 | $49,640 |
| 2016 | $12,147 | $60,762 | $13,565 | $47,197 |
| 2015 | $6,833 | $57,328 | $15,488 | $41,840 |
| 2014 | $6,833 | $54,342 | $13,944 | $40,398 |
Source: Public Records
Agents Affiliated with this Home
-
Jackie Torren
Seller's Agent in 2024
Jackie Torren
Corcoran Group
(917) 287-4249
61 in this area
123 Total Sales
-
Michael Tannen
Seller Co-Listing Agent in 2024
Michael Tannen
Corcoran Group
(718) 724-3935
13 in this area
47 Total Sales
-
Jacky Teplitzky
Seller's Agent in 2018
Jacky Teplitzky
Douglas Elliman Real Estate
(917) 697-5457
96 Total Sales
-
Scott Klein
Seller Co-Listing Agent in 2018
Scott Klein
Compass
(347) 423-9483
12 in this area
58 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS10966809
APN: 01067-0037
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