878 President St Brooklyn, NY 11215
Park Slope Neighborhood
5
Beds
6
Baths
--
Sq Ft
1,742
Sq Ft Lot
About This Home
As of June 2024Stop the presses. You must see this rare and stunning semi-attached 20'x53' Park Slope brownstone just one block from Prospect Park. Built in 1889 by famed Brownstone Brooklyn architect Albert E. White and fully renovated from top to bottom with thoughtfulness and care; this house presents a once-in-a-lifetime opportunity for a very lucky, and discerning buyer. Lot-line windows on the east side of the house provide extra light all throughout the house, which is exceedingly rare among Park Slope and Brooklyn brownstones. It doesn't stop there. Even rarer still: an available deeded parking space (not included in the sales price) and there are Landmarks Commission-approved plans for an amazing roof deck.
Up the front steps and through a grand entrance is the open living room which provides a natural flow through the parlor floor. A wonderful gas fireplace serves as the focus of the living room. There is also a lovely powder room. New hardwood floors have been installed throughout.
Past the living room is an expansive eat-in kitchen area, with room for a full-size dining table. It features multiple sinks with Grohe fixtures, La Cornue oven, a Miele dishwasher (and a second Fischer-Paykel dishwasher in the adjoining scullery), built-in Wolf microwave, built-in Miele Coffee Maker, and a lovely gas fireplace. Light fills the room from South-facing floor-to-ceiling windows at the rear of the house, and 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 third floor has the master bedroom suite with an oversized master bathroom, a walk-in closet, and a walk-through closet. No expense has been spared in this grand renovation: the master bathroom includes a spacious Boffi soaking tub with a Dornbracht single lever with shower-head all bathed in natural light, a lounging area, a walk-through Mr. Steam shower, dual sinks, and a Mr. Steam towel warmer. The master bedroom is also very spacious, with room for an office or seating area as well, enhanced by a beautiful curved-glass bay window overlooking historic President Street.
The fourth floor, currently the top floor includes an enlarged skylight, washer-dryer, three bedrooms (one currently set up as an adorable playroom for lucky little ones) and two more full bathrooms. As on the floor below, the front bedroom is bathed in light and overlooks the quiet, tree-lined street.
Back down on the garden level is a second indoor kitchen, 1.5 bathrooms, and flexible-use rooms at the front and rear of the house. This floor is perfect for additional home living and entertaining, a home office, and/or for guests or tenants in a legal garden apartment.
Further down there is a superbly finished basement featuring a den and beautifully designed large wine cellar, as well as additional storage space and laundry facilities.The house is heated and cooled by a central HVAC system with Mitsubishi thermostats and a Control 4 Smart Home system. All electrical and plumbing in the house was updated during the recent full renovation.
Located in the heart of Park Slope, perennially named one of the best neighborhoods in America, within the original Park Slope Historic District. Conveniently located just a block from Prospect Park and Grand Army Plaza, and close to the Brooklyn Museum, Brooklyn Botanic Garden, the Central Branch of the Brooklyn Public Library, and the 2/3/B/Q trains. Tons of shopping and restaurants (e.g. al di la, Talde, Fonda, Olmstead, Hugo & Sons, Blueprint, Blue Ribbon Brooklyn, the Park Slope Food Co-op, the original Union Market, and the Grand Army Plaza Greenmarket) await nearby on Seventh Avenue, Fifth Avenue, Flatbush Ave, and Vanderbilt Ave. Barclays Center and the Brooklyn Academy of Music are just minutes away.
Last Agent to Sell the Property
Douglas Elliman Real Estate License #30TE0832177 Listed on: 09/11/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,717
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Bathrooms
Additional Features
- 4-Story Property
- Garden
Community Details
- Parkslop Subdivision
Listing and Financial Details
- Tax Block 1067
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 the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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
62 in this area
124 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: RLS10466209
APN: 01067-0037
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