Milton Coste

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(917) 416-7433

SOLD FOR $475,000

· Closed July 5, 2023

507 President Street #3-R
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Closed For Sale Co-op

$475,000

507 President Street #3-R

Gowanus, Brooklyn

MLS® #RLS10863715

RLS at REBNY

Listing by Compass

1

Bedroom

1

Bath

N/A

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Year Built 1900
Ownership Co-op
Maintenance $475/mo
Neighborhood Gowanus
Floor 3 of 4

Property Highlights

  • Exposure: North facing
  • Style: Prewar architecture
  • Climate Control: Window Units

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 3 of 4
Exposure North
Cooling Window Units
Pets Yes
Cross Street Nevins Street/3rd Avenue
Year Built 1900
Architectural Style Prewar
Block/Lot 440/43

Description

Convertible 2 bedroom co-op in trendy Gowanus for the price of a small one bedroom! Although this apartment is in need of a complete overhaul, the apartment one flight down just sold for over $600,000! With windows on three sides of the apartment, you get great light and have nice Brooklyn streetscape views. The building also permits washer dryers to be added in-unit. 507 President Street is an 8 unit self-managed co-op with a very high HDFC income restriction. Each apartment has a large storage space in the basement and there is also a common garden with seating and a dining table. Despite the low maintenance of $475/month, the co-op just painted the hallways with no assessment. Gowanus has a thriving art scene, great music venues, and eclectic, locally sourced restaurants. 507 President is a stone's throw from the newest hip activities such as Kick Axe, Brooklyn Boulders, and Royal Palms. One block from the R train at Union and one stop from Atlantic Barclays where you can access the B/D/N/Q/R/2/3/4/5 trains.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed

Appliances

Dryer Washer

Building Information

Stories 4
Style Prewar

Financial Details

Maintenance $475/mo
Sale Price $475,000

Gowanus features a striking mix of 19th-century brick warehouses, Greek Revival rowhouses, and new glass-and-steel condominiums rising along the canal waterfront. The F, G, R, D, and N/W trains are accessible at nearby Smith-Ninth Streets and Fourth Avenue-Ninth Street stations, with Atlantic Terminal a short walk north. Washington Park and the Old Stone House landmark anchor the neighborhood's green space, while a major rezoning is bringing thousands of new residential units and waterfront parkland to the area.

Gowanus Live Market Data

View Neighborhood

Active Listings

7

Median Asking Price

$1.68M

Median $/Sqft

$1,130

Avg Days on Market

N/A

New This Week

0

Price Reduced

29%

Sold (30 Days)

3

Median Sale Price

$1.65M

Live data from RLS at REBNY • Updated 3/23/26, 9:30 AM EST

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Location

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507 President Street #3-R, Gowanus, Kings County • Near Nevins Street/3rd Avenue

MLS® ID: RLS10863715
First Listed: 4/17/2019
Closed: 7/5/2023
Contract Date: 4/17/2019

Listing Courtesy of Compass - Christine Toes Muldoon

Listing Contact: (917) 608-6973

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

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Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 1:30 PM UTC

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