507 President Street #3R
MLS® #RLS10976532
Listing by Compass
1
Bedroom
1
Bath
N/A
Sq. Ft.
1900
Year Built
Quick Summary
Property Highlights
- Exposure: North,South facing
- Style: WalkUp architecture
- Climate Control: Other
Property Details
Description
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.
Features & Amenities
Interior Features
Exterior Features
Appliances
Building Information
Financial Details
About Gowanus
View All Gowanus ListingsGowanus 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 NeighborhoodActive 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, 6:15 AM EST
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Location
507 President Street #3R, Gowanus, Kings County
Floor Plans
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Market Data
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Listing Courtesy of Compass - Carolina Chia
Listing Contact: (917) 714-1188
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RLS Data display by Keller Williams NYC. Data last updated on 3/23/2026 at 10:15 AM UTC