Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
507 President Street #4L
Interested in this property?
Active For Sale Co-op

$680,000

507 President Street #4L

Gowanus, Brooklyn

MLS® #RLS20095787

RLS at REBNY

Listing by Compass

Open House Scheduled

Sunday, June 7 • 1:00 PM – 2:00 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

2

Bedrooms

1

Bath

N/A

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 2
Bathrooms 1
Year Built 1900
Ownership Co-op
Maintenance $475/mo
Neighborhood Gowanus
Floor 4 of 4

Property Highlights

  • Style: WalkUp architecture
  • Climate Control: Other
  • Character: Pre-war building (1900)

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 4
Baths 1 Full
Floor 4 of 4
Heating Natural Gas
Cooling Other
Pets Yes, CatsOk, DogsOk
Year Built 1900
Architectural Style WalkUp
Flooring Laminate
Furnished Unfurnished
Parcel # 00440-0043-00507-000-000004L
Block/Lot 00440/0043

Listing History

Event Date Price Change
Listed Jun 4, 2026 $680,000 -
Currently Jun 5, 2026 $680,000 -

Description

Welcome to Unit 4L at the 507-509 President St HDFC — a sun-filled top floor home blending prewar charm with thoughtful modern updates. Recently renovated, this inviting apartment features original tin ceilings, a spacious primary bedroom, and a smaller second bedroom perfect for a kid's room or home office with a walk-in closet. The renovated kitchen offers a peninsula with seating, dishwasher, and stacked washer/dryer, making the space as functional as it is welcoming. The building features a common backyard and common roof access in addition to common storage in the basement. Surrounded by some of the best restaurants, bars, coffee shops, shopping, super markets and activities, this Gowanus apartment is ready for its new owners to experience it all! Transportation is close by with the R train at Union just one block away and only one stop from Atlantic Barclays, where you can access B/D/N/Q/R/2/3/4/5 trains. Income restrictions for this building are done using a formula: 1-2ppl: $288,360 3+ppl: $336,420 The basics: 3 flights up Pets allowed case by case with written board approval Gifting allowed for working primary residents

Features & Amenities

Interior Features

Breakfast Bar Recessed Lighting Building Washer Dryer Install Allowed In Unit Flooring: Laminate

Exterior Features

Building Garden Building Roof Deck

Appliances

Dishwasher Freezer Gas Cooktop Refrigerator Stainless Steel Appliances

Building Information

Building Data View Compliance & Permits
Total Units 8
Stories 4
Style WalkUp

Financial Details

Maintenance $475/mo

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

12

Median Asking Price

$1.62M

Median $/Sqft

$1,040

Avg Days on Market

N/A

New This Week

1

Price Reduced

50%

Sold (30 Days)

2

Median Sale Price

$911K

Live data from RLS at REBNY • Updated 6/4/26, 10:31 PM EST

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Location

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507 President Street #4L, Gowanus, Kings County

Building Information

Official NYC property records for this building

1900
Year Built
126 years old
4
Floors
8
Residential Units
M1-4/R6B
Zoning District
Walk-Up Apartments

Tax & Assessment

Assessed Value: $1,357,200
Land Value: $236,250
Exemptions: $1,244,456

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 7,000 SF
Building Area: 6,480 SF
Built FAR: 0.93
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $475 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 1 full bathroom.

According to MLS records, the building was constructed in 1900, making it approximately 126 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pets are permitted at this property: Pets Allowed case by case. Contact the listing broker for weight limits or breed restrictions.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20095787
First Listed: 6/4/2026
On Market: 6/4/2026
Price Changed: 6/4/2026
Contract Date: 4/21/2026

Listing Courtesy of Compass - Lindsay Hymson

Listing Contact: (347) 352-0989

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.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

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 6/5/2026 at 2:31 AM UTC

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