SOLD FOR $475,000
· Sold at asking price · Closed July 5, 2023
$475,000
507 President Street #3-R
MLS® #RLS10863715
Listing by Compass
1
Bedroom
1
Bath
N/A
Sq. Ft.
1900
Year Built
Sale Details
Property Summary
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.
Property Details
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Listing courtesy of Christine Toes Muldoon at Compass. 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. This 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.