$3,995,000
Updated 9 years ago
Sold

864 President Street

Park Slope, Brooklyn | 7th Ave & 8th Ave

3,956 Square FeetIncome Property

$3,995,000
floors / apts5 / 7
Lot Size20'x100'
Built Size20'x50'
ZoneR7B
Building TypeTownhouse
RE Taxes$21,263
Price Per SF
$1,010

This property was sold for $3,180,000 on 10/06/21.

Listing Features

  • Architectural Dtls
  • Original Details

Outdoor space and views

  • Backyard
  • Garden
  • Patio

Building Amenities

  • Voice Intercom
  • Garden
  • Laundry Room
  • Outdoor Parking
  • Second Entry

Property Description for 864 President Street

7 Family, Prime Center Slope location. Steps to train, park and 7th Avenue. 5 Story Victorian Brownstone, built 20 x 50 on a 100 foot lot. 5,000 square feet. 5 free market apartments and 2 stabilized. Total of 7 Bedrooms and 2 Studios. Many well-maintained Victorian details still remain.Sun filled apartments on a perfect block. The free market apartments can easily increase by a minimum of 15%.

Yearly rent roll: $160,956 Expenses:RE taxes: $24,678 Oil/heat/electric: $15,033 Ideal for future condo conversion, possible duplex for Owner, or keep as a 7 family investment

APT 1A - Studio 1 BTH - $1,550

APT 1B - 1BR, 1BTH - $2,375

APT 2 - 2BRS 1BTH - $2,540

APT 3 - 1BR, 1BTH - $2,262

APT 4A - 1BR 1BTH - $2,050

APT 4B - R/S-Studio 1BTH - $1,375

APT 5 - R/S- 2BR 1BTH - $2,000
Ideal for future condo conversion, possible duplex for Owner, or keep as a 7 family investment.

Building Details for 864 President Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts5/7
Learn More About the Building

Transit and Citi Bike

Subway

Grand Army Plaza
0.23 miles
7 Av
0.3 miles

Citi Bike

Garfield Pl & 8 Ave
0.13 miles
Berkeley Pl & 7 Ave
0.15 miles

Contact Agent

Contact Agent

Peggy Aguayo
Brown Harris Stevens

Park Slope | Brooklyn

Quick Profile

Boasting beautiful tree-lined streets, brownstones and a range of activities for all age groups, Park Slope is consistently ranked as one of New York’s most desirable neighborhoods. Filled with lush parks and greenery, the neighborhood is also known for its rare combination of excellent public schools, award-winning restaurants, nightlife, small independently owned businesses and community gardens.

Situated at the western slope of Prospect Park, the neighborhood is divided into different sections: North Slope, Center Slope and South Slope. Depending on who you ask, of course, the definitions of where these borders end and begin may vary (is the divide between North and Center deemed Union Street, Garfield Place, 1st Street or 3rd Street? The one between Center and South 6th Street, 9th Street, 11th Street or 15th Street?). 

Regardless of what part of the Slope you find yourself on, there’s no shortage of architectural beauty. From row houses to brownstones to mansions, the idyllic setting of the neighborhood is further enhanced by its Romanesque and Renaissance Revival styles. Case in point of this is also two of the area’s most well-known churches, Park Slope United Methodist Church and Saint Augustine Roman Catholic Church. 

Revered for its family-friendly appeal, Park Slope is often regarded as one of the best places to raise a family in New York City. That said, it doesn’t mean that parents don’t know how to have a good time... a slew of bars constantly opening in the neighborhood ranging from the high-end cocktail saloon to the dive (well, by Park Slope standards, anyway). 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 42137TH