$3,200,000
Updated 10 years ago
Off Market

632 President Street

Park Slope, Brooklyn | 4th Ave & 5th Ave

3,060 Square FeetIncome Property

$3,200,000
floors / apts4 / 4
Lot Size17'x81'
Built Size17'x45'
ZoneR6B
Building TypeTownhouse
RE Taxes$5,744
Price Per SF
$1,046

Listing Features

  • Gas Heat

Building Amenities

  • Voice Intercom

Property Description for 632 President Street

Offered now on the market its your time to become the new owner of this building along with 2 others in prime park slope. Building #1: 314 19th street ( $2,600,000) .This building is a legal Four family used as a four plus a GARAGE space. Building lot is 30.83*100.17 ft, Zoned R6B. The building dimensions are 22 ft* 88 ft. The building mechanical and structure are in great conditions, so are the apartments. The Current monthly rents are as follow, $2450, $2550, $2250, and $2500, garage is currently getting $200. All apartments in all three buildings are free market.Building #2: 420 7th Avenue( mixed use commercial+ residential $4,000,000). This prime Park Slope building is also a four family building used as a four with an additional Commercial store on busy 7th Avenue. The building lot is 20 ft *79 ft, with the building dimensions 20 ft *50 ft. Its district code zoning is C2-4/R6A. The building mechanical, structure and condition of the apartments are in great condition, a lot of update has been made. Most of the rental units come with an in unit washer/dryer. The current monthly rent rolls are as follow: The apartments are equally getting $2900, with more room to increase the rent. The store below gets $7500/month, paying a 3.5% increase each year&Tax above 2015 base, store tenant also pays 75%of the water bill.Building #3: 632 President street($3,200,000),This Prime North Slope building is a legal four family building, used as four. The building lot is 17 ft* 81.58 ft. Its district zoning is R6B. This building has been completely upgraded with all beautifully renovated apartments, 2+ bedrooms in each apartment, the first apartment comes with a private backyard. The current monthly rent rolls are as follows:The first apartment with a private yard is getting $2950, apartment #2 $2600, apartment #3 $2850, apartment #4 $2800.Only One apartment/ building can be shown, with access to common areas of course. Email me for set up information. The Bundle price for all 3 buildings is $9,800,000. Private appointments only.

Listing History for 632 President Street

Now
04/05/2016
POM by Wassim Fakhereddine
Corcoran
02/01/2016
$3,200,000
Initial Price by Wassim Fakhereddine
Corcoran

Building Details for 632 President Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Floors/Apts4/4
Learn More About the Building

Transit and Citi Bike

Subway

Union St
0.11 miles
4 Av-9 St
0.49 miles
Bergen St
0.49 miles

Citi Bike

Carroll St & 5 Ave
0.06 miles
President St & 4 Ave
0.08 miles

Contact Agent

Contact Agent

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: 22819TH