Updated 4 years ago
Off Market
616 President Street
Park Slope, Brooklyn | 4th Ave & 5th Ave
12 Rooms8 Beds4 Baths3,281 Square FeetMulti-Family
$3,199,999 $3,299,000
floors / apts4 / 4
Lot Size17'6"x100'
Built Size17'6"x45'
ZoneR6B
Building TypeTownhouse
RE Taxes$9,036
Price Per SF
$975
Listing Features
- New Windows
- Baseboard Heat
- Central AC
Building Amenities
- Garden
- Outdoor Parking
Property Description for 616 President Street
Yes, this Investment Opportunity IS still Available!
Now available in one of the most coveted neighborhoods in Brooklyn, 616 President St is a 4-unit non-elevator building on the market for anyone looking to hold on to a steady income-producing property for years to come!
The building is part of a row of red-brick homes located on a tree-lined block between 4th and 5th avenues which offer stable tax increases year over year due in part to its tax class – 2a! With an investment like this, you’ll never have to worry about securing new tenants because of the location and the fact that it’s only 4 units means each is free market and up to your discretion when it comes to rental pricing!
This building comes fully occupied with 4 tenants; perfect for the investor choosing to finance this purchase. Rent roll information and estimated expense sheet can be provided upon request. Virtual tours and floor plans are available for layouts of each unit. Additionally, please ask about our other offering at 636 President St!
This is a turn-key opportunity for someone looking to park their money and max out their return on their investment without doing any major work! Each unit in the building has been updated to provide the feeling of luxury condo living in Park Slope. In each kitchen are new stainless steel appliances along with white quartz countertops which extend thoughtfully to provide additional eat-in space. The primary bedrooms of the upper floors take advantage of as much as the 17’ 6" wide building as possible. Meanwhile, the 1st floor has access to the garden with the use of a shed for additional storage! Not to mention renovated bathrooms, classy chandeliers throughout, and all topped off with ductless a/c systems zoned for each room on every floor!
The building is located 1 block over from the Union St R-Train which offers a 15-minute commute into downtown Manhattan or 1 stop away you can switch at Atlantic Terminal to transfer to the B,D,2,3,4,5,N,Q, and W Trains as well as the LIRR! Up the block is the renowned 5th avenue of Brooklyn, which lines the entirety of Park Slope gracing the neighborhood with tons of different cafes, restaurants, shopping, and much more! The Associated Supermarket is located on the same block within 2 minutes from the building and of course, you have Prospect Park which is within 15 minutes (4 long- blocks) away where throughout the year there are farmers’ markets, spectacular events, and a stunning amount of green space for all to enjoy!
Reach out to get more information and schedule your appointment today!
Now available in one of the most coveted neighborhoods in Brooklyn, 616 President St is a 4-unit non-elevator building on the market for anyone looking to hold on to a steady income-producing property for years to come!
The building is part of a row of red-brick homes located on a tree-lined block between 4th and 5th avenues which offer stable tax increases year over year due in part to its tax class – 2a! With an investment like this, you’ll never have to worry about securing new tenants because of the location and the fact that it’s only 4 units means each is free market and up to your discretion when it comes to rental pricing!
This building comes fully occupied with 4 tenants; perfect for the investor choosing to finance this purchase. Rent roll information and estimated expense sheet can be provided upon request. Virtual tours and floor plans are available for layouts of each unit. Additionally, please ask about our other offering at 636 President St!
This is a turn-key opportunity for someone looking to park their money and max out their return on their investment without doing any major work! Each unit in the building has been updated to provide the feeling of luxury condo living in Park Slope. In each kitchen are new stainless steel appliances along with white quartz countertops which extend thoughtfully to provide additional eat-in space. The primary bedrooms of the upper floors take advantage of as much as the 17’ 6" wide building as possible. Meanwhile, the 1st floor has access to the garden with the use of a shed for additional storage! Not to mention renovated bathrooms, classy chandeliers throughout, and all topped off with ductless a/c systems zoned for each room on every floor!
The building is located 1 block over from the Union St R-Train which offers a 15-minute commute into downtown Manhattan or 1 stop away you can switch at Atlantic Terminal to transfer to the B,D,2,3,4,5,N,Q, and W Trains as well as the LIRR! Up the block is the renowned 5th avenue of Brooklyn, which lines the entirety of Park Slope gracing the neighborhood with tons of different cafes, restaurants, shopping, and much more! The Associated Supermarket is located on the same block within 2 minutes from the building and of course, you have Prospect Park which is within 15 minutes (4 long- blocks) away where throughout the year there are farmers’ markets, spectacular events, and a stunning amount of green space for all to enjoy!
Reach out to get more information and schedule your appointment today!
Building Details for 616 President Street
OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts4/4
Transit and Citi Bike
Subway
Union St
0.09 miles
4 Av-9 St
0.48 miles
Citi Bike
President St & 4 Ave
0.06 miles
Carroll St & 5 Ave
0.08 miles
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: 72319TH
Find home. Discover happiness.