$1,100,000
Updated 5 years ago
Off Market

1221 President Street

Crown Heights, Brooklyn | Nostrand Ave & New York Ave

15 Rooms5 Beds3 Baths2,218 Square FeetMulti-Family

$1,100,000
floors / apts2 / 2
Lot Size20'x127'
Built Size20'x62'
ZoneR6
Building TypeTownhouse
RE Taxes$7,624
Price Per SF
$496

Property Description for 1221 President Street

Please note Wed Open House is canceled. Multiple offers in.

Highest and Best Wednesday 9/15 3pm. No contingencies will be accepted. Email agents for best and final forms.

1221 President is a 2 family, 2 story building on a 20 by 127.75 foot lot with a detached garage accessible from the rear. Currently built to 20x62ft for a current FAR of 0.87 the allowable FAR is 2.43. Being sold as is, no representations as the property was gifted to a non-profit organization. This is an incredible opportunity for a gut renovation and custom build.

The townhouse's location is optimal with Prospect Park and the Brooklyn Botanic Garden only a few blocks away. Residents enjoy all of the sights and attractions of both nearby Crown Heights Historical District and Prospect Lefferts Gardens. Transportation is easily accessible via the 2 and 5 at President Street and the 2, 3, and 4 at Nostrand Avenue.

Listing History for 1221 President Street

Now
02/13/2022
Expired by Warner Lewis
Brown Harris Stevens Residential Sales LLC
2022

Building Details for 1221 President Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1935
Floors/Apts2/2
Learn More About the Building

Transit and Citi Bike

Subway

President St-Medgar Evers College
0.07 miles
Nostrand Av
0.12 miles
Sterling St
0.39 miles
Kingston Av
0.39 miles
Franklin Av-Medgar Evers College
0.48 miles

Citi Bike

President St & Nostrand Ave
0.05 miles
Eastern Pkwy & Nostrand Ave
0.11 miles

Contact Agents

Contact Agents

Warner Lewis
Brown Harris Stevens
Ari Harkov
Brown Harris Stevens
Kerrie Lynch
Brown Harris Stevens

Crown Heights | Brooklyn

Quick Profile

Originally known as Crown Hill by the Lenape Indians that lived there, Crown Heights has evolved into a diverse neighborhood, occupied primarily by Hasidic Jews and one of the largest Caribbean populations to be found anywhere outside of the West Indies. 

Head over to Nostrand Avenue, one of the main West Indian commercial areas in the neighborhood, which is lined with stores that have been in those exact same places for generations, providing their goods and services to area residents. Kingston Avenue has similar commercial activities that support the Jewish community, and Franklin Avenue shows the most signs of change and gentrification, with an ever-expanding mix of yoga studios, coffee shops, and organic grocery stores that serve the influx of young professionals. No matter which of these areas you visit, you will find an interesting mix of businesses that you wouldn’t normally picture as existing side-by-side. It is all part of the cultural diversity of Crown Heights.

The neighborhood is bisected, from east to west, by Eastern Parkway, which is a beautiful, 3-mile-long boulevard lined with mature trees. This leafy oasis was designed by Frederick Law Olmsted, famed designer of Central Park, the Biltmore Estate in North Carolina, and the U. S. Capitol in Washington, D. C.

You will find a mix of low-rise apartment buildings, large middle-class elevator buildings, brownstones, and some luxury buildings. Century-old architecture stands next to modern residential developments in a visually interesting mix of styles, much as the diversity of the residents exists. People who would not normally meet and mix are forging new pathways to cultural understanding by working, living, and playing together in the same neighborhood.

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: 82147TH