$1,050,000
Updated 4 years ago
Sold

494 President Street, 3

Gowanus, Brooklyn | Nevins Street & 3rd Ave

5 Rooms2 Beds1 Bath700 Square FeetCondo

$1,050,000
Common Charges$215
RE Taxes$80
Price Per SF
$1,500

This property was sold for $1,050,000 on 12/20/22.

Listing Features

  • Beamed Ceilings
  • BuiltIns
  • Exposed Brick
  • High Ceilings
  • Penthouse/Top Flr
  • Washer / Dryer
  • Oversized Windows
  • Skylights
  • Dishwasher
  • Microwave
  • Open Kitchen
  • S Steel Appliances
  • Wine Cooler
  • Stall Shower

Outdoor space and views

  • Juliet Balcony
  • Private Roof
  • Partial City
  • East Exposure
  • North Exposure
  • South Exposure
  • West Exposure

Building Amenities

  • Voice Intercom
  • Roof Deck

Policies

  • Pets Allowed
  • Pieds A Terre Ok

Property Description for 494 President Street, 3

Perched on the top floor of a self-managed 3 unit condo building is the penthouse of 494 President Street.

A truly turn key 2 bedroom apartment is delivered with all the bells and whistles. The kitchen is laden with top end appliances: Bosch, Vulkcan, Viking, Blomberg. A washer/dryer is included in unit. The apartment is well appointed with bamboo flooring throughout as well as high ceilings. A marble decked bathroom includes a skylight. An HVAC split system delivers localized heat and a/c per room. A Juliet balcony extends from the living room looking to a canyon of neighboring backyards and gardens. Is there more? How about a wine cooler and wood burning fireplace? In a condo? Yes.

But the piece de resistance? From within the apartment up the stairs you'll find a private roof deck with a sprawling space set up for dining and entertaining. Included in the sale you'll find a full furniture set up as well including a bar, bbq, umbrella, bar and lawn chairs. The view showcases sunrise and sunset panoramic views of the Brooklyn and Manhattan skylines.

Gowanus is conveniently located between old world Park Slope and Carroll Gardens. Its a hotbed of change and development with a burgeoning array of shops, galleries, bars, restaurants and gyms. Right around the corner you'll find Michelin star Claro, local fave Littlefield and a host of other landmarks. Travel and commute to Manhattan is easy with the R and F/G a short distance away.

And what of finances? 494 President boats an extraordinarily low monthly costs with maintenance and tax -combined- under $300 dollars! Do your research; try to find another property this size in this location with this price with this low a monthly expense. You won't. Book a time, on appointment to see this gem of a home. In the "million-ish" price point there is nothing in the Fall Brooklyn real estate market that compares. This one is special.

Building Details for 494 President Street

OwnershipCondo
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Financing Allowed90%
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

Union St
0.21 miles
Carroll St
0.46 miles
4 Av-9 St
0.49 miles

Citi Bike

3 Ave & Carroll St
0.06 miles
Degraw St & 3 Ave
0.18 miles

Contact Agent

Contact Agent

Peter Becker
Douglas Elliman

Gowanus | Brooklyn

Quick Profile

Gowanus is a colorful neighborhood with an industrial aesthetic, tree-lined streets, historic structures, as well as luxury condos and rental buildings. It has a great art scene, fantastic eateries and bars and a 1.8-mile canal that snakes through most of the neighborhood. The variety of elements make it a desirable place to live.  

The neighborhood is on the crest of a major change due to a recently passed rezoning plan that will allow more residential construction. Especially around the Gowanus Canal where construction was once prohibited. The plan will bring new jobs, affordable housing, and create a neighborhood with walkable green spaces and amenities. It’s safe to say that change is coming to Gowanus.  

Gowanus is bounded by Hoyt Street to the west, 4th Avenue to the east, Warren Street, Baltic Street and Wycoff Street to the north, and Gowanus Expressway to the south.

The neighborhood is named after Gouwane, a chief in the Canarsie Indian tribe. His name, according to the history books, translates to “the sleeper.” Other historic accounts say that the Gowanus name comes from the Dutch word gouwee, which translates to the word bay. Based on early New York History surrounding Dutch settlers and native tribes, both accounts seem plausible. 

Gowanus began development as far back as the 1630s when the Dutch arrived. They began building farms and soon realized the marshy lands they settled were not the best for growing crops and farming. They began damming up certain areas of the land with hopes of creating better soil and powering their windmills. This was the beginning of the formation of the Gowanus canal.

The natural estuary was once brimming with oysters and fish. But in the 1800s, the canal was turned into an industrial and transportation waterway. In the mid 1900’s, industrial factories like manufactured gas plants, paper mills, and other businesses opened along the canal and casually polluted the water. It’s cleanup efforts have come a long way but there is still much work to be done. 

The newly approved Gowanus rezoning plan has caused lots of buzz this year. Mayor Bill DeBlasio's plan will rezone 82 blocks which will pave the way for an estimated 8,500 new apartments, 3,000 of which would be offered to low and moderate-income New Yorkers. The plan includes major improvements to the local infrastructure. Although the rezoning plan might not create a housing boom today or tomorrow, proponents say the rezoning sets the stage for major growth in Gowanus in the decades to come.

The F, G, D, N, R, and W subway lines service the Gowanus 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: 1516444