$2,375,000 $2,395,000
Updated a day ago

510 President Street

Gowanus, Brooklyn | Nevins Street & 3rd Ave

14 Rooms7 Beds4 Baths2,909 Square FeetMulti-Family

$2,375,000 $2,395,000
floors / apts4 / 3
Lot Size20'x100'
Built Size20'x40'
ZoneM1-2
Building TypeLow-Rise
RE Taxes$5,938
Price Per SF
$816

Listing Features

  • Original Details
  • Radiator

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom

Property Description for 510 President Street

LARGE 4 STORY, SOLID BRICK 3 FAMILY(WITH 4 FAMILY POTENTIAL) RENOVATED HOME IN A SUPER-DESIRABLE GOWANUS/PARK SLOPE LOCATION; ULTRA-CONVENIENT TO ALL EXCITING & ESSENTIAL AMENITIES, IN OF ONE OF BROOKLYN'S MOST SOUGHT-AFTER NEIGHBORHOODS... DON'T MISS OUT ON THIS OUTSTANDING OPPORTUNITY TO GET IN ON THE GROUND FLOOR OF THE GOWANUS REZONING BUILDING BOOM!! THIS EXTRA-SPECIAL PRIZED PIECE OF REAL ESATE HAS BEEN KEPT IN IT'S ORGINAL OWNER'S FAMILY FOR OVER A 130 YEARS... A PERFECT PROPERTY FOR END-USERS TO LIVE & COLLECT EXCEPTIONAL RENTAL INCOME OR USE AS A LUXURIOUS SINGLE FAMILY; ALSO IS IDEAL FOR INESTORS- AS A(3-4 FAMILY) ULTRA-HIGH INCOME FREE-MARKET INVESTMENT VEHICLE... BUILDING WILL BE COMPLETELY VACANT, AND IS CURRENTLY CONFIGURED AS A 3 BEDROOM-2 BATHROOM REVERSE OWNER'S DUPLEX ON THE TWO LOWER LEVELS, 2 BEDROOM RENTAL UNIT ON THE 3rd LEVEL, 2 BEDROOMS RENTAL UNIT ON THE 4th LEVEL, AND ONE FLIGHT UP TO AN EASILY ACCESSIBLE ROOFTOP(POTENTIAL FOR A ROOFTOP DECK WITH MILLION DOLLAR MANHATTAN VIEWS)... ALSO FEATURES A PALATIAL & PRIVATE BACKYARD, SOME ORIGINAL DETAILS(TIN CEILINGS & WOOD-WORK), AND NEWER KITCHENS & BATHROOMS... TRULY A MUST SEE TO APPRECIATE PROPERTY WITH TREMENDOUS POSSIBILITIES... PRICED AGGRESSIVELY, ATTRACTIVELY & COMPETITIVELY FOR TODAY'S MARKET- YOU WON'T WANT TO MISS THIS GOWANUS/PARK SLOPE GEM...

Listing History for 510 President Street

Now
06/01/2023
$2,375,000 [-$20,000] [0.8%]
Price Drop by Billy Apter
RE/MAX Real Estate Professionals
05/16/2023
$2,395,000 [-$55,000] [2.2%]
Price Drop by Billy Apter
RE/MAX Real Estate Professionals

Building Details for 510 President Street

OwnershipMulti-Family
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

Union St
0.18 miles
4 Av-9 St
0.48 miles
Carroll St
0.49 miles

Citi Bike

3 Ave & Carroll St
0.04 miles
Degraw St & 3 Ave
0.17 miles

Contact Agents

Contact Agents

Billy Apter
RE/MAX Real Estate Professionals
Vito Angelo
RE/MAX Real Estate Professionals
View this property on the company's website

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: 90618TH