502 PRESIDENT Street, Brooklyn, NY 11215
502 PRESIDENT Street, Brooklyn, NY 11215
502 PRESIDENT Street, Brooklyn, NY 11215
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Listing Courtesy of Corcoran Group
$3,690,000
Est. payment /mo
5 Beds
4 Baths
3,800 SqFt
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Key Details

Property Type Multi Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,800 sqft

Price per Sqft $971

Subdivision Gowanus

MLS Listing ID RLS20081776

Bedrooms 5

Full Baths 5

Half Baths 2

HOA Y/N No

Year Built 1910

Annual Tax Amount $13,752

Property Sub-Type Multi Family

Property Description

Presenting 502 President Street, a fully gut-renovated two-family townhouse on a coveted 25' x 100' lot in the heart of Gowanus. Rare in both scale and configuration, this turnkey residence delivers an owner's triplex of exceptional finish paired with a fully independent income-producing rental, offering the discerning buyer a live-in luxury lifestyle that pays for itself. Whether held as a primary home with rental offset or positioned as a premium investment, the income potential here is immediate and substantial. The top-floor unit comes fully equipped and ready to command a top-market lease from day one.

Thoughtfully designed and move-in ready, the home offers a seamless blend of scale, comfort, and long-term versatility. Wide-plank white oak floors run throughout, complemented by custom millwork including a built-in bookcase and dedicated workspace. An Ortal fireplace anchors the main living area, creating a warm and inviting focal point.

The kitchen is equally suited to everyday living and entertaining, featuring a JennAir appliance suite, wine storage, and a beverage refrigerator. Integrated Sonos audio and multi-zone HVAC provide modern convenience throughout. Just beyond, an oversized deck leads to a landscaped garden finished with bluestone pavers and all-season turf, offering an easy indoor-outdoor lifestyle.

Upstairs, the primary suite is quietly luxurious, with a Victoria + Albert soaking tub and Rohl fixtures creating a spa-like bath. The lower level offers full ceiling height and flexible space for recreation, work, or guests, along with a dedicated laundry room and direct access to the garden.

The top-floor rental, with its own private entrance, is fully equipped with Fisher & Paykel and KitchenAid appliances and in-unit laundry, providing strong rental income or flexibility for extended living arrangements.

Ideally situated near Park Slope, Boerum Hill, Carroll Gardens, and Cobble Hill, 502 President Street offers a rare opportunity to own a turnkey townhouse with exceptional outdoor space and enduring investment value. The ongoing Gowanus revitalization plan, one of the most significant rezoning efforts in Brooklyn in decades, positions the neighborhood for continued growth in both property values and rental demand, making this a lucrative and sustainable long-term investment.

Location

State NY

County Kings

Rooms

Basement Other

Interior

Interior Features Smoke Free, Walk-In Closet(s)

Cooling Central Air

Fireplaces Number 1

Fireplaces Type Other

Fireplace Yes

Laundry Building Other

Exterior

Exterior Feature Private Outdoor Space Over 60 Sqft

Pool Building None

View Y/N No

View Other

Porch Deck, Patio

Private Pool Yes

Building

Dwelling Type Townhouse

Story 3

New Construction No

Others

Pets Allowed Pets Allowed

Tax ID 00447-0024

Ownership None

Monthly Total Fees $1, 146

Special Listing Condition Standard

Pets Allowed Building Yes, No


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Randy Reis

Randy Reis

+1(917) 435-4870

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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