507 President Street, #3R

Coop For Sale  • 
Gowanus
Web ID # 1268991 RLS

$ 699,000

1 Beds • 1 Baths  
Maintenance: $475

Building & Unit Features

  • Garden
  • Hardwood
  • Elegantly renovated, with incredibly low monthlies, this beautiful floor-through has Northern and Southern exposures designed to maximize the day-long natural light.

    Every inch of the apartment has been thoughtfully upgraded. Sophisticated recessed lighting added throughout, along with new oak floors finished with tung oil. Currently, the apartment is configured as one inviting, open space but simply adding a wall can easily transform it back to a true 1-bedroom, if desired.

    The open chefs kitchen features a Bertazzoni stove and hood, 2 under-the-counter Summit fridges and freezers, and a Miele washer. The long quartz countertop provides an elegant look with maximum durability, and ensures theres plenty of work space, along with abundant cabinets for storage.

    In addition to the plentiful storage space within, including custom storage added during the renovation, the residence comes with private storage in the basement.

    507-509 President Street is an eight-unit, self-managed co-op building. Owners share a fantastic back garden complete with a dining table and grill, perfect for outdoor gatherings. In addition to a generous storage area in the basement, theres a common bike storage and an exercise area. The co-ops HDFC regulatory agreement has expired, but the board has maintained high income caps on purchases to ensure valuable DAMP tax benefits and keep the common charges low. The co-op allows co-purchasing, parents buying for children, and pied-a-terres. Pets are welcome with board approval.

    *This co-op has a flip tax paid by the seller of 5% if sold after less than 3 years of ownership, 2% if sold after 3-5 years of ownership, and no flip tax after more than 5 years of ownership.
    Stories: 4
    Total Rooms: 3
    Pet Policy: Pets OK

    Courtesy Of Compass

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    Estimated Monthly Costs


    $3,535
    Est. Mortgage
    $475
    Maintenance
    $4,010
    Monthly Total*
    * The estimated monthly costs provided by this caculator are for illustrative purposes only, with no guarantee regarding accuracy.
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    Nearby Subways

    • R 4th Ave & Union St (~0.16 mile)
    • F G Smith St & President St (~0.46 mile)


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