Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $640,000

· Closed March 25, 2016

494 President Street #2
Closed For Sale Condo

$640,000

$914 per sq ft

494 President Street #2

Park Slope, Brooklyn

MLS® #RLS10475688

RLS at REBNY

Listing by The Corcoran Group

1

Bedroom

1

Bath

700

Sq. Ft.

1900

Year Built

Quick Summary

Bedrooms 1
Bathrooms 1
Living Area 700 sq ft
Year Built 1900
Ownership Condo
HOA/Common Charges $198/mo
Property Taxes $672/yr
Neighborhood Park Slope
Floor 3

Property Highlights

  • Exposure: North,South facing
  • Outdoor Space: Balcony
  • Climate Control: Wall Units

Property Details

Type Condo
Ownership Condominium
Total Rooms 3
Baths 1 Full
Floor 3
Exposure North,South
Cooling Wall Units
Pets Yes
Cross Street Nevins Street/ 3rd Avenue
Year Built 1900
Living Area 700 sq ft
Parcel # 00447-1102

Listing History

Event Date Price Change
Listed Nov 6, 2015 $649,000 -
Currently Apr 30, 2026 $640,000 -1.4%

Description

Welcome to the perfect oasis ! Smack in the middle of an up and coming area known as Gowanus filled with great eats and trendy beer gardens, Gowanus is now home to Wholefoods, Beer Garden on the canal and lots of other great things rising ! Carroll Gardens to your west and plenty to do on Smith and Court Streets makes this the perfect place to rest your hat ! The unit features a huge bedroom that can easily be converted to 2, wood burning fireplace and private balcony makes for comfortable living. Loaded with light and character why look anywhere else ! Call today for your private viewing as this unit will be shown via appointment only !

Features & Amenities

Exterior Features

Balcony Balcony

Building Information

Financial Details

Common Charges $198/mo
RE Taxes $672/yr ($56/mo)
Original Price $649,000
Sale Price $640,000
Previous Price $649,000

Park Slope is a well-known Brooklyn neighborhood, recognized for its tree-lined streets and preserved brownstones. Bordering the western edge of Prospect Park, the neighborhood offers convenient access to green space. The real estate market features a mix of historic townhouses, cooperatives, and modern condominiums, within walking distance of the park.

Park Slope Live Market Data

View Neighborhood

Active Listings

111

Median Asking Price

$1.71M

Median $/Sqft

$1,376

Avg Days on Market

N/A

New This Week

10

Price Reduced

17%

Sold (30 Days)

24

Median Sale Price

$1.64M

Live data from RLS at REBNY • Updated 4/30/26, 6:01 PM EST

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Location

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494 President Street #2, Park Slope, Kings County • Near Nevins Street/ 3rd Avenue

Building Information

Official NYC property records for this building

1
Floors
3
Residential Units
M1-4/R6B
Zoning District
Condominiums

Tax & Assessment

Assessed Value: $164,760
Land Value: $5,820
Exemptions: $6,960

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,900 SF
Building Area: 2,236 SF
Built FAR: 1.18
Allowed FAR: 2

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $198 per month. Confirm the exact amount with the listing broker before making an offer.

The current listed annual property tax is $672, or roughly $56 per month. Verify the current assessment with your attorney before closing.

This property has 1 bedroom and 1 full bathroom.

The listed interior living area is 700 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1900, making it approximately 126 years old.

This listing is a condominium. Buyers receive a deed to their individual unit and own their space outright, subject to condo association rules.

Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.

At the current list price of $640,000 for 700 sq ft, the asking price per square foot is approximately $914. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or mcoste@kwnyc.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS10475688
First Listed: 11/6/2015
Price Changed: 3/31/2016
Closed: 3/25/2016
Contract Date: 11/6/2015

Listing Courtesy of The Corcoran Group - Immacolata Giocoli

Listing Contact: (212) 355-3550

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 4/30/2026 at 10:01 PM UTC

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