Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
502 PRESIDENT Street
Interested in this property?
Active For Sale Multi Family

$3,850,000

$1,013 per sq ft

502 PRESIDENT Street

Gowanus, Brooklyn

MLS® #RLS20081776

RLS at REBNY

Listing by Corcoran Group

Open Houses Scheduled

Sunday, May 3 • 1:00 PM – 2:30 PM

Sunday, May 3 • 1:00 PM – 2:30 PM

REBNY 2025: signed Buyer Representation Agreement required before any showing.

5

Bedrooms

3.5

Baths

3,800

Sq. Ft.

1910

Year Built

Quick Summary

Bedrooms 5
Bathrooms 4 full, 2 half
Living Area 3,800 sq ft
Lot Size 2,500 sq ft
Year Built 1910
Ownership None
Property Taxes $13,752/yr
Neighborhood Gowanus
Floor 1 of 3

Property Highlights

  • Views: Other
  • Outdoor Space: Deck, Patio
  • Fireplace: 1 fireplace

Property Details

Type Multi Family
Ownership None
Total Rooms 14
Baths 3 Full, 2 Half
Floor 1 of 3
View Other
Cooling Central Air
Pets Yes
Year Built 1910
Living Area 3,800 sq ft
Structure Type Townhouse
Basement Other
Lot Size 2,500 sq ft
Parcel # 00447-0024
Block/Lot 00447/0024

Listing History

Event Date Price Change
Listed Apr 6, 2026 $3,850,000 -
Currently Apr 28, 2026 $3,850,000 -

Description

Presenting 502 President Street, a fully gut-renovated two-family townhouse on a rare 25' x 100' lot in the heart of Gowanus. Thoughtfully designed and move-in ready, the home offers a seamless blend of scale, comfort, and income-producing potential.

Configured as an owner's triplex over a private rental, the residence balances clean, modern design with practical living. 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 entrance, is fully equipped with Fisher & Paykel and KitchenAid appliances and in-unit laundry, providing strong income potential or flexibility for extended living.

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 long-term versatility.

Features & Amenities

Interior Features

Smoke Free Walk In Closets Building Other Fireplace (1)

Exterior Features

Private Outdoor Space Over60 Sqft Deck Patio

Building Amenities

Green Building

Building Information

Building Data View Compliance & Permits
Total Units 2
Stories 3
Structure Townhouse

Financial Details

RE Taxes $13,752/yr ($1,146/mo)

Gowanus features a striking mix of 19th-century brick warehouses, Greek Revival rowhouses, and new glass-and-steel condominiums rising along the canal waterfront. The F, G, R, D, and N/W trains are accessible at nearby Smith-Ninth Streets and Fourth Avenue-Ninth Street stations, with Atlantic Terminal a short walk north. Washington Park and the Old Stone House landmark anchor the neighborhood's green space, while a major rezoning is bringing thousands of new residential units and waterfront parkland to the area.

Gowanus Live Market Data

View Neighborhood

Active Listings

12

Median Asking Price

$1.67M

Median $/Sqft

$1,076

Avg Days on Market

N/A

New This Week

4

Price Reduced

8%

Sold (30 Days)

1

Median Sale Price

$1.32M

Live data from RLS at REBNY • Updated 4/28/26, 7:33 PM EST

Similar Listings in Gowanus

View All

Location

Loading map...

502 PRESIDENT Street, Gowanus, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1910
Year Built
116 years old
3
Floors
2
Residential Units
M1-4/R6B
Zoning District
Two Family Dwellings

Tax & Assessment

Assessed Value: $232,020
Land Value: $31,200
Exemptions: $0

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

Lot Area: 2,500 SF
Building Area: 2,625 SF
Built FAR: 1.05
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 annual property tax is $13,752, or roughly $1,146 per month. Verify the current assessment with your attorney before closing.

This property has 5 bedrooms and 3 full bathrooms and 2 half bathrooms.

The listed interior living area is 3,800 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1910, making it approximately 116 years old.

This listing is None

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

At the current list price of $3,850,000 for 3,800 sq ft, the asking price per square foot is approximately $1,013. 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: RLS20081776
First Listed: 4/6/2026
On Market: 4/6/2026
Price Changed: 4/6/2026
Contract Date: 4/6/2026

Listing Courtesy of Corcoran Group - Marvin Chu

Listing Contact: (718) 685-9430

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 4/28/2026 at 11:33 PM UTC

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Your info is secure and never shared.

Call Text Email