Crown Heights
1221 President Street
$1,100,000
1221 President is a 2 family, 2 story building on a 20 by 127.75 foot lot with a detached garage accessible from the rear. Currently built to 20x62ft for a current FAR of 0.87 the allowable FAR is 2.43. Being sold as is, no representations as the property was gifted to a non-profit organization. This is an incredible opportunity for a gut renovation and custom build.
The townhouse’s location is optimal with Prospect Park and the Brooklyn Botanic Garden only a few blocks away. Residents enjoy all of the sights and attractions of both nearby Crown Heights Historical District and Prospect Lefferts Gardens. Transportation is easily accessible via the 2 and 5 at President Street and the 2, 3, and 4 at Nostrand Avenue.
Read MoreArea and Lot
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STATUS
SOLD
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TYPE
MULTI FAMILY
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NEIGHBORHOOD
Crown Heights
Interior
Financial
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SALES PRICE
$1,100,000
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"The Brown Harris Stevens policy, dated April 20, 2022, for prospective purchasers: Prior to showing a purchaser a property: (1) BHS does not require identification from a prospective purchaser, (2) BHS does not require a purchaser to sign an exclusive brokerage agreement and (3) BHS does not require a pre-approval for a mortgage loan in order to show a purchaser properties. However, based upon the requirements of the seller, the building in which the property is located, or others, some or all of the foregoing items may be required."