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Sold for $1,625,000
  • $1,625,000

    1221 President St, Brooklyn, NY 11225

    5beds
    0baths
    2,218sqft
    MultiFamily
    Built in 1935
    -- sqft lot
    $2,178,200 Zestimate®
    $733/sqft
    $4,052 Estimated rent

    Home value

    $2,178,200

    $1.85M - $2.57M

    $4,052/mo

    Zestimate® history
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    What's special

    Detached garage accessibleProspect parkAt president streetProspect lefferts gardensThe rearBrooklyn botanic garden
    Contract out at $1,625,000. No longer showing. Highest and Best Wednesday 9/15 3pm. No contingencies will be accepted. Email agents for best and final forms. 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.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 2,218 sqft

    Property

    Lot
    • Size: 2,555 sqft
    Details
    • Parcel number: 012760065

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1935

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    6/4/2024Listing removed--
    Source: StreetEasy Report a problem
    11/7/2023Pending sale$1,100,000-32.3%$496/sqft
    Source: StreetEasy Report a problem
    10/23/2023Sold$1,625,000+47.7%$733/sqft
    Source: Public Record Report a problem
    10/17/2023Pending sale$1,100,000$496/sqft
    Source: StreetEasy Report a problem
    10/17/2023Listing removed--
    Source: StreetEasy Report a problem
    3/10/2022Pending sale$1,100,000$496/sqft
    Source: StreetEasy Report a problem
    9/10/2021Listed for sale$1,100,000$496/sqft
    Source: StreetEasy Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,290 +4.7%$106,920 -15%
    2024$7,916 $125,820 +13.4%
    2023-- $110,940 +22.2%
    2022-- $90,780 +29.5%
    2021-- $70,080 -12.8%
    2020$7,369 +17.1%$80,340 -9.6%
    2019$6,293 -6%$88,860 +177.7%
    2018$6,694 +8.8%$31,999 +6%
    2017$6,154 +164.1%$30,190
    2016$2,331 $30,190 +4.1%
    2015$2,331 +82.3%$29,012 +6%
    2014$1,279 $27,370 +2.6%
    2013-- $26,666 +6%
    2012-- $25,159
    2011-- $25,159 +4.1%
    2010-- $24,177 +6%
    2009-- $22,809 +2.6%
    2008-- $22,222 +6%
    2007-- $20,966
    2006-- $20,966 +4.1%
    2005-- $20,148 +6%
    2004-- $19,008 +2.6%
    2003-- $18,519 +6%
    2002-- $17,472
    2001-- $17,472 +4.1%
    2000-- $16,790

    Find assessor info on the county website

    Neighborhood: Crown Heights

    Nearby schools

    GreatSchools rating