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.
Sold
$1,625,000
1221 President St, Brooklyn, NY 11225
5beds
--baths
--sqft
Multi Family
Built in 1935
-- sqft lot
$2,330,400 Zestimate®
$--/sqft
$3,824 Estimated rent
Home value
$2,330,400
$1.96M - $2.77M
$3,824/mo
Zestimate® history
Owner options
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$3,824/mo
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$3,824/mo
Rent Zestimate®
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$10,193/mo
Est. payment
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$10,193/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Warner Lewis,
Brown Harris Stevens
Source: StreetEasy,MLS#: S1559963
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Features
- Has fireplace: No
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Other
- Exterior features: Garden
Details
- Parcel number: 012760065
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1935
Community & HOA
Community
- Subdivision: Crown Heights
Location
- Region: Brooklyn
Financial & listing details
- Tax assessed value: $1,782,000
- Annual tax amount: $7,620
- Date on market: 9/10/2021
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2024 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 11/7/2023 | Pending sale | $1,100,000-32.3% |
Source: StreetEasy Report a problem | ||
| 10/23/2023 | Sold | $1,625,000+47.7% |
Source: Public Record Report a problem | ||
| 10/17/2023 | Pending sale | $1,100,000 |
Source: StreetEasy Report a problem | ||
| 10/17/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 3/10/2022 | Pending sale | $1,100,000 |
Source: StreetEasy Report a problem | ||
| 9/10/2021 | Listed for sale | $1,100,000 |
Source: StreetEasy Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 homes
- $1,958,400-- bd-- ba2.2k sqft1219 President St, Brooklyn, NY 11225Off Market
- $2,254,400-- bd-- ba2.5k sqft1223 President St, Brooklyn, NY 11225Off Market
- $1,902,100-- bd-- ba2.2k sqft1217 President St, Brooklyn, NY 11225Off Market
- $1,980,2002 bd1 ba2.2k sqft1215 President St, Brooklyn, NY 11225Off Market
- $1,952,300-- bd-- ba2.2k sqft1213 President St, Brooklyn, NY 11225Off Market
- $973,3003 bd1 ba900 sqft1213 President St #2, Brooklyn, NY 11225Off Market
- $935,1004 bd3 ba1.8k sqft1229 President St #1A, Brooklyn, NY 11225Off Market
- $1,032,400-- bd-- ba1.8k sqft1229 President St #1B, Brooklyn, NY 11225Off Market
Nearby schools
GreatSchools rating
- 6/10Ps 161 The CrownGrades: PK-5Distance: 0.2 mi
- 10/10The School Of Integrated LearningGrades: 6-8Distance: 0.7 mi
- 6/10Medgar Evers College Preparatory SchoolGrades: 6-12Distance: 0.1 mi
- New York
- Kings County
- New York
- 11225
- Brooklyn
- Crown Heights
- 1221 President St
