Make Millions in Crown Heights. Excited to announce an exceptional Development opportunity in Prime Crown Heights. Just steps to Franklin Avenue. This 25 x 131 Lot is primed for a condominium or rental development. Property reports have FAR as 9825 (please verify). Demolition has already taken place and the site is ready for building.
World Famous Turkish architect has designed an exceptional 9 unit project for the lot as seen in the rendering and potential plans. Plans for the development have already been completed but not submitted to allow for modifications by the new owners. With condos selling in the area between $1100- $1200 / sq ft. This development is a home run.
Sold for $2,500,000
$2,500,000
995 President St, Brooklyn, NY 11225
13beds
2,430sqft
MultiFamily
Built in 1920
-- sqft lot
$2,803,500 Zestimate®
$1,029/sqft
$3,902 Estimated rent
Home value
$2,803,500
$2.38M - $3.28M
$3,902/mo
Zestimate® history
Owner options
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$3,902/mo
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$3,902/mo
Rent Zestimate®
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$15,962/mo
Est. payment
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$15,962/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 17
- Full bathrooms: 17
Interior area
- Total interior livable area: 2,430 sqft
Property
Lot
- Size: 3,275 Square Feet
Details
- Parcel number: 011870063
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1920
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $1,029/sqft
- Tax assessed value: $544,000
- Annual tax amount: $5,300
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Sold | $2,500,000+11.1%$1,029/sqft |
Source: Public Record Report a problem | ||
| 11/21/2021 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 8/17/2021 | Price change | $2,250,000-10%$926/sqft |
Source: StreetEasy Report a problem | ||
| 2/17/2021 | Listed for sale | $2,500,000-4.6%$1,029/sqft |
Source: Compass Report a problem | ||
| 7/5/2016 | Sold | $2,620,000+227.5%$1,078/sqft |
Source: Public Record Report a problem | ||
| 9/30/2013 | Sold | $800,000$329/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,300 -0.5% | $32,640 -3.2% |
| 2024 | $5,325 | $33,720 +3.1% |
| 2023 | -- | $32,700 +21.7% |
| 2022 | -- | $26,880 +20.8% |
| 2021 | -- | $22,260 -41.1% |
| 2020 | $5,694 +6% | $37,800 -5% |
| 2019 | $5,372 +7.3% | $39,780 +66.1% |
| 2018 | $5,009 +8.7% | $23,943 +5.9% |
| 2017 | $4,607 +10.4% | $22,602 +5.9% |
| 2016 | $4,175 | $21,349 |
| 2015 | $4,175 +62.3% | $21,349 +0.9% |
| 2014 | $2,572 | $21,150 +6% |
| 2013 | -- | $19,953 +5.9% |
| 2012 | -- | $18,835 +5.9% |
| 2011 | -- | $17,791 |
| 2010 | -- | $17,791 +0.9% |
| 2009 | -- | $17,625 +6% |
| 2008 | -- | $16,628 +5.9% |
| 2007 | -- | $15,696 +5.9% |
| 2006 | -- | $14,826 |
| 2005 | -- | $14,826 +0.9% |
| 2004 | -- | $14,688 +6% |
| 2003 | -- | $13,857 +5.9% |
| 2002 | -- | $13,080 +5.9% |
| 2001 | -- | $12,355 |
| 2000 | -- | $12,355 |
Find assessor info on the county website
Neighborhood: Crown Heights
Nearby homes
- $1,137,3001 bd1 ba-- sqft993 President St APT 3C, Brooklyn, NY 11225Off Market

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- $--1 bd1 ba-- sqft993 President St #C2, Brooklyn, NY 11225Off Market

- $--1 bd1 ba700 sqft993 President St APT 3, Brooklyn, NY 11225Off Market
- $--1 bd1 ba-- sqft993 President St #1B, Brooklyn, NY 11225Off Market
- $--1 bd1 ba-- sqft993 President St #4B, Brooklyn, NY 11225Off Market
- $1,137,3001 bd1 ba-- sqft993 President St #1L, Brooklyn, NY 11225Off Market
Nearby schools
GreatSchools rating
- 6/10Ps 241 Emma L JohnstonGrades: PK-5Distance: 0.1 mi
- 9/10Ebbetts Field Middle SchoolGrades: 6-8Distance: 0.3 mi
- 2/10Clara Barton High SchoolGrades: 9-12Distance: 0.1 mi
- New York
- Kings County
- New York
- 11225
- Brooklyn
- Crown Heights
- 995 President St