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Map
231 PRESIDENT Street #2
About This Property
Enter into expansive light-filled interiors, presenting open living and dining areas for entertaining, and a floor-to-ceiling decorative brick fireplace. The large open kitchen lined with walls of cabinetry and shelving is a chef's dream, with extensive butcher-block countertops and high-end appliances including a dishwasher and under counter washer/dryer combo unit.
Off the hall is a black and white subway-tiled bathroom and 2 garden-facing bedrooms. The generous primary bedroom easily accommodates a king-size bed and features ample shelving, a dressing area and tiled en-suite bath with a pedestal sink. A glass door leads out the private deck where you can enjoy a morning coffee or evening cocktail.
Making life here even more appealing is basement storage, additional laundry, low monthly maintenance, and a great location in desirable Carroll Gardens. Pets are also allowed. Minutes away is Carroll Park - a quaint neighborhood oasis offering a playground, sports courts & summertime spray fountain; Cobble Hill Cinemas multiplex movie theatre; the F/G trains at Carroll Street; plus lots of shops, restaurants and food markets along Court and Smith Streets. Take a stroll to East One Coffee Roasters for a latte, and to Atlantic Avenue featuring Trader Joe's and a host of other hot-spots.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Mar 22, 2025 | In contract | - | |
| In contract | |||
| Feb 25, 2025 | Listed by Corcoran Group | $1,595,000 | |
| Listed by Corcoran Group | |||
| Jan 31, 2018 | Sold | ||
| Sold | |||
| Sep 6, 2017 | Listed by Brooklyn Bridge Realty Ltd. | $1,299,000 | |
| Listed by Brooklyn Bridge Realty Ltd. | |||
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CONTRACT signed - The finest on President Street! Step inside this approximately 1,100 sq ft Historic Parlor floor Brownstone and be awed by the care of and detail in this generous two bedroom / two full bath home.The living room offers a brick mantle fireplace, approximately 11ft soaring ceilings and is splashed with sunshine all day long. Love coming home to your grand eat-in kitchen with all the counter space you need to whip up a gourmet meal while sipping your favorite beverage on your private exclusive deck. The bedrooms are tucked in the rear of this apartment overlooking the back gardens... so green, serene and extremely quiet. The en-suite master bedroom fits a king size bed - the bath has a pedestal sink and is tastefully tiled that adds character. The second updated full bath has character with whimsical black and white subway tile. There is ample closet space along with storage in the basement, laundry in the building, no underlying mortgage, a very low monthly maintenance of $795, is self managed and pet friendly too.This lovely apartment is conveniently located in the heart of Brownstone Brooklyn with the best restaurants, groceries and boutiques just steps away on Court/Smith Streets and Atlantic Avenue. Enjoy all that nearby Brooklyn Bridge Park has to offer and shop at the weekend Farmers Market on Carroll Street near PS 58.Live 1.5 blocks to the Carroll Street F/G and walking distance to the A-C-4-5-2-3-R trains or hail a cab on the corner of Clinton Street - get to your destination in Manhattan from downtown to Central Park in no time... 231 President Street is a must-see Brownstone co-op!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/25/2025
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,595,000
2 Bed
2 Bath
1100 ft²
|
$1,675,000
+5.02%
05/30/2025
|
Charles Pigott
Corcoran Group
| |
|
04/28/2019
|
3 Bed
|
2 Bath
|
-
|
$1,350,000
3 Bed
2 Bath
|
$1,425,000
+5.56%
07/09/2019
|
Rowan Elias Meadowsweet
The Corcoran Group
| |
|
09/06/2017
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,299,000
2 Bed
2 Bath
1100 ft²
|
$1,314,000
+1.15%
01/31/2018
|
Angela Ruggiero
Brooklyn Bridge Realty Ltd.
| |
|
03/04/2013
|
2 Bed
|
-
|
-
|
$1,070,000
2 Bed
-
|
$1,070,000
07/16/2013
|
Cynthia Lane Fazio
Brown Harris Stevens Residential Sales LLC
| |
|
04/12/2007
|
3 Bed
|
2 Bath
|
1150 ft²
|
$845,000
3 Bed
2 Bath
1150 ft²
|
$845,000
07/27/2007
|
Michael Coleman
The Corcoran Group
|
Building Info
- 4 Units
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017