Don't miss your chance with this incredible opportunity: buy a convertible 2-bedroom co-op in the trendy Gowanus for the price of a small one-bedroom! (the apartment one flight down sold for over $600,000!). You will also be able to update your home exactly to your taste and precise specifications, as this this apartment is in need of a complete overhaul.  The building permits washer dryers to be added in-unit! Enjoy great light and nice Brooklyn streetscape views - with windows on three sides of the apartment. 507 President Street is an 8-unit self-managed co-op with a very high HDFC income restriction. Each apartment has a large storage space in the basement and there is also a common garden with seating and a dining table. Despite the low maintenance of $475/month, the co-op just painted the hallways and is currently redoing the outdoor common space with no assessment. Gowanus has a thriving art scene, great music venues, and eclectic, locally sourced restaurants. 507 President is a stone's throw from the newest hip activities such as Kick Axe, Brooklyn Boulders, and Royal Palms. Transportation is convenient, since the building is one block from the R train at Union and one stop from Atlantic Barclays where you can access the B/D/N/Q/R/2/3/4/5 trains. PLEASE NOTE: The second set of photos is the renovated version of the mirror of this apartment one flight down! Alternate floorplan also included.