Overview

$310,000

20% Min Down

1001 President St #H1

1001 President Street, Brooklyn, NY 11225

For sale in Crown Heights

Studio | 1 BA | 4.84% Cap Rate

Listed Dec 9th, 2020
Here is your chance to own an HDFC regulated one bedroom co-op in a lovely pre-war building. This unit is located in a prime location on the corner of President Street and Franklin Ave! This gem is located just one block from Prospect Park, Botanical Gardens and the Brooklyn Museum. This is a commuter's dream just one block from the 2,3,4 and 5 trains. Close to shopping, restaurants, and Medgar Evers. Ready for your designer touch. Income requirements are as follows: $57,600.00 + 6% of the sales price.

Inquire about this Property

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Features & Amenities

Unit Amenities

  • HDFC

Building Amenities

  • Refrigerator
  • Elevator
  • HDFC
  • Window Unit(s) A/C

Building Policies

Learn more about 1001 President Street, Brooklyn, NY 11225

Listed By

Ania Fedisz

Elliman

(718) 486-4460
Jordan Pryce Levitt

Elliman

(718) 486-4443

History

Date Event Price
Mar 6, 2021 Price Drop $310,000
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Jan 22, 2021 Price Drop $349,995
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Dec 9, 2020 Listed $369,000
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Property Analysis

Price Estimate

$313,100

HopScore Market Price

$310,000

Current Asking Price

+$3,100

Difference from Asking

Cap Rate Analysis

Operating Profit

$15,000
/

Purchase Price

$310,000
=

Cap Rate

4.84%
**

* Actual income may vary between $1,440 and $2,160 depending on unit-specific characteristics.

** 100% occupancy is assumed. Leverage (mortgage) is not considered.

Comparables

Units for sale near 1001 President St

Unit Br Ba ft² Closed Price
Common Charges

Units for rent near 1001 President St

Unit Br Ba ft² Closed Price
Common Charges

Building Info

Want to find out who owns 60 East 8th Street? Get detailed property transactions here.

Neighborhood

Stats & Trends

-

Median Asking

-

Above Asking

-

Sale Price/ft²

-

Days on Market

Transportation

2

3

4

5

S

at Botanic Gardens Under 500 ft | 3 min walk

2

3

at Eastern Parkway-Brooklyn Museum 0.28 mi | 6 min walk

S

at Park Place 0.34 mi | 8 min walk

3

at Nostrand Av 0.48 mi | 12 min walk

2

5

at President St 0.50 mi | 12 min walk

Schools

School Type Grades Distance
PS 241 EMMA L JOHNSTON Elementary PK to 5 0.12 mi
EBBETS FIELD MIDDLE SCHOOL Middle School 6 to 8 0.27 mi
SCHOOL FOR HUMAN RIGHTS (THE) High School 8 to 12 1.06 mi
IS 392 Middle School 6 to 8 2.11 mi
BROOKLYN COLLEGE ACADEMY High School 9 to 12 1.54 mi
ASPIRATIONS DIPLOMA PLUS HIGH SCHOOL High School 9 to 12 0.18 mi
NEW EXPLORATIONS INTO SCIENCETECH AND MATH HIGH SCHOOL Other KG to 12 3.64 mi
PS 156 WAVERLY Elementary PK to 5 2.11 mi
PS 150 CHRISTOPHER Elementary PK to 5 2.81 mi
PS 41 FRANCIS WHITE Elementary KG to 8 2.74 mi
PS/IS 155 NICHOLAS HERKIMER Elementary PK to 8 2.67 mi
PS 165 IDA POSNER Elementary PK to 5 2.61 mi
PS/IS 137 RACHAEL JEAN MITCHELL Elementary PK to 8 2.36 mi
BROOKLYN BROWNSTONE SCHOOL Elementary PK to 5 1.49 mi
MOTT HALL IV Middle School 6 to 8 2.32 mi
TEACHERS PREPARATORY HIGH SCHOOL High School 8 to 12 2.45 mi
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

Mortgage Payment Calculator

$2,082

Per Month

Recent Transactions at 1001 President St

Transaction history for 1001 President Street

Unit Br Ba ft² Listed Listing Agent Asking
Common Charges
Closed Closing Buyer(s)
Unit F4 - - - - - - Jun 27, 2018 $325,000 Sofia L Thanhouser
Unit H1 - - - - - - Aug 9, 2017 $299,000 Sinead Mccarty
Unit - - - - - - - May 10, 1989 - 1001 Progressive Hsng Dv
Unit - - - - - - - Jul 28, 1983 - New York City
Unit - - - - - - - Apr 17, 1981 - Borted Realty Corp
Unit - - - - - - - Aug 23, 1977 - Blittner Anne
Blittner Irene
Blittner Sheldon
Ehrenhaus Fay
Ehrenhaus Jack
Marx Walter
Unit - - - - - - - May 10, 1977 - Ehren Blit Rlty Corp

Apartments for Sale at 1001 President Street

UnitBrBaft²ListedListing AgentAskingPrice/ft² Common Charges Floorplans

Apartments for Rent at 1001 President Street

UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

Nearby Buildings

Learn more about 1001 President St #H1

Building at 1001 President Street, Brooklyn, NY 11225

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