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1042 President St
Brooklyn, NY 11225 Crown Heights

$28,750,000 USD

Apartments For Sale  •  29,573 SF

Property Details

  • Property Type Apartments
  • Total Building Size 29,573 SF
  • Lot Size 0.18 AC
  • Building Class B
  • Year Built 2023
  • Zoning R6
100 Transit Score
85 Walk Score

Highlights

Newly constructed 8-story multifamily with a total of 55 apartments and 22 parking spaces
New 35-year Affordable NY Tax Abatement 70% Free-Market / 30% Affordable
Building amenities include: Elevator, Bike Room, Gym, Laundry in Building, Package Room, Parking Available, and Virtual Doorman
Assumable loan: $22M at 6.5% I/O 5 years
Within walking distance to the President Street Station (2 5 trains)
Serious inquires ONLY: Offers with unrealistic terms will be ignored.

Public Transportation

Commuter RailDriveWalkDistance
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 5 min 20 min 1.0 mi
6 min - 1.8 mi
Transit/SubwayDriveWalkDistance
Franklin Avenue (2,3,4,5 Line) (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 2 min 4 min 0.2 mi
Botanic Garden (Franklin Avenue Shuttle - New York MTA Subway (The Subway)) 2 min 5 min 0.3 mi
President Street (2 - New York MTA Subway (The Subway), 5 - New York MTA Subway (The Subway)) 3 min 7 min 0.4 mi
Nostrand Avenue (3,4 Line) (3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway)) 3 min 9 min 0.5 mi
Eastern Parkway-Brooklyn Museum (2 - New York MTA Subway (The Subway), 3 - New York MTA Subway (The Subway), 4 - New York MTA Subway (The Subway)) 2 min 11 min 0.6 mi
AirportDriveWalkDistance
LaGuardia 22 min - 10.7 mi
John F Kennedy International 25 min - 12.3 mi
Newark Liberty International 32 min - 16.8 mi
Lev Mavashev 212-658-0979 Alpha Realty
Lev Mavashev 212-658-0979 Alpha Realty