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124 President StreetBrooklyn, NY 11231

For Sale

$3,100,000

Smart Buyer Rebate $38,750

Welcome to 124-126 President Street, a delightfully pre-war Four Family brick townhouse with PRIVATE GARAGE and BACKYARD! Nestled in the vibrant Columbia Street Waterfront, between Cobble Hill & Red Hook, owned by the same owners for 55 years, and teeming with character and charm, this corner property is situated on a tree lined block and is a 20 ft wide dwelling and 100 ft in depth. Additionally, the home has a detached 3 car garage. Currently configured with four, floor-through apartments (three 1,5 bed and one 1 large bed converted to a 2 bed), the home could easily be converted to a two-family or single-family residence or leave the configuration "as is" for great income. Home has 3 rental units and one vacant unit. Whether the new owner decides to use this as a current set up with high income producing rental units the possibilities are endless. 3 of the 4 rental units are newly renovated, 1 newly renovated is vacant and others are occupied with responsible tenants in place, paying free market rent until end of 2025 and early 2026. All are lease holders. The home has an extra-large backyard which the renters have shared use. The basement has a washer and dryer with wash tub for tenant use. This raw space can be enhanced for multiple use such as personal gym, home movie theatre or gaming room The Garage has additional rental income for 3 cars. This townhouse boasts classic pre-war elegance, beautifully combined with modern conveniences such as the option for in-unit laundry. Conventional architectural details harmonize with contemporary living, creating a warm ambiance throughout the home. You'll find this gem ideally situated close to the lively streets of Carroll Gardens, with its renowned restaurants, charming boutiques, and bustling art galleries. Enjoy leisurely strolls to nearby Brooklyn Bridge Park or Red Hook, where you can embrace the stunning waterfront views and community events. With convenient access to public transportation, including the F, G, and R subway lines along with Bus 61, navigating the city becomes a breeze. The Carroll PS 58 is the assigned award-winning school. Don't miss your chance to treasure this extraordinary property and make it your own! We'd be thrilled to welcome you to your new home and help you envision the endless possibilities this delightful Townhouse holds for you.  

Listed by Patrick Ben Hayoun

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License #10401222522

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Douglas Elliman Real Estate

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(917) 214-6888

Last updated September 04, 2025

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Source: REBNY #RLS20023676

Listing Facts

  • TypeMulti-family
  • NeighborhoodCarroll Gardens
  • Bedrooms5
  • Bathrooms4
  • Days on Prevu117
  • Taxes$15,600/year

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

06/25/2025
Price Decreased
$3,100,000
05/14/2025
Listed by Douglas Elliman Real Estate
$3,500,000

Estimated Closing Costs

Total
$117,690
Attorney Fees
$4,000
NYC Mansion Tax
$46,500
Title Insurance
$13,950
Bank Attorney
$1,500
Mortgage Recording Tax
$47,740
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $3,100,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 124 President Street

Association

Amenities

  • Pets Allowed: Building Yes, No

Compensation

Commissions

  • Buyer Agency Compensation: 2.5Percent

Exterior

Construction

  • Number Of Units Total: 4
  • Property Condition: Good Condition
  • Stories Total: 3
  • Structure Type: Townhouse
  • Year Built: 1900
  • Entry Level: 1

Measurements

  • Building Area Total: 840
  • Building Area Units: SquareFeet
  • Lot Size Area: 2,000
  • Lot Size Dimensions: 100
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Tax Annual Amount: $15,600.00

Interior

Features

  • Appliances: Washer Dryer Allowed
  • Interior Features: Smoke Free

Measurements

  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 5
  • Rooms Total: 14

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Columbia St Waterfr
  • Tax Block: 00348
  • Tax Lot: 0024

Parking

Parking

  • Garage Spaces: 3
  • Garage: Yes
  • Parking Features: Assigned, Garage

Utilities

Equipment

  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Laundry Features: In Unit

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.