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.
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.