Exceptional Development & Investment Opportunity in Prime Gowanus/Park Slope! A rare chance to acquire two adjacent properties in one of Brooklyn's most sought-after and rapidly growing neighborhoods. 524 President Street offers an approximately 30' x 20' lot, while 528 President Street sits on an approximately 30' x 150' lot and includes an approximately 5,063 sq. ft. building. Zoned M1-4/R6B, this unique offering presents outstanding potential for development, long-term investment, owner occupancy, or a mixed-use project (subject to applicable approvals). Surrounded by exciting new developments and ongoing neighborhood revitalization, the property is ideally located near shopping, dining, public transportation, major highways, and provides convenient access to Manhattan. Situated within a Qualified Opportunity Zone (buyers should consult their tax advisor), this is an exceptional opportunity for developers, investors, and end users seeking significant upside in a premier Brooklyn location. Don't miss the opportunity to secure a prime asset in one of Brooklyn's fastest-evolving neighborhoods. (Buyers are advised to consult their own architect or engineer regarding any proposed additions, alterations, or redevelopment of the property.)
| MLS # | 1036115 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | Active |
| Year | 1931 |
| Days On Site | 92 |
| Listing Provided By | RE/MAX ELITE | Eric Chan |
| SQ Feet | 5,063 |
|---|---|
| Basement | Y |
| Cooling | None |
|---|---|
| Heating | Natural Gas |
| Construction Materials | Block, Brick |
|---|
| Utilities | See Remarks |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 26637 |
| Tax Lot | 0012 |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11215 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 11215) | |
Price: $5,999,990 low | high Med: $876,000 sqft: 5,063 low | high Med: 730 $ / sqft: $1,185 low | high Med: $1,200 On site: 92 low | high Med: 98 | |
| State | NY |
|---|---|
| County | Kings (Brooklyn) |
| City | Brooklyn |
| Zip Code | 11215 |
| School District | Contact Agent |
| Elementary School | Contact Agent |
| High School | Contact Agent |
| Listing VS Median (in 11215) | |
Price: $5,999,990 low | high Med: $876,000 sqft: 5,063 low | high Med: 730 $ / sqft: $1,185 low | high Med: $1,200 On site: 92 low | high Med: 98 | |