502 PRESIDENT Street, New York City, NY 11215

• 5 beds |
• 4 baths |
• 3,800 sqft

Property Description

Presenting 502 President Street, a fully gut-renovated two-family townhouse on a coveted 25' x 100' lot in the heart of Gowanus. Rare in both scale and configuration, this turnkey residence delivers an owner's triplex of exceptional finish paired with a fully independent income-producing rental, offering the discerning buyer a live-in luxury lifestyle that pays for itself. Whether held as a primary home with rental offset or positioned as a premium investment, the income potential here is immediate and substantial. The top-floor unit comes fully equipped and ready to command a top-market lease from day one. Thoughtfully designed and move-in ready, the home offers a seamless blend of scale, comfort, and long-term versatility. Wide-plank white oak floors run throughout, complemented by custom millwork including a built-in bookcase and dedicated workspace. An Ortal fireplace anchors the main living area, creating a warm and inviting focal point. The kitchen is equally suited to everyday living and entertaining, featuring a JennAir appliance suite, wine storage, and a beverage refrigerator. Integrated Sonos audio and multi-zone HVAC provide modern convenience throughout. Just beyond, an oversized deck leads to a landscaped garden finished with bluestone pavers and all-season turf, offering an easy indoor-outdoor lifestyle. Upstairs, the primary suite is quietly luxurious, with a Victoria + Albert soaking tub and Rohl fixtures creating a spa-like bath. The lower level offers full ceiling height and flexible space for recreation, work, or guests, along with a dedicated laundry room and direct access to the garden. The top-floor rental, with its own private entrance, is fully equipped with Fisher & Paykel and KitchenAid appliances and in-unit laundry, providing strong rental income or flexibility for extended living arrangements. Ideally situated near Park Slope, Boerum Hill, Carroll Gardens, and Cobble Hill, 502 President Street offers a rare opportunity to own a turnkey townhouse with exceptional outdoor space and enduring investment value. The ongoing Gowanus revitalization plan, one of the most significant rezoning efforts in Brooklyn in decades, positions the neighborhood for continued growth in both property values and rental demand, making this a lucrative and sustainable long-term investment.

Listing Status:

Active

Date Added:

April 6, 2026

Data Last Updated:

August 11, 2026 at 1:18AM

Listing Office:

Corcoran Group : (212) 355-3550

Listing Agent:

Marvin Chu : (718) 685-9430

MLS ID:

RLS20081776

Interior

• General: Smoke FreeWalk-In Closet(s)
• Laundry: Building Other
• Basement: Other
• A/C: Central Air
• Fireplace: OtherFireplaceFireplaces: 1

Exterior

• General: Private Outdoor Space Over 60 Sqft
• Pool: Building None

Construction

• General: 3

Location

• Originating MLS: RLS_REBNY
• County: Kings

Lot

• Zoning: 00447-0024
• View: Other

Financial

• Source: RLS_REBNY