---
title: "502 PRESIDENT Street, Brooklyn, NY 11215"
description: "502 PRESIDENT Street, Brooklyn, NY 11215 — NYC real estate listing on Real Estate Rebate Team. Priced at $3,690,000. Est. potential buyer savings up to $92,250 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11215/502-president-street-ny-11215"
source: "Real Estate Rebate Team"
---

# 502 PRESIDENT Street, Brooklyn, NY 11215

> **Listing Courtesy of:** Corcoran Group

## 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.

## Property Details

- **Price**: $3,690,000
- **Potential Buyer Rebate**: $92,250
- **Bedrooms**: 5
- **Bathrooms**: 3 full, 2 half
- **Living Area**: 3,800 sqft
- **Property Type**: Residential
- **Year Built**: 1910
- **Building**: 502 PRESIDENT Street
- **Neighbourhood**: Gowanus
- **Area / Borough**: Brooklyn
- **Subdivision**: Gowanus
- **Listing Office**: Corcoran Group
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$92,250** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/502-president-street)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/gowanus)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.