870 President Street, Brooklyn (Park Slope), NY, 11215 | $7,995,000

A rare 30-foot-wide Park Slope brownstone just one block from Prospect Park, 870 President Street offers extraordinary scale, elegance, and possibility in one of Brooklyn's most coveted locations.

Set behind a gracious front yard and classic brownstone facade, this expansive three-story home offers six bedrooms and three baths, with a windowed basement below, a fabulous terrace above and central air. Currently arranged with a flexible first-floor one-bedroom suite and a spacious upper duplex, the house offers a wonderful opportunity to create a grand single-family home of remarkable width, volume, and character.

Up the front steps, double wood doors open to a vestibule and generous gallery-style foyer with rich woodwork, a stately fireplace, and striking floor tilework with mosaic accents and border. The first floor is currently used as a large one-bedroom apartment, but could easily be reincorporated into the rest of the house. This level includes a front bedroom, large living room, formal dining room, full bath, excellent closets, and an enormous rear kitchen extension measuring over 24 feet long. With three exposures, the kitchen is unusually bright, creating a beautiful sense of openness at the rear of the house and connecting to a deck and garden beyond.

A grand skylit staircase rises through the home to the upper floors, where oversized north and south-facing windows, high ceilings, hardwood floors, tasteful wood details, built-ins, and decorative fireplaces create warmth and elegance throughout. The second level features a gracious living room, two bedrooms, a full bath, and an eat-in kitchen that opens directly to an incredible roof terrace with wood decking, fencing, and pergola. This private outdoor space functions like an open-air room, perfect for entertaining, dining alfresco, gardening, or quiet evenings above the treetops.

The third floor offers three generously proportioned bedrooms, extensive closet space, a large windowed laundry room, full bath, and a separate office. The rear bedroom connects beautifully to the office, making the layout especially well-suited for working from home, guests, play space, or future reconfiguration.
Below, the windowed basement offers exceptional potential, with ceiling heights of approximately 8'8", multiple storage areas, mechanicals, and tremendous flexibility for future recreation, studio, gym, or utility space.

Beautifully maintained, exceptionally charming, and unusually wide, 870 President Street presents a rare opportunity to create a spectacular Park Slope home with scale, light, outdoor space, and flexibility already in place. While legally a two-family, the home is most naturally suited to be enjoyed as a substantial single-family residence or reimagined to meet the next owner's needs.

Just one block from Prospect Park West and the lush greenery of Brooklyn's most treasured park, the home is moments from Grand Army Plaza, the weekly farmers market, vibrant 7th Avenue shops and restaurants, the Brooklyn Museum, Brooklyn Botanic Garden, and Brooklyn Public Library. This is Park Slope living at its most elegant, spacious, and enduring.



Features

  • Town: Brooklyn
  • Amenities: Garden; Laundry Room; Roof Deck;
  • Rooms: 13
  • Laundry: InUnit
  • Year Built: 1905
  • Cooling: Central
  • Service Level: None
  • Built Size: 30'x50'
  • OLR#: RLS20088123
  • Days on Market: 31 days
  • Website: https://www.raveis.com
    /prop/RLS20088123/870presidentstreet_brooklyn_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

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870 President Street, Brooklyn (Park Slope), NY, 11215

$7,995,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $6,396,000 $6,396,000 $6,396,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.125% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.259% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $36,316 $38,863 $53,973
Total Monthly Payment $36,441 $38,988 $54,098

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.