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507 President Street is an 8-unit self-managed co-op near popular Brooklyn attractions and amenities. The building offers shared spaces, convenient transportation access, and maintains income caps despite expired HDFC agreement.
507 President Street is an 8-unit self-managed co-op a stone's throw from Prospect Park, the Brooklyn Museum, Barclays Center, Brooklyn Academy of Music, a community garden, and the newest hip activities such as Kick Axe, Brooklyn Boulders, and Royal Palms. Owners share a back garden with a dining table and grill, and additional amenities include a bike room, a workout space with weights, and generous storage space in the cellar. The building is one block from the R train at Union and one stop from Atlantic Barclays where you can access the B/D/N/Q/R/2/3/4/5 trains. The building's HDFC regulatory agreement has expired, but the board maintains income caps.
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For some co-ops, instead of price per square foot, we use an estimate of the number of rooms for each sold apartment to chart price changes over time. This is because many co-op listings do not include square footage information, and this makes it challenging to calculate accurate square-foot averages.
By displaying the price per estimated room count, we are able to provide a more reliable and consistent metric for comparing sales in the building. While we hope that this gives you a clearer sense of price trends in the building, all data should be independently verified. All data provided are only estimates and should not be used to make any purchase or sale decision.
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