145 President Street
145 President Street, Brooklyn, NY 11231
Carroll Gardens, Brooklyn
BBL 3003437501 · BIN 3422544
- Year built
- 2017
- Type
- Condominium
- Units
- 17
- Floors
- 7
- Landmark
- No
- Subletting
- Not documented. The Eleventh Amendment discloses that Sponsor rented five Unsold Residential Units for approximately $53,000/month in aggregate, which establishes that leasing is permitted, but no rental rules, minimum term or cap were located. Page asks for the current rental policy rather than stating one.
Compiled by The Roebling Research Desk from the building’s offering plan, amendments, and related building documents (primary source dated 2020 (Eleventh Amendment)). Reported and subject to confirmation. Board policies can change by amendment — confirm at the offer stage.
President Street is one of the two streets the Landmarks Preservation Commission drew its 1973 Carroll Gardens district around, but only between Smith and Hoyt, where Richard Butts's 1846 platting set the houses behind their thirty-three-foot courtyards. Five blocks west, at the Hicks Street end, President Street is a different street entirely: row houses to the sidewalk, the Brooklyn-Queens Expressway corridor at the corner, and the Columbia Waterfront district beginning immediately beyond it. 145 President Street sits at that edge, and a buyer should walk the block and stand at the corner before doing anything else. It is the single most consequential thing about the address and no one else in the transaction will raise it.
What Avery Hall built there is a seventeen-apartment condominium with a program far denser than the unit count suggests. Seven stories and seventy-five feet on a lot of about 8,500 square feet, carrying a cellar fitness room, bicycle storage in three separate locations, an art room off the lobby, sixteen parking spaces at the ground floor, a ground-floor medical community-facility unit, private roof terraces at the second floor and on both penthouses, and a public roof terrace at the top. Three apartments per floor from two through six, two penthouses above. That is a full amenity set on a boutique footprint, and it is why the building carries roughly 3.84 FAR in an R6A district that allows about 3.00 residential — the community facility is what buys the extra bulk, and the medical suite at the ground floor is the consideration.
SLCE Architects designed it, and the firm's involvement runs through the plan's own paperwork: the architect's letter setting the escrow for the permanent certificate of occupancy is signed by an SLCE partner. The sponsor's principals, Avi Fisher and Brian Ezra of Avery Hall Investments, were building three condominiums in the same few blocks at the same time — this one, 325 Henry Street and 161–163 Columbia Street — which is disclosed in the plan's financial section and is useful context for anyone reading the building's early history.
Two features of that history matter more than anything else in the file, and both are the kind of thing that quietly misprices a purchase.
The first is the sponsor common-charge abatement. Under the Sixth Amendment the sponsor escrowed three annual payments of $107,798.33 — after the first closing in June 2019, then in June 2020 and June 2021 — to subsidize unit owners' common charges. In the 2020 accounting the sponsor's monthly abatement contribution against closed units was $5,498 on total estimated monthly common charges of $15,184, which is to say roughly a third of the building's common charges were being paid by the sponsor rather than by the owners. That structure was always temporary. Any common-charge figure carried forward from the sell-out period understates the stabilized number, and a buyer relying on historical listing data will get the monthly wrong. Ask for the current budget and the current per-unit charge, and ignore anything from 2019 to 2021.
The second is the certificate of occupancy. As of the last amendment reviewed the building held a temporary certificate, renewable every ninety days, with $15,675 escrowed against the six items the architect listed as outstanding — including securing final certificates for the neighboring properties at 170 and 172 Union Street in order to comply with an easement agreement. A permanent certificate of occupancy that depends on work at a neighbouring property is an unusual condition, and while six years have passed, it is not something to assume has resolved. Ask management to produce the current certificate.
Architecture and unit composition
Seven stories, seventy-five feet, construction classification 1-B, R-2 occupancy, on an 8,514-square-foot lot in an R6A district. The tax roll records about 32,700 square feet of building area — roughly 29,900 residential and 2,750 commercial. The residential stack is legible from the certificate of occupancy: three units on each of floors two through six, two penthouse units on the seventh with private roof terraces, and a private roof terrace attached at the second floor. Deeded unit designations run 2A through 6C plus PH North and PH South.
The garden-level apartments on the second floor are worth singling out. The public land records identify two of them as garden units, and the certificate of occupancy attaches a private roof terrace at that level — outdoor space at the bottom of the building rather than only at the top, which is uncommon at this scale and is a genuine alternative for buyers who would otherwise be looking at row-house parlour floors.
Parking is sixteen spaces at the ground floor, held as separate condominium units and conveyed accordingly. As of the 2020 accounting, thirteen of them had closed and three remained with the sponsor. What conveys with a given apartment should be confirmed on the deed, not assumed from the listing.
Because the property is outside the Carroll Gardens Historic District, exterior work here proceeds through the Department of Buildings alone. The district's boundaries stop five blocks east, and nothing about this address requires Landmarks review.
Building operations
A seventeen-unit condominium is a small operating entity with an amenity load sized for a much larger one — a fitness room, an art room, a public roof terrace, three bicycle rooms, a parking garage and a community-facility neighbour at the ground floor. Every one of those is a maintenance obligation spread across seventeen apartments. That arithmetic is the building's principal operating characteristic and it should be underwritten directly rather than admired.
The condominium's Department of Housing Preservation and Development registration names Sequoia Property Management as managing agent for the current cycle; the eleventh amendment recorded FirstService Residential in that role in 2020.
Request three years of financial statements, the current budget and per-unit common charge, the reserve balance, the minutes covering any assessment, the current certificate of occupancy, and the status of the sponsor's remaining units. On a 2019 building the envelope should still be young, but the specific items to check are the roof and the two roof-terrace assemblies, the garage slab and its drainage, the elevator, the sprinkler and fire-alarm systems, and any water history at the terrace-to-apartment transitions, which are the standard failure point in buildings of this type.
The easements deserve their own question. The zoning lot comprises multiple tax lots; a parking access easement runs between this lot and an adjoining one; a light and air easement is recorded; and the permanent certificate of occupancy was tied to the neighbouring Union Street properties. Your attorney should read all of them rather than accept a summary.
Recent sales
The retrade record
Lines that have traded more than once in the public record — the building’s appreciation arc, apartment by apartment.
Recent closings at this building, sourced from NYC Department of Finance records. Apartment-level detail (line, condition, asking-price context) verified upon consultation request.
| Date | Unit | Price |
|---|---|---|
| Jul 23, 2025 | 6C | $2,900,000 |
| Apr 25, 2025 | 3A | $3,625,000 |
| Apr 16, 2025 | 3C | $2,875,000 |
| Feb 28, 2025 | 3B | $2,320,000 |
| Oct 25, 2024 | 4B | $2,625,000 |
| Aug 23, 2024 | 6B | $2,600,000 |
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 3-00343-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price.
What to know if you’re buying
Ignore any common-charge figure from 2019 to 2021. The sponsor was subsidizing roughly a third of the building's common charges under an abatement that ran out in 2022. Get the current budget and the current per-unit charge.
Ask for the current certificate of occupancy. The building was on a temporary certificate as of the last amendment reviewed, with an escrow held and a dependency on the neighbouring Union Street properties.
Have your attorney read the easements. Light and air, parking access, and a multi-lot zoning lot. This is not a single-lot building and the paperwork reflects it.
Ask how many units the sponsor still holds and whether they are rented. As of 2020 it held five residential units, three parking units and the community facility. Both the board and your lender care about the answer.
Stand at the Hicks Street corner. The western edge of Carroll Gardens is the expressway corridor. It is the address's defining condition and it should be your own judgment, not anyone else's.
What to know if you’re selling
Lead with the amenity load against the unit count. Seventeen apartments with a fitness room, an art room, bicycle storage, parking and a public roof terrace is an unusual combination in a Carroll Gardens boutique building.
Name the architect. SLCE Architects designed the building, and the firm's certification is in the plan's own record. That is a documented credential.
Present the common charge and the real estate tax together. Buyers coming from the neighborhood's cooperatives will misread the monthly otherwise.
Sell the outdoor space specifically. Private terraces at the second floor and on both penthouses, plus a public roof terrace for the whole building. In this neighborhood that competes with a house.
Have the condominium package ready. Financials, current budget, reserve balance, house rules, rental policy, the waiver procedure, the certificate of occupancy, the parking deed if one conveys, and the alteration approvals for work done.
Comparable buildings
If you're considering 145 President Street, also evaluate:
- 291 Union Street (Sackett Union) — the neighborhood's larger new-construction condominium, with parking and rooftop space; the closest direct peer
- 345 Carroll Street — 32-unit condominium at the neighborhood's eastern edge, with parking and storage sold separately
- 344 Degraw Street — the previous generation of the same product, with balconies
- 501 Hicks Street — 34-unit Cobble Hill condominium further north on the same street
- 401 Hicks Street (The Arches at Cobble Hill) — Cobble Hill condominium with parking
- 450 Clinton Street — the Old Westminster Church cooperative on the First Place garden block; the co-op comparison
- 358 Court Street — the South Congregational Church complex; the church conversion in condominium form
- 505 Court Street (Court Street Lofts) — the neighborhood's loft alternative
- 58 Strong Place (The Landmark at Strong) — Cobble Hill church conversion; the boutique-scale comparison
Considering a move at 145 President Street?
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A Private Pricing Opinion — what your apartment at 145 President Street would likely sell for today, what it costs to sell, and what you’d walk away with — reviewed personally against condition, exposures, renovation quality, and the competition actually on the market.