Newswire

Ideal Properties Group Sells 641 President Street & 682 Union Street in Park Slope for $12.6 Million

641 President Street & 682 Union Street

Erik Serras, principal broker at Ideal Properties Group, and James Guimaraes, licensed real estate salesperson, just sold the package of 641 President Street and 682 Union Street in Park Slope for $12.6 million.

The 641 President Street and 682 Union Street building package is spread over three components (residential at 641 President Street, offices at 641 President Street, and mixed-use retail/residential component at 682 Union Street). Completed in 2002, 641 President Street is a mixed-use elevator building featuring four apartments above a retail space on the ground floor. There is a shared roof deck and every apartment comes with private outdoor space, a dishwasher, washer/dryer, and CCTV security system. At 25 feet wide, the apartments are open and spacious, standing out from competing rental stock.

Behind the apartments at 641 President is a two-story office building with 17 separate offices, commercial kitchen, and shared conference room. The public spaces are climate controlled, ADA accessible and covered by CCTV cameras.

682 Union street is a 25-foot wide mixed-use townhouse. The ground floor is currently used as an office and the parlor is retail. There are two apartments above with shared laundry – the first has 12-foot ceilings and a loft layout. The top floor is a floor-through duplex with private roof deck.

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