<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2003-12-22</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000731245</issuerCik>
        <issuerName>PRESIDENTIAL REALTY CORP/DE/</issuerName>
        <issuerTradingSymbol>PDLA, PDLB</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001205255</rptOwnerCik>
            <rptOwnerName>CAPLIN MORTIMER M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>DANAHER CORP</rptOwnerStreet1>
            <rptOwnerStreet2>2099 PENNSYLVANIA AVE NW 12TH FL</rptOwnerStreet2>
            <rptOwnerCity>WASHINGTON</rptOwnerCity>
            <rptOwnerState>DC</rptOwnerState>
            <rptOwnerZipCode>20006</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>0</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
      </reportingOwnerRelationship>
   </reportingOwner>
 <nonDerivativeTable>
   <nonDerivativeTransaction>
      <securityTitle>
         <value>Presidential Realty Corp. Class B Common</value>
      </securityTitle>
      <transactionDate>
         <value>2003-12-22</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>G</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>5000</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>0</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>D</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>1000</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </nonDerivativeTransaction>
   <nonDerivativeHolding>
      <securityTitle>
         <value>Presidential Realty Corp. Class B Common</value>
      </securityTitle>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>35091</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>I</value>
         </directOrIndirectOwnership>
         <natureOfOwnership>
            <value>Sanford Bernstien Custodian Rollover of M.Caplin</value>
         </natureOfOwnership>
      </ownershipNature>
   </nonDerivativeHolding>
   <nonDerivativeTransaction>
      <securityTitle>
         <value>Presidential Realty Corp. Class B Common</value>
      </securityTitle>
      <transactionDate>
         <value>2003-12-22</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>G</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>5000</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>0</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>39775</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
            <value>I</value>
         </directOrIndirectOwnership>
         <natureOfOwnership>
            <value>Caplin Foundation</value>
            <footnoteId id="F1"/>
         </natureOfOwnership>
      </ownershipNature>
   </nonDerivativeTransaction>
 </nonDerivativeTable>
   <footnotes>
      <footnote id="F1"> Mr. Caplin disclaims beneficial ownership of the 39,775 shares of Class B Common Stock owned by the Caplin Foundation.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>Mortimer M. Caplin</signatureName>
      <signatureDate>2003-12-22</signatureDate>
   </ownerSignature>
</ownershipDocument>
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X0201
4
2003-12-22
0
0000731245
PRESIDENTIAL REALTY CORP/DE/
PDLA, PDLB
0001205255
CAPLIN MORTIMER M
DANAHER CORP
2099 PENNSYLVANIA AVE NW 12TH FL
WASHINGTON
DC
20006
1
0
0
0
Presidential Realty Corp. Class B Common
2003-12-22
4
G
0
5000
0
D
1000
D
Presidential Realty Corp. Class B Common
35091
I
Sanford Bernstien Custodian Rollover of M.Caplin
Presidential Realty Corp. Class B Common
2003-12-22
4
G
0
5000
0
A
39775
I
Caplin Foundation
Mr. Caplin disclaims beneficial ownership of the 39,775 shares of Class B Common Stock owned by the Caplin Foundation.
Mortimer M. Caplin
2003-12-22