How far has the market between 4th and 5th Avenues in Park Slope moved up in the last three years? According to the seller of Apartment 2F at 316 2nd Street, more than 60 percent. Back in early 2005, the seller paid $670,000 for a 1,310-square-foot apartment in the newly constructed building. It’s now back on the market for $1,095,000. Since the high price certainly can’t be being driven by the aesthetics of the building’s exterior (yuck!), all we can guess is that the seller’s banking on the fact that there’s great demand for “family-sized” apartments in the Slope. (To be fair, the interior looks perfectly nice.) Since this has three real bedrooms, it certainly qualifies. Or maybe it’s just the first example of the Olive Garden premium! Either way, there’s an open house on Sunday from 2 to 4 pm.
316 2nd Street [Corcoran] GMAP P*Shark