50 Sterling Place in Park Slope is a classic four-story brownstone that has been divided into three co-op apartments. The owner of Apartment #2 paid $599,000 for her second-floor two-bedroom floor-thru in 2006 and is now putting it back on the market for $669,000. We don’t mind the fact that the living room is located in the middle of the apartment where there are no direct windows; it means that the kitchen space is more than a small alcove. (The kitchen finishes themselves, however, look a little below par.) Even if the psychology in the market improves, though, these townhouse apartments are going to continue to feel pressure from the coming glut of new-construction condos that are similarly sized. What do you think this will ultimately sell for?
50 Sterling Place [Brown Harris Stevens] GMAP P*Shark