Co-op of the Day: 75 Prospect Park West, #2B
This co-op that just hit the market at 75 Prospect Park West shouldn’t have any problem attracting interested buyers: It’s got lots of classic charm and three bedrooms to boot. It’s also located right across the street from the 3rd Street entrance to the park. (We’re also digging the oh-so-subtle 321 reference: “Stroll down 3rd…
This co-op that just hit the market at 75 Prospect Park West shouldn’t have any problem attracting interested buyers: It’s got lots of classic charm and three bedrooms to boot. It’s also located right across the street from the 3rd Street entrance to the park. (We’re also digging the oh-so-subtle 321 reference: “Stroll down 3rd Street to an ever popular elementary school on 7th Ave.”) The price tag is $1,095,000. Think it’ll fly?
75 Prospect Park West, #2B [Corcoran] GMAP P*Shark
Sweetlou — everyone agrees that 321 is a great public school and a draw for Park Slope. You are lucky to have the benefit of it. But the school is at 130% capacity, has cut its pre-K program almost entirely, recently ended the sibling preference for out-of-zone families, and has had to build bungalows in the school yard to accomodate the numbers of students. There are something like 12 kindergarten classes this year. If you’ve had kids there for 9 years, then you haven’t yet seen the effects of the influx from the new condos on 4th Ave. It’s still a better school than most and no one is insulting it. All I’m saying is that, given the choice between a public school with a 30-1 ratio versus a private school with a 20-2 ratio, I’d go with the latter. (Of course, I personally don’t have that choice, so it’s all academic).
Miss Muffet – I’ve had kids at 321 for the last 9 years and like most good NYC public schools it is crowded and the classes are bigger than you’d like, but the rumors of “massive overcrowding” are silly.
Having an apartment worth a million dollars does not mean you paid a million dollars for it. There are many families in Park Slope who bought their places in the 90’s or early 2000’s (and now have school-age children) but would not have the income to buy the same place now. And I suspect that those of you touting 321 and 282 don’t have kids in elementary school. I do, and if I lived in the 321 zone but could comfortably afford private school, I would send my kids to private (as have most of my friends who are in that position).
Very nice pad; will go for close to ask; no lower than $999K. Most classic 6 apartments are configured similarly: LR, DR, Kitchen, 2 BRs and maids room. I, for one, love having a dining room. Not only is it great for entertaiing – which we do often – but it allows us to sit down and actually eat and talk at the end of the day (no TV, phones, etc). And, we have always used the dining room table as a pseudo office to do work – you can spread out and get alot done that way.
11217 – I have a child in public school and know 321 well. It IS very crowded – it is patently false to say the crowding problems are an overexaggeration.
Have to disagree with listing, though, about the light. 15 windows are great, but you will not have light pouring in “at all times of the day” with an eastern and northern exposure.
Oh, I love the dining room where it is. Not that the whole space needs to be only “dining,” but this way the common rooms feel spacious, are spacious. Would not want a bedroom over there between the living room and kitchen. Nice the way the bedrooms are separate now. Nice size foyer too, leading into the living room. The feeling of space and air are probably great.
Of course though, it’s really a very nice sized two-bedroom apt. with an extra room.
I’d be extremely tempted to turn the dr into a proper 3rd bedroom, and maybe figure out a way to create direct access from kitchen to small br to serve as dining room. Face it, you dont use the dr very often, so it can be a small room. As for the mansion tax, it’s only 1 percent, so it’s really not the barrier that most people make it out to be. I’d say this goes for ask, at least.
Lesloaf — what income bracket are you talking about? And are they in the PS 321 zone?
PS 321 has over 1300 students in K to 5, 95% of whom come from the zone (which is basically Union to 4th Street. That’s a lot of kids staying in their zone who live in expensive brownstones or apartments worth $900K on up.
PS 282 (which handles basically the North Slope) accepts a lot more student form outside its zone, so it may be that you know more people who live in this area and choose to forego the space at their local school (which personally I would find far more convenient in terms of getting to and from subways.)