Prewar Condos in PLG Conversion Near Prospect Park Selling Quickly

More than half of the apartments in the 40-unit building at 35-41 Clarkson Avenue in Prospect-Lefferts are already spoken for, according to Brian Meier, a broker with Douglas Elliman. Fourteen of the units were released in early June, and within a night, all had offers at their asking prices — between $200,000 and $400,000 — along with backup buyers. Now there are 16 units under contract, with another 6 ready for release on Wednesday.

The prewar, four-story building is a conversion from rentals to condos and will be 100 percent occupant owned, Meier added. “We are working with tenants to leave the building and then releasing the apartments in batches,” he wrote in an email. GMAP

More Apartments Coming Soon [Brownstoner]
41 Clarkson Avenue [Douglas Elliman]

5 Comment

  • It would be nice to see more of these types of conversions in the neighborhood. There are a ton of mid to large scale apartment buildings in the area that would be great conversion opportunities. I have always wondered who are the landlords that let some of these beautiful old buildings lay to waste?

  • “Working with tenants to leave the buidling”–I find that rather vague. Many of these tenants, I suspect, have lived a great deal of their lives in the building—maybe have strong invenestments in the neighborhood. Couldn’t those who wanted to have been allowed to stay. It’s nice to see reasonably priced co-ops, I just wonder what the human cost was in getting all the tenants removed.

  • Nice looking building. Good location. Well priced. Only downside I see is that some of the rooms in these floorplans look pretty tiny.

  • I did a recon mission of this place last weekend on my bike. Its an okay area but still kind of dicey.
    If it were 8 blocks north near the Flatbush / Lincoln road intersection it would be a no brainer. Great price points and nice interior design. There should be dozens of new developments like this.