« Brooklyn Food & Drink Round-Up House of the Day: 179 Bergen Street »
April 29, 2009
Co-op of the Day: 175 Eastern Parkway, #6N

We love this seven-story prewar building at 175 Eastern Parkway--the 45-degree angle of the facade gives it a special grandeur. This particular 570-square-foot one-bedroom is cute but rather small, so we'll be curious to see what it ends up selling for. The asking price is $379,000 and the monthly maintenance is $679.
175 Eastern Parkway, #6N [Corcoran] GMAP P*Shark
Trackback Pings
TrackBack URL for this entry:
http://www.brownstoner.com/mte/mt-tb.cgi/9498
Comments
There are several small one-bedrooms listed in Brooklyn Heights and Cobble Hill for similar prices right now, so why would I pick a small one-bedroom in Prospect Heights? It's gotta go under 300k, if you ask me.
Posted by: alsawo at April 29, 2009 12:45 PM
Ouch, that floorplan nearly put my eye out!
Beware - pointy closet ahead!
Posted by: SnarkSlope at April 29, 2009 12:45 PM
Cute apt, but the lack of kitchen pics, makes me a bit nervous. How far is it from Grand Army Plaza?
Posted by: ebklyn at April 29, 2009 12:45 PM
sorry this has to come down in price!
we all have to suspect the kitchen is old and would require a reno - plus it's over by Wash/underhill which is ok but def not prime
275K and this will move
Posted by: gemini10 at April 29, 2009 12:51 PM
Several blocks- it seems closer to the Brooklyn Museum- but that's a very easy walk to GAP in any case.
Posted by: bxgrl at April 29, 2009 12:51 PM
What an amazing lobby in that building. Nice location in re transit, the museum and the Botanic Garden. not so convenient for amenities. Great little apartment for a single person. Monthly nut would be just over 2G if you got it for 300 even. Wouldn't be a bad buy at that price.
Posted by: wasder at April 29, 2009 12:59 PM
Slightly OT, but i was in DC two weeks ago walking around the U-street area near adam's morgan and happened upon 3 different open houses for 1 BR apts.(2 in one building)
They were all priced between $350 and 400K, were between 600-750 SF and nothing special (one was ground floor and needed kitchen reno. The open houses were very busy. I was really surprised at the prices.
I don't know how you compare prospect heights to that area but it put some perspective for me on the claim that NYC prices are way out of whack with other US cities.
Posted by: squaredrive at April 29, 2009 1:04 PM
Not a bad deal. The location is excellent, almost directly across from the Brooklyn Museum. Good for a single person, and as bxgrl said just over a bluff to Grand Army. 2/3 close by as well. I like it.
Posted by: East New York at April 29, 2009 1:12 PM
Not a bad deal for $310,000 not $379,000--no way I'm paying $665/per sq foot in this neighborhood.
Posted by: Squattersrights at April 29, 2009 1:17 PM
squattersrights- you obviously don't know the neighborhood.
Posted by: bxgrl at April 29, 2009 1:20 PM
$2500+ a month for a small 1-bedroom... am I the only one that thinks that's expensive?!
Posted by: tybur6 at April 29, 2009 1:20 PM
bxgrl I lived there and know it well. I could rent out something similar for $1400/month. Why would I pay $2K+ per month (including mortgage tax deduction) for this- especially in a declining market. You would be lucky to get $275K for this in one year's time
Posted by: Squattersrights at April 29, 2009 1:24 PM
This building is on the corner of Washington and Eastern Parkway, directly across from the museum and the BBG, and a couple hundred yards from the 2/3 stop at Eastern Parkway. There's a good grocery store and a fantastic Jamaican takeout place across the street on Washington as well. So, very convenient, but depending on where your windows are also potentially quite noisy.
I love the lobby here, although it's got a certain faded-glamor vibe in person. I haven't been in the N-line, but I'm not crazy about the amount of light the apartments I have been in get, and the ceilings are a little low for a building that feels this grand on the outside.
That having been said, this is a nice little place, and I think a pretty good price.
Posted by: phbalanced at April 29, 2009 1:25 PM
My wife and I looked at either this unit or a similar one in the building a few months ago. The kitchen is practically non-existent. 379k and no real full sized fridge doesn't make sense to me. But yes, the lobby is beautiful.
Posted by: dans at April 29, 2009 1:29 PM
Squattersrights, speaking as someone who's lived in the neighborhood for a decade, I would say that if you lived there more than a year or two ago, you don't know it now.
Posted by: phbalanced at April 29, 2009 1:30 PM
Maybe,squatterights- but this area is really beautiful and will only get better.
Posted by: bxgrl at April 29, 2009 1:32 PM
Just do the math--no sense in debating whether I know the nabe or not--you can rent a similar apt there for $1400. Would you pay that sort of premium to buy right now in a very uncertain market? It's your money
Posted by: Squattersrights at April 29, 2009 1:35 PM
I suspect this will sit until it drops below $300k.
Posted by: SnarkSlope at April 29, 2009 1:39 PM
HAHAHAHAHAHAHAHAHA
the PLs had their precious open thread taken away!!!!!!!!!!!
Posted by: randolph at April 29, 2009 1:43 PM
squatterights- if it's just a matter or buying vs renting I do agree with you. In the present market i would rather rent. I was responding to the "this neighbrohood" comment, not the question of practicality.
Posted by: bxgrl at April 29, 2009 1:55 PM
285k & be happy with it
Posted by: more4less at April 29, 2009 2:49 PM
And to think, in 1992 a two bedroom 2 bath apartment facing the museum was up for sale in this building for only $30K but I was too young and broke to afford it. :(
Posted by: cthecat at April 29, 2009 4:37 PM
Has to go for under 300K It looks small and poorly laid out...and in terms of the neighborhood I live there and would never pay 665 a square foot! Especially on Washington Ave.
Posted by: clintonhillbuyer at April 29, 2009 4:53 PM
Dunno about price, but I love that building. And location seems prime to me -- I think Eastern Parkway, at least until Washington -- if not Franklin -- is a little different than the rest of Prospect Heights.
Posted by: Heather at April 29, 2009 6:15 PM
With such outliers, I think you need to show median and not mean (average).
Posted by: Iknow at April 29, 2009 8:52 PM
phbalanced wrote: ". . . you don't know it now."
Dear PH, what is it like now? I lived in that area some time ago and would like to know, if you would please tell me, what the area is like now, compared to even 2-3 years ago.
About this particular coop, I wonder what side the windows face. If it were Eastern Parkway with a museum view, it seems that would have been mentioned as a selling point.
Posted by: BklynSoFar at April 29, 2009 11:09 PM
Brownstoner:
This looks like a "Depression Special" like thousands of other pre-war apartments hacked into small units when things got tough in the 30's and 40's. Likely it was the tail end of a once grand apartment with proper foyer, living room, dining room and -- probably -- maid's room(s).
Years ago I was perusing a book on New York and came on an early photo of 175, probably part of its original marketing campaign. A terrific, long-nosed limousine was parked in front. (A Packard, Lincoln, or Pierce Arrow?) It wasn't likely that prospective tenants wanted a couple of awkward rooms and a pullman kitchen like the ones now for sale. Before they went broke, they were probably "garmentos" (garment factory owners and managers) looking for the Brooklyn equivalent of Fifth and Park Avenue apartments in walking distance of the Union Temple at Grand Army Plaza, socially one of the most prominent synagogues in the city.
During the 50's I had a friend in the building. It had doormen and elevator operators, sure signs of "class." I don't recall the potted fronds, but cinched curtains were behind the doors' plate glass just as they are now -- and as they were in that early photo!
My last visit to the place happened during the Kennedy administration. The lobby elevator doors slid open and out came a gaggle of ladies in pill box hats doing their Jackie immitations. It was the middle of the day. Apparently, there were still Brooklyn "ladies who lunch" frequenting 175. The elevator operator bowed slightly, then whisked me to my friend's floor.
His family's apartment was relatively large, with enough of the original plan and detail to make it impressive for a kid. Comparing the apartment above with my memory of his makes me think units in the building must be wildly different and that the experience of living in one can be entirely different from living in another, more Depression side affects.
By the 60s, Eastern Parkway was one of the few streets where white families still lived in Crown Heights. I recall during the late 50s and early 60s pals of mine moving there, their families lingering a few years before pushing on to the suburbs.
Nearly $400,000 for a small place on the Parkway? It would have been unimagineable then, when big new houses in Westchester and Long Island could be had for the low five figures!
Nostalgic on Park Avenue
Posted by: NOP at April 30, 2009 12:47 AM
Nostalgic on Park Avenue
Do you have any pictures of Crown Heights when you lived there?
And do you remember the apartment at 770 St. Marks Ave.? Do you have any photos or memories of that building? I would love to hear or see them.
Thanks!
Posted by: snowboardqueen at May 4, 2009 5:07 AM

Post a comment
Please be patient while your comment is published. It may take a moment.