Good Buy? (Prospect Heights)

Hi all,

I’ve never posted here before, but I’m interested in getting everyone’s feedback on my recent co-op purchase. It’s a studio in Prospect Heights on Underhill Ave (north of Sterling but south of Bergen), probably about 350 sq feet. It was listed at 400, but I have my doubts about that number. Purchase price was $185,000 in December.

A few things to note:
-Has an eat-in kitchen (read: kitchen is a room seperated from the rest of the studio by a hallway)
-Gated common garden / recreation area (plot is about the size of a building or two)
-Prewar building with decorative fireplace (including ornate ironwork covering)
-Installed a murphy bed b/c of space limitations

I fell in love with the place and am very comfortable there, but I’d nevertheless be interested in people’s opinion as to its value in relation to the neighborhood / Brooklyn market / etc.

So, good buy or bad buy?

By collin85 | 03/24/2009 3:05 PM