I don't think prices, even like this, can hold up in a downturn in area with few amenities like this. Ditmas has its charm but it's a long trip to the city and a long trip to the park, shopping, restaurants, etc. There are bad neighborhoods not far away and no Fresh Direct. There's a 950 square foot apt. in a similar kind of building for sale in Windsor Terrace right now for $399. I'd never buy in Ditmas if I could afford WT.

Posted by: darkandstormy at March 4, 2009 12:59 PM in response to Co-op of the Day: 415 Argyle Road, #3J

There is a similar place for sale on 15th Street right now--a little smaller but with a much nicer kitchen, 1.5 baths and a huge backyard. It's $599K and the open house was pretty dead. Based on that, $665K looks overpriced.

Posted by: darkandstormy at March 3, 2009 1:40 PM in response to Co-op of the Day: 344 6th Avenue, #2