Condo of the Day: 457 Prospect Place
This two-bedroom converted condo is in one of the most up-and-coming nabes in Brooklyn. The blocks east of Washington Avenue in Prospect Crown Heights experiencing a serious building boom, with high-end new construction projects like Hello Living spreading like wildfire. Given the proximity to Prospect Heights and Clinton Hill, not to mention Prospect Park, if…
This two-bedroom converted condo is in one of the most up-and-coming nabes in Brooklyn. The blocks east of Washington Avenue in Prospect Crown Heights experiencing a serious building boom, with high-end new construction projects like Hello Living spreading like wildfire. Given the proximity to Prospect Heights and Clinton Hill, not to mention Prospect Park, if the real estate market can keep chugging along for another couple of years, this neighborhood will have passed the tipping point. If that happens, $695,000 for a 1,400 square of ground floor space at 457 Prospect Place might look like a decent deal in retrospect. The reno isn’t our style but isn’t low-end either. It’s hard to tell what the overall light and air—probably the key factor in evaluating a ground-floor space—is like in this place. It hit the market on Friday last month and there was an open house on Saturday. Anyone check it out?
457 Prospect Place [The Developers Group] GMAP P*Shark
I live on this block and it’s a really nice street. Went to open house out of curiosity. The 1400 sf unit is actually a duplex consisting of the ground floor and a small cellar (rec room). The 3rd floor units were priced at 545K, and both received offers above asking at the first open house. Although basically the same, the apts greatly vary in price depending on the floor (up to 695K). We moved here last year and I can’t believe how quickly the neighborhood is changing.
If the border of Crown Heights is Washington Avenue, then someone had better tell the city to rename Prospect Heights HS (on corner of Classon), or tell the Prospect Heights Church (corner of Grand) that they have incorrectly named their house of worship, or inform the old synagogue on St. Johns beyond Classon that it never served Prospect Heights since opening in 1929.
I heard that HELLO project got $760 a/ft.
probably right, lol.
Ip: I don’t think it’s because Washington runs on a diagonal. People just don’t want to know they’re living in Crown Heights.
I think all the consternation about the eastern border of PH is due to the fact that Washinton runs at a diagnol (“pretty sneaky sis'” to all you Connect Four fans) to the rest of the streets in the area. This means you can live further east when near the park and still be in the bounds of PH, and paradoxically live further west if you are closer to Atlantic but be in Crown Heights. No biggie either way, but I think the diagnol direction of Washington Ave. is why people sometimes seem to get confused or have opinions about it.
It looks like they all have a cc of $261, not $800
I don’t see 1400 sq ft. I see half a floor-plate, which is about 1200, less some kind of common stairs, taking it to just over 1000 sq ft..
Yes, probably Crown Heights, but still just 6 or so blocks from PP.
I’d wait for the floorplan, but still on the face of it this is half the price of a similar apt. on the UWS or the heart of Park Slope. And the $800 maint. is about 2/3 of Manhattan prices.
regarding the PH/CH question, I think this apt. would appeal of folks priced out of Manhattan but want to stay in the 5 boros, not who really, really want to live in bklyn.