Condo/Co-op of the Day

Compact Park Slope Co-op With Radiant-Heat Floors, Recently Renovated Kitchen Wants $595K

A one-bedroom co-op in a circa 1908 limestone apartment building comes with some attractive original features such as dark stained wood floors.

by Stephen Zacks

02/04/2020 3 minute 0

A compact one-bedroom in a limestone Park Slope co-op has been recently renovated and comes with some attractive original features and an updated kitchen. The building originated as a circa 1908 apartment house. Some nice characteristics are attractive hardwood floors and a roomy eat-in kitchen with glass-fronted cabinets.

The apartment has a separate foyer, but the living room has limited daylight from a small window in the corner. The hardwood floors continue in the kitchen, whose counter could be laminate or stone. The appliances, a mixture of stainless steel and white, include a dishwasher and washer/dryer neatly fitted into the cabinetry.

The bedroom is big enough for a king sized bed and has a chimney bump-out. Photos show it also has a radiator, although the listing says “radiant heat operates throughout the home.”

The bathroom looks to have vintage black and white floor tile, along with square white tile walls, a pedestal sink, and shiny new brass fittings. A window in the bathroom opens to an air shaft. There are two closets in the unit.

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The apartment appears to be on first floor of a circa 1908 corner building with four stories and eight units. 440 3rd Street was originally built with four floor-through apartments, each with six rooms, a period advertisement reveals. The apartment faces south toward the building’s rear and overlooks the shared garden.

Public records appear to show no individual unit in the building has ever sold, except perhaps for one, Unit 3, for $20,000 in 2012. This apartment, 1B, has previously been on the market as a rental. If a majority of the units are owned by the co-op, it could make financing difficult.

Alexander Maroni and Jed Klebanow at Douglas Elliman are showing the home, which is listed for $595,000. Monthly maintenance is $800, which may or may not include heat. Is it a good deal?

[Listing: 440 3rd Street, APT 1B | Broker: Douglas Elliman] GMAP