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It’s hard to get your arms around this ground-floor duplex at 497 12th Street in Park Slope without a floorplan; despite having some nice original woodwork, the layout looks a little awkward and the views aren’t exactly uplifting. Our guess is that the eventual buyers will have a similar profile to the sellers—a couple with a small baby (or one on the way). The asking price of $849,000 for the 1,020-square-foot apartment seems a bit aggressive to us, but the outdoor space helps soften the blow. What do you think?
497 12th Street, #1R [Betancourt] GMAP P*Shark


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  1. We did not include the square footage of the “garden” in the total square footage of the apartment. The garden is about 350 sq ft and our apartment is about 1,020. The parlor level is about 800 sq ft and the lower duplex level (which has 2 windows and a door to the front of the building) is about 220 sq ft. The apartment next door sold on July 14th for $850 w/out renovations, no washer/dryer in unit and smaller yard- yes pre financial collapse so we will see, none the less it’s a great space in a great location and you can come by and check it out on Sunday from 2-4. We hope to see you….

  2. What really helps to soften the blow is the $517 monthly charge. if this were a co-op it would be double that. I agree that a year ago this would have been a good buy, but now it’s anyone’s guess.

  3. The problem with this apartment is that much of the square footage is in the “garden” which appears to be much lower than typical livable “garden levels”. Its not quite the basement – but almost.

  4. Nokilissa, we’ve missed you!

    I’m ashamed to say I actually really like the look of this apartment (head slumps forward, palm cov…ok, you get the point), even the little crib nook with the forest wallpaper and lighting overhead – although I’m worried junior might get fixated on the lights and stare at them directly for hours.

  5. A month ago I might have said this still appears to be a good value. After this week’s economic news, I’d be surprised if they get any interest at that price. Looks like a nice space overall, with coveted garden space, but those rooms look NARROW! Definitely need a floorplan.

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