395Smith.JPG
Even though the 14-unit building at 395 Smith Street went condo over a decade ago, the sponsor is just now getting around to selling the 1,090-square-foot duplex penthouse apartment. The price? $750,000. If the apartment had recently been renovated, this price would not seem unreasonable to us, but the place looks like a 1980s-era rental apartment, which is probably what it is. That said, some buyers may be attracted to the fact that the sponsor only requires 10% down—of course, you have to find a lender in this environment that’s cool with that.
395 Smith Street [Brooklyn Heights RE] GMAP P*Shark


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  1. If the unit is in the rear, the F/G train proximity might not be too bad. It’d definitely need some aesthetic reno work — those cabinets/closets/shelves are pretty yuck — though you’d be surprised what some DIY effort could do with this space pretty cheaply. Not sure if the price is right though … If it was $300k I’d buy it right now. 🙂

  2. Since when does a three or four story building have a “penthouse”?

    1:01, what he means is that directly across from this bldg is the point where the Culver Viaduct ends and the F&G trains go back under ground . . . in other words, there are above ground subway tracks directly in front of this building.

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