Co-op Condo of the Day: 338 Prospect Place, #5E
A top-floor walk-up in Prospect Heights for almost $750 a foot? Not bloody likely. Granted Apartment 5E at 338 Prospect Place in Prospect Heights has a 600-square-foot private roof deck in addition to its 823 square feet of interior space, but we still can’t see someone shelling out $600,000 for the privilege. The current owner…
A top-floor walk-up in Prospect Heights for almost $750 a foot? Not bloody likely. Granted Apartment 5E at 338 Prospect Place in Prospect Heights has a 600-square-foot private roof deck in addition to its 823 square feet of interior space, but we still can’t see someone shelling out $600,000 for the privilege. The current owner paid $475,000 back in 2005. There’s some reference to a renovated bathroom, but it’s hard to see this current asking price flying. And if you wanted to sell the place and it was really worth $600,000, you’d think you could post a few photos.
338 Prospect Place, #5E [Moss] GMAP P*Shark
Photo by Gregg Snodgrass for PropertyShark
It’s all coming up around here but this may be the best building on the block with, unfortunately, some very crummy buildings adjacent.
sam is totally on point. looking down the road, it certainly limits potential buyers including anyone who travels often. carrying a suitcase up and down 5 flights of stairs every time i go somewhere is not enticing at 600k, ok maybe at 500k – but still lets get some interior photos up!!!
A walk-up like this is not a good investment at this price.
The market for it (fit, young people with no babies or pets) limits the universe of potential buyers.
Without seeing any pictures I say $550 if they are lucky considering its a top floor walk up.
I own and live in this building. It’s a condo, not a co-op.
Clearly, the marketing of this apartment is geared towards someone who wants to own now and has heard about Brooklyn. That person hasn’t done their homework. No matter how lovely the kitchen, it cannot make up for the fact that it is a fifth floor walk up in a one day soon will be fine part of Prospect Heights. Sure the roof deck is lovely, but can its existence outweigh its location.
A better value can be had on streets closer to the park or Eastern Parkway.
top floor walk up is rough. but then again, a private roof deck could be pretty sweet. but like prior posters said without any photos who knows what the deal with this place is.
That can’t seriously be a walk-up for $600k right? (yes, I’m consistently incredulous.)
The photo in the Times makes a much different impression of the building- the entryway is quite lovely. This photo makes the building look dreary and dirty. Sorry there are no interior shots- i wonder why brokers do that, especially if this is the kind of listing you need to drum up excitement over considering the price.