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Apartment 6F at 125 Eastern Parkway in Prospect Heights was listed last month for $675,000. Last week, the 1,000-square-foot preqar apartment’s asking price was trimmed to $650,000. The two-bedroom apartment is nicely laid out but lacks a second bathroom. Monthly maintenance is a reasonable $767. Do you think this price is reasonable in this market?
125 Eastern Parkway, #6F [Corcoran] GMAP P*Shark


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  1. Yep, looks like they took a break for the holidays andchanged brokers:

    http://www.streeteasy.com/nyc/sale/359333-coop-125-eastern-parkway-prospect-heights-brooklyn

    10/22/2008 – Listed in StreetEasy by Warren Lewis at $699,000
    12/18/2008 – Warren Lewis listing no longer available

    http://www.streeteasy.com/nyc/sale/372861-coop-125-eastern-parkway-prospect-heights-brooklyn

    01/06/2009 – Listed in StreetEasy by Corcoran at $675,000
    02/11/2009 – Price decreased to $650,000

  2. Sam– its not personal… I actually meant that comment genuinely. It is nice to be on a blog and see different perspectives. As for the time period, they listed it at the beginning of the year, so this is just about two months. Not too bad for this market yet. Maybe they will drop the price to sell faster. Whatever it is good luck to you and them!

  3. Sam– its not personal… I actually meant that comment genuinely. It is nice to be on a blog and see different perspectives. As for the time period, they listed it at the beginning of the year, so this is just about two months. Not too bad for this market yet. Maybe they will drop the price to sell faster. Whatever it is good luck to you and them!

  4. mark – that cant be. It was posted for sale way more than a month ago. Perhaps they relisted. But yes, everything is relative. People see my place, and half think its tiny and half think its huge.

  5. Don’t forget — skyline views can add a lot to the price. But the kitchen needs a re-do (it’s a classic 1980’s sponsor cheapie renovation), and as sam points out, it’s not in a good school zone.

  6. Funny you should say so, Sam because they actually thought it was really spacious. This place has only been on the market for just over 1 month. I love how perceptions can be so different (I guess the time on market thing is just a fact though). I hear ya though.

  7. I am 99% sure this was on the market sometime last summer. My wife and I took a look and you guys are right, it is pretty small. The kitchen is really tiny and everything else is tight. If I remember correctly the floors are also really slanted.

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