Co-op of the Day: 205 Park Place
The details—mantel, moldings, original floors—give this one-bedroom at 205 Park Place in Prospect Heights a nice vibe. The railroad layout is probably suboptimal for some, with the bathroom through the bedroom in the rear. We have no idea if they are the same size, but the last three apartments to sell in the building went…
The details—mantel, moldings, original floors—give this one-bedroom at 205 Park Place in Prospect Heights a nice vibe. The railroad layout is probably suboptimal for some, with the bathroom through the bedroom in the rear. We have no idea if they are the same size, but the last three apartments to sell in the building went for between $420,000 and $440,000, suggesting that the asking price of $435,000 for this one has some basis in history. Of course, we weren’t in the middle of a housing crash when those ones sold, so we shall see. We will be very surprised if the selling price of this place ends up having a “4” at the front of it. It’s being sold by the owner who can be reached at siannegarlick AT gmail DOT com.
205 Park Place [NYT/FSBO] GMAP P*Shark
What the seller is asking for in my opinion,is defiantly on point with this market & that area. The comments left here, I believe, most of them, had never seen the place or took into account the location and its surroundings. As for the apt, it holds charm staying with the original woodwork thru-out. It’s in a building with no underlying mortgage and a maintance fee that is uncommonly low for an old building. The common spaces,roof deck & garden, are nicely kept. Bike & personal storage included in all that to.
It’s so close to Prospect Park, shops, dining, & NYC (15 minutes to Union Square) by train,which is on the corner of the block.
The only negative is the parking situation in that area.
I’ve seen both apartments. There’s definitely a reason why one is priced more than the other – the one for $435k is brighter, has a better layout (compared to the railroad style apt on the 1st floor), and has a great kitchen area. Also, who wants to live in a first floor apt without sunlight?
to InsertSnappyNameHere: there haven’t been any new grocery stores opening in the last 20 years, but both the Met and Key Food have improved significantly in the time we’ve been here. They’re both fine Brooklyn groceries, and there’s always the Key Food on 5th A if you want something exotic like canned escargot or Spotted Dick.
The Hot Bird loss, however, now that’s a cavity.
I don’t know where lechacal is today, but I just noticed that one of the 3 bedroom/2.5 bath/1500 sf units at The Vermeil has been reduced to 999K…
I think he mentioned he had looked at something there…
375k seems to be popular guess and widget is avg at that level. Nice details but it’s size and bathrm in bdrm limits it. I’m going w/ 375k too.
that said, I see worst listing asking for more.
That area next to the bathroom, is it a walk-in closet? Unclear.
Of course Clintonhillbuyer. I think you can do better than the Berkeley Place apartment, though. I mean…starting it at 595K? Really?!!
Don’t get me wrong…that block is one of the best in Park Slope (although I’m severely biased!) but you are obviously paying for a triple mint location in the ugliest building on the block.
As for the spending more time inside than out, lots of the details I love about my place are found on the inside. The Berkeley Place apt doesn’t even have moldings. I guess they are added easily enough, but it’s the details and obvious craftsmanship on the inside I like as much, if not more than the glorious outside…
We all don’t like the same things though, as you say.
11217:
?I saw this listing too. It’s just been significantly reduced to 430K. Thing is…it’s like comparing apples to oranges in a way…the Berkeley Place building is hideous.”
Yeah I totally agree that its a hideous building, and this one on Park Place is a far nicer looking building with great charm. My point is that I figure I’ll be spending a lot more time inside my apartment than on the street looking up at the ugly building. And I just feel strongly that for real estate bottom feeders like myself the slumping housing market finally means that we can make demands in the sub-450,000 range for things like (**gasp!!**) more than one closet!!
But hey, to each his own!!
I’ve seen an apartment at 333 4th street with that same layout. Not bad, but the kitchen is very narrow. I would probably opt for it over Park Place, despite the lack of nice detail.