Co-op of the Day: 416 Ocean Avenue, #12
This three-bedroom apartment at 416 Ocean Avenue in Prospect Lefferts Gardens came to market two months ago asking $395,000 and recently was reduced to $367,500. At 1,234 square feet, it’s a large prewar pad and the exterior of the building is lovely. The interior photos, usually well done in Corcoran listings, don’t help the apartment…
This three-bedroom apartment at 416 Ocean Avenue in Prospect Lefferts Gardens came to market two months ago asking $395,000 and recently was reduced to $367,500. At 1,234 square feet, it’s a large prewar pad and the exterior of the building is lovely. The interior photos, usually well done in Corcoran listings, don’t help the apartment put its best foot forward though, so before cutting the price again, we’d suggest investing a couple hundred bucks in some decent photography!
416 Ocean Avenue, #12 [Corcoran] GMAP P*Shark
Bon Temps, do you think that this was originally a two bedroom apt, with the second bedroom the small narrow one? If the funny shaped one was a dining room and the wall between the other front bedroom and the living room was once not there, that’s what that would mean, yes? But that doesn’t really make sense for such a large apt. Though, neither does anything else I can think of, if you are correct about the bedroom/former dining room. That other front bedroom could not have been originally intended as a bedroom . . . confusing.
Bon Temps (2:03): Thanks!
Checked the building’s floor plans on Street Easy. Some of them look interesting.
Wonder how I missed this one. Thought I knew all the big pre-war apartment houses in Brooklyn.
The lobby’s definitely worth a sneak peak. Reminds me of some of the great ones in my boyhood neighborhood, Crown Heights.
Just wish they were all in such great shape these days. (They were when I was a kid in the 1950s.)
Dig that ceiling’s coffers!
And the polished elevator doors!
Looking at the street view, my guess this place went up in the 1920s and the builders may have imagined a new “Gold Coast.”
Then the Depression hit, alas.
Technically, this building is not in PLG as it’s just south of the PLG border. And, it’s definitely not Prospect Park South as it’s too far north and east of that area. I’m thinking this might be Caton Park? At any rate, and wherever it is, I don’t mind the mistaken claim that it’s in PLG since it’s always been one of my favorite large apartment buildings in the general area. It should definitely be a top co-op for consideration by those who are looking to buy a fabulous prewar apartment, in a great building, in a location practically on the Park as well as near major bus and subway routes, and at a relatively “affordable” price. And, no, I don’t work for Corcoran or have any shares in this building. 🙂 Just know this nabe and this building and think it’s a great deal for somebody!
@bontemps and @11217 and the 9th Ward, the favelas of Brazil, Sabra and Shatila in Beirut.
There’s a whole world of neighborhoods full of families that no one would call a “family neighborhood.” Not to veer wildly off topic or anything.
Anyway. I looked at Street Easy and you could pay almost twice as much for an apartment the same size that gets more light.
I don’t see it as such a great deal. 1 bath? Looks like it needs a gut reno on top of everything else. You’ll end up paying a half mil when all is said and done.
I looked at an apartment on Parade Place a little while back. I wasn’t really familiar with that particular area, so I walked around a bit after the open house.
I got a “sketchy” vibe as well, but part of that could have been due to the rather obvious drug dealing going on across the street from a new “luxury” condo project.
I had a friend get caught in gunfire last night on the UPPER WEST SIDE at around 9:45pm.
Said people were running for cover and screaming as at least 10 shots were fired…
Don’t think anyone was hurt, but that’s gotta shake you up.
BonTemps,
Thanks for the inside on the building and the neighborhood. I am not in the market now but I am sure it’ll be useful for someone who is looking for a similar deal and apartment.
11217: True. But people seem to forget that violence, unfortunately, happens almost anywhere these days: suburban malls, schools, etc. I agree that some neighborhoods have more violence than others, but I find ontheparkway’s comment sort of interesting given that he lives in Prospect Heights, that was deemed “sketchy” not so many years ago. Sometimes I think people use the word “sketchy” as a euphemism for race. Could be wrong. No offense to anyone if I am.