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
Bontemps:
That’s very true that everyone has their own comfort level, but families have lived in Brownsville and inner city Detroit for many years too, but that doesn’t make them safe.
Let’s see, this neighborhood is on the southern “edge” of Prospect Lefferts Gardens, on the northern “edge” of Ditmas Park, and on the Eastern “edge” of Kensington. I guess we are on the edge, but we’re not isolated.
Buying is a lot about comfort level. I would not buy in an area in which I thought my life would be in danger. However, families have lived in this area for years and continue to live here. How bad can that be?
The one bathroom would be the deal-breaker for me.
also wanted to mention that this is definitely not the nicest part of Prospect Lefferts — I always heard people call this Prospect Park South.
It’s close to the train and the park and the location could be fine for many folks.
But it’s still on the edge of things, which in this market could definitely make it a riskier investment (ESPECIALLY for a first floor apartment).
NOP,
The 14′ x13′ Bedroom, was most likely a dining room. That is that what it is in most of the other units in this line.
The wall between the front bedroom and the living room seems to have been hastily constructed at some point. I knocked on it and it sounded really flimsy. Probably easy to take down.
> I was joking Snark…
I thought you might be, but wasn’t sure. My new place gets tons of light and that was a huge selling (or renting, really) point for me.
I’ve looked at a couple apts. in this building. They were both VERY big with nice pre-war details. Very tempting. But the location sucks. Kinda sketchy, very noisy. That is why the price psf is low.
The silver lining of having all your windows face the courtyard shaft is that you don’t hear all the street noise you’d get with outward-facing exposures. Personally I’d take the gloom and quiet any day.
I was joking Snark…
Although I’m one of those odd people who don’t like a ton of natural light inside.