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This three-bedroom co-op at 156 Prospect Park West should be an interesting measure of the Park Slope market. The 1,100-square-foot pad traded for $785,000 in early 2007. It’s now back on for $829,000. We like everything about it except the kitchen. The floors and windows are particularly charming—and the exclusive roof rights are a nice kicker. We also like the fact that the monthly maintenance is only $533. How do you think it’ll fare?
156 Prospect Park West, #4R [Corcoran] GMAP P*Shark



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  1. The apartment is fine it just needs to be re configured.
    – take the w/d out of the bedroom, LOl, and make that more of the kitchen

    -the 8×8 bedroom, your kidding, with a window in the closet???

    it is a nice apartment, i just think an idiot did the layout.

  2. Wow, the uber-bulls are really trying to start 2010 with a kick. Again, could you guys please repeat what’s the rationale for paying 40K more than what the place sold for in 2007, when things are selling for 2005/04 prices in Manhattan and 2002 prices in the rest of the US? Oh, yeah, how forgetful of me: Park Slope is different! Meanwhile, there’s a similarly sized apt. one block away asking 695,000 (712 8th Ave. 3R) and a 30% bigger apartment 8 blocks north, with 2 baths and in an elevator bldg., asking 829,000 (401 8th Ave. #22) among many other examples. Do yourselves a favor and face it: if it sold for X in 2007 it’s now worth X-20% unless it has undergone a massive reno, and then, may still lose another 20%. Now, continue gushing about the potential roof deck and staged designer furniture, please.

  3. What kind of yard stick did the Corcoran broker use to get 1100sf out of this place? Even by generous estimates it’s not more than 900.

    This is why my favorite thing to bring to open houses is a measuring tape. Freaks ’em out.

  4. I’m in complete agreement, More4less.

    I’m just saying that just because someone wants to spend “only” 800K on an apartment in Brooklyn doesn’t mean they can’t afford a maid and have a ton of money that they just choose not to spend on that primary residence.

    I totally agree that no one buying this rather modest place is going to be hiring a live in maid, but that’s more because of the size and nature of the place than the price.

  5. 11217, squeezing a maid into a small 3 bedrm seems disjointed. a live-in maid is a reflection of lots of money so if one is going that route, buy a bigger place. This aint HK where live-in maid is cheap & prevalent.

    I own 2 places. one even has a decent size maid qtrs but I don’t plan to hire a live-in maid there cause money would be better used via buying a bigger place, hiring cleaning svcs, etc. bottom-line is it’s disjointed logic to hire a live-in maid for a tiny 2 bdrm

  6. “My neighbors own their 2 bedroom Park Slope apartment and have 2 other homes…a house in Florida and an apartment in Italy. ”

    11217;

    Sounds like those are neighbors you should be best friends with!!!!

    😉

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