Co-op of the Day: 75 Prospect Park West, #2B
This co-op that just hit the market at 75 Prospect Park West shouldn’t have any problem attracting interested buyers: It’s got lots of classic charm and three bedrooms to boot. It’s also located right across the street from the 3rd Street entrance to the park. (We’re also digging the oh-so-subtle 321 reference: “Stroll down 3rd…
This co-op that just hit the market at 75 Prospect Park West shouldn’t have any problem attracting interested buyers: It’s got lots of classic charm and three bedrooms to boot. It’s also located right across the street from the 3rd Street entrance to the park. (We’re also digging the oh-so-subtle 321 reference: “Stroll down 3rd Street to an ever popular elementary school on 7th Ave.”) The price tag is $1,095,000. Think it’ll fly?
75 Prospect Park West, #2B [Corcoran] GMAP P*Shark
I can tell you that buying a million dollar apt (or thereabouts) definitely does NOT mean you forego public school! That said, while this apt looks nice, 2nd floor is not great, and at that price, it should have private outdoor space, which it does not. I say the buyer will want to avoid mansion tax so this goes under a mil. Also – where is square footage info?
“I know many parents who own 3 million dollar brownstones who send their kids to PS. 321.”
Absolutely true. Not everyone who can afford to send their kids to private schools does so, especially not when a well reputed public school is an option. Some parents have reasons other than money for why they choose public over private school.
Love it, has kitchen window, has bathroom window, this is a layout that is liveable.
Finally, something good….The designers of today should take note of how apartments were designed way back when, they certainly knew what they were talking about.
Moreover, a huge reason why people move to Park Slope in the first place and pay a premium is to utilize the great public schools. Of which there are more than only 321.
2nd floor living is no fun. everyone can see what you’re watching on tv and what you’re wearing when you go to raid the fridge in the middle of the nite.
therefore the “reasonable” price
Valuing a good public school education (which PS. 321 is) over a private one has NOTHING to do with how much money you have.
I know many parents who own 3 million dollar brownstones who send their kids to PS. 321.
I totally disagree, Lesloaf. And know for a fact that you are incorrect.
lesloaf, many of us used to thing like that until we accepted the warped reality that even garbage 1-bdrm aptmts cost over 500k so 1M can get one much – ie the 500k income just doesnt go that far in NYC and public school is all one might be able to afford after buying that 3 bdrm pad
“If you have over a million dollars to spend on an apartment, you are not sending your kids to 321.”
That’s a pretty odd and factually incorrect statement. PS 8 in Brooklyn Heights, PS 21 in Cobble Hill, PS 321 in Park Slope and many other public schools (think about Manhattan too) are filled with parents who own apartments in excess of $1MM.