Co-op of the Day: 75 Prospect Park Southwest 3 BR
Today’s co-op at 75 Prospect Park Southwest is a big ole apartment, weighing in at over 1,500 square feet. And a family-sized place (this could easily have four bedrooms—check out the floorplan on the jump) in a prewar building like this is hard to come by in Windsor Terrace. Or Park Slope, for that matter….
Today’s co-op at 75 Prospect Park Southwest is a big ole apartment, weighing in at over 1,500 square feet. And a family-sized place (this could easily have four bedrooms—check out the floorplan on the jump) in a prewar building like this is hard to come by in Windsor Terrace. Or Park Slope, for that matter. This is an attractive building but hardly a Bing and Bing so it’s hard to know what to make of the $1,200,000 asking price, especially when nothing has sold anywhere near that price in the building. (We suspect that most of the apartments are a good deal smaller. This was probably combined at some point.) It’s hard not to like the park location either. So is $800 a foot a realistic price for this? The listing says that the owner “will consider all bona-fide offers” so maybe there’s some wiggle room.
75 Prospect Park SW [Orrichio Anderson] GMAP P*Shark
Photo by Kate Leonova for Property Shark
It’s been for sale for a long time. Its overpriced by at least 30%.
Also, it goes without saying it will be worthless after Atlantic Yards is built.
Ditto on the nonsensical nature of the comment about that stretch being ‘ghetto’– it’s busy, with busses mostly, but peaceful, and that particular spot of the park is particularly lush and green…
Jiminy! God!
seriously, if you spend a mil somewhere you want someone doing your laundry for you in your house.
1. “that strip before the ballparks” is actually NOT ghetto, 12:56; That comment is beyond dumb…
2. It’s definitely overpriced – even if it were mint with modern baths and kitchen, this ask would be a stretch. 900k would probably get some real offers…
3. That said, its a great amount of space…I would remove the wall between the living room and sitting room to make the place feel more wide open. You could always do an oversized pocket-door wall somewhere else in between those rooms if you felt you had to have a fourth “sleeping area” or bedroom, for an occasional guest, etc.
The thing that will sell this place is the size and great exposures. If it is true that no laundry is allowed in the unit, that would be a notable demerit, though. People spending a mil don’t want to trek down to the basement to fetch their clothes; I wouldn’t anyway.
According to Streeteasy a four bedroom, two bath listed at $1.2 million, at this address has been sitting on the market since 12/12/2006
http://tinyurl.com/29vh5e
I think this is the same one that Caldwell Banker has had listed for months (and months). I saw some photos, and they were pretty scarey–full gut reno. You do get the space though.
They are absolutely barking mad.
Just the fact that the entrance is overgrown with weeds tells me that this building might be a little sketchy. If they can’t maintain the public spaces, what’s the maintenance fee for?