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Located on Willoughby Street between Fort Greene Park and Flatbush Avenue, University Towers was originally built as rental apartments but went co-op in the late 1980s. The building boom around it in Downtown Brooklyn has to bode well for prices of the 549 non-descript but reasonably-sized apartments in the three-building complex. This two-bedroom co-op is now on the market for $560,000, compared to a similar one that was priced at $530,000 earlier this year. Another comp: A 750-square-foot one-bedroom sold earlier this fall for $340,000, or about $450 a foot. A lot cheaper than the Oro!
191 Willoughby Street [Brown Harris Stevens] GMAP
Co-op of the Day: University Towers 2 Bedroom [Brownstoner]


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  1. My apartment is the one that was referenced above which was listed earlier this year at $530k. We ended up selling it at our ask price back in September (it took us four months to find a buyer, which in the current climate isn’t so bad). We spent about 30K on renovations on our place (hardwood floors, new appliances, granite countertops, etc). Looks like the only updating in the listing above is a new paint job. If they can get 560K, good for them!

  2. The apartments are very nice inside – with far more closet space and privacy then I’ve seen in some of the newer condos. Obviously they weren’t built as “luxury” but as affordable. I don’t think they are as attractively situated as the Clinton Hill Co-ops, which they probably compete with. For the longest time they have provided affordable housing for postal workers, teachers, working artists.

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