Fully Restored Prospect West Two-Bedroom
Wading into unfamiliar territory, we take a look at this 2-bedroom co-op in a turn-of-the-century limestone overlooking Prospect Park. Given the restoration work done on the floors and, allegedly, the hardware, this place seems suited to someone partial to the brownstone aesthetic but uninterested in the headaches of home-ownership and with a preference for location…
Wading into unfamiliar territory, we take a look at this 2-bedroom co-op in a turn-of-the-century limestone overlooking Prospect Park. Given the restoration work done on the floors and, allegedly, the hardware, this place seems suited to someone partial to the brownstone aesthetic but uninterested in the headaches of home-ownership and with a preference for location over space. The apartment has 1,050 square feet of indoor space and private roof access. Interesting.
PPW Splendor [Betancourt]
Exterior looks great though and neighborhood is very scenic. Seems like the typical setting for a hollywood movie.
This is overpriced for a two bedroom…. Betancourt does not have the client draw for this place… Should be in the mid 700’s … not in SD #321 and building seems to be shabby
One major drawback to living on the top floor if this roof deck is common, not private, is that if other people are up there using it, even normal foot steps sound like elephants herding over your head. Seriously. I know because I used to have a deck that sat on the roof similar to this one (actually much better constructed than this one). Fortunately, mine was 100% private.
Otherwise, I absolutely love roof decks. I think they are far superior to backyards, unless of course, you have kids. Much more private, big open sky, lots of sun. Ahhh, those were the days.
I actually don’t think this is overpriced, unfortunately. Some friends of ours are selling their 2 bdr co-op for 800k – it’s a floor-thru w/roof deck and original details, but because it’s a regular brownstone converted to a co-op it’s definitely smaller than the one here.
The view would make a great vantage point for those of us who have trouble keeping young children in our sights on this particular playground! (and I know I’m not the only one – 9th st. playground is notorious for how easily kids can “disappear.”)
Yes, you are absolutely right. I took a second look: it is a playground. I confused it for the other side of the 9th street park entrance.
Also, in terms of “maintenance” I easily spend $15K-$25K per year maintaining and upgrading my bstone, which is already completely renovated. If it ain’t repointing, it’s new sidewalks, or redoing the garden, patching the roof, etc. So, $500-600K per month maintenance is like lunch money compared to owning a building. You either need a lot of time and skills or a fat checkbook to maintain a bstone, no matter what nabe it’s in.
I used to own a similar, but larger 3BR in one of those 4-story double-wide bstone apt bldgs, with a completely private roof deck in the same area. At least from the pictures and stats, I agree that this is vastly over-priced.
That said, you really can’t compare this to buying a building. Some people who can well afford buildings, would simply rather be in an apt. Sometimes I really wish I’d stayed put in my apt instead of going out buying a bstone. I’d have a ton more cash in bank, though not nearly as much paper appreciation.
I would have guessed $700K-ish, but what would I know about co-ops anymore.
Scanning 2 bdroom -over 1000sq ft Pk Slope coops for sale (and in contract) from Corcoran….on the surface this does seem somewhat high priced.
Yes does have outdoor space, but
not the PPW ritzy stretch (or bldg) .
Also no pics of kitch and bath make one suspect.
Coop maintenance includes the underlying real estate tax, which of course you pay with a house as well.