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]
Appraisers are only allowed to compare similar properties within a 1 mile radius and preferrably within the same neighborhood. There are exceptions of course. But for the most part, you are looking at how this apartment stacks up with other comparable apartments in Park Slope. It’s a moot point if you’re buying all cash. But if you’re going with a mortgage then the banks are going to compare the apt to others that have sold in the neighborhood within the last year.
So anon 12:52, I’m curious about your post, and wonder why you think a comparison to Heights of Cobble Hill is not feasible? I often wonder if the advantages of each nabe cancel each other out in pricing models. IE, Cobble Hill advantages are more intimate nabe, and close to Manhattan, while Park Slope’s advantage is the park, and, well, the park. What do folks think?
Language filter please. 1:04 comment which may have sound cute or flip in person is really aggresive in print.
why don’t you get off your lazy ass and call the broker to set up an appointment to see the kitchen and bath. Or send him/her an email requesting the pictures and then send them to Brownstoner.
photos needed of the kitchen and baths!
you can’t compare apartments in Park Slope to those in Brooklyn Heights or Cobble Hill. That appraisal wouldn’t work. It’s overpriced for Park Slope.
well since you so darn good in putting this HOTD (even though this isn’t even the HOTD) quagmire into perspective, why don’t you tell us how the price measures up compared to “prime heights” or wherever else?
I totally agree with Anon at 12.37. Also, while it is pretty expensive, it is directly across from the Park.
Like so many HOTDs, here, Bstoner posts a house in Park Slope and people say, “I’d rather get more for my money in Lefferts” (or wherever). Or posts a hous in Lefferts and someone says, “I’d never live there. I’d rather live in less space in Park Slope.”
Fine. Whatever. A chacun son gout. But totally irrelevant to whether this place is overpriced.
Somebody who wants to live in this apartment does not want a house in any neighborhood where they could buy one for $865K. Question is how is it priced compared with other PPW apts, or prime Heights or Cobble Hill, etc.