Hey, Something Sold!
Here’s a refreshing ray of light in what has been a pretty bleak few months of real estate news: Apartment #3 at 210 Berkeley Place in Park Slope, which came onto the market for $599,000 in late September just days after the collapse of Lehman Brothers, closed just before Christmas for $592,500; the two-bedroom floor-through…
Here’s a refreshing ray of light in what has been a pretty bleak few months of real estate news: Apartment #3 at 210 Berkeley Place in Park Slope, which came onto the market for $599,000 in late September just days after the collapse of Lehman Brothers, closed just before Christmas for $592,500; the two-bedroom floor-through has a maintenance of $525. (Floorplan on the jump.) In fact, it looks like it went into contract in less than three weeks on the market. Any other anecdotes like this?
210 Berkeley Place [Corcoran] GMAP P*Shark
It doesn’t even have a full-sized refrigerator in the tiny kitchen — and there are no laundry facilities. It is pretty but more likely for a single person who eats out all the time. This is not a family apartment!
no a cup of coffee at ozzies (well iced cuz i like iced) is 2.75 (which really isnt bad) but it’s served with attitude when you dont put that quarter in their tip jar hahaha. give me a perky starbucks barista anyday. (i cannot for the life of me actually believe i just typed that) dont hate me! hahah.
maybe i didnt go to the right park of prospect park? i dont know i just walked into it and kept walking til i found a lake. i wanted to see what the lake was like. it was kinda gross and the ducks looked sad. sorry i just was not impressed. but then again im not a nature person so parks in general just dont do it for me.
*rob*
Really 11217? “awesome post”? I think that was about the most banal post I’ve ever read.
Tyburg6 –
I don’t find it depressing, exactly, but it *is* frustrating. My wife and I have set our drop-dead max for a condo/house at $500k, even though we can technically afford a lot more. We pay careful attention to our money, and we’re not interested in being house-poor.
I look at this apartment, and it’s lovely, but it sold for almost $100k more than we are willing to pay … AND there’s no way we could fit in that little space anyway, since we both work from home and need office space. We live in and love Park Slope but we’ve given up even looking here because it’s just not going to happen.
Thus my recent interest in Bed Stuy and Flatbush, where prices are still insane by normal people’s standards, but not by Brooklyn’s.
That’s over $800 a square foot. WOW! Location, Location, Location.
Sorry, I should have said that $474,000 is after putting 20% down…NOT 10%.
I’ve never heard ANYONE say they weren’t impressed by Prospect Park. Even the designers of the park (who also designed Central Park) considered it their masterpiece. When I bring friends out from Manhattan, we always end up at Prospect Park, and people are always struck by it’s beauty, in my experience. It’s very natural for a park…you can almost forget you’re in the city for a minute.
It’s one of the most beautiful urban parks in the United States, in my opinion. And I’ve seen quite a few.
And there are plenty of nice, inexpensive restaurants nearby, although personally I tend to cook a lot. Olive Vine, Roma Pizza, Mr. Wonton….the list is endless…
A cup of coffee at Ozzie’s is $1.50
Even assuming that the 2nd bedroom is tiny and without a window, i think this was a good deal for the buyer. Its an excellent location which in the end means more than an additional 200 sq ft or terrace balcony u can get at other newer condos in less desirable nabes.
Tyburg6:
Part of the problem is that your math is off. Very off.
After putting 10% down, the mortgage remaining is $474,000.
With today’s mortgage rate, that works out to $2581.00 a month mortgage with $525 maintenance bringing your monthly total to $3106.00 per month.
I know people who pay that to rent a 1 bedroom in Manhattan.
And we haven’t even factored in the interest deduction which brings this closer to 2600 or 2700 a month to own a 2 bedroom apartment on one of the loveliest streets in one of the loveliest neighborhoods in Brooklyn.