For buyers looking for a starter home in New York City, a two-bedroom for $750K in family-friendly neighborhood is reason to get excited – or at the very least send your signifcant other an all-caps email, subject line “IS THIS THE ONE???”
So it’s an auspicious day when two different two-bedrooms listed for $750K (or less) come on the market.
Today, two promising-looking listings popped up, one two-bedroom at 404 3rd Street in Park Slope listed for $750K and another two-bedroom at 50 Carroll Street in the Columbia Street Waterfront District listed for $745K. How do the two stack up and which would you chose? See a breakdown of the pros and cons of each below.
$745K Two-Bedroom 50 Carroll Street
Pros
- The living room is large and offers views of the Manhattan Skyline
- The kitchen and bathroom offer all new appliances
- The two bedrooms are large
- There is plenty of storage space and walk-in closets
- The common charges and taxes are low, $520/month and $196/month, respectively
Cons
- The listing doesn’t offer a floor plan
- The Columbia Street Waterfront District (aka no man’s land between Carroll Gardens and Red Hook) is F-A-R from the subway – half a mile walk – and slightly isolated by the BQE
- The exterior of the building gives off a pre-fabricated, suburban development feel
$750K Two-Bedroom at 404 3rd Street
Pros
- The building is zoned for PS 321
- The maintenance fees are low at $549/month
- The kitchen and bathroom have been recently renovated
- The apartment building is on a prime Park Slope block
- The living room offers exposed brick walls
- There’s a shared roofdeck with views of Manhattan
Cons
- It’s a fourth-floor walkup
- The bedrooms are small
- The bedrooms look out onto the interior shaftway
- The kitchen, dining and living area all share the same space
- There is no washer-dryer in unit
Both of these options are good, if not great, but have their drawbacks. What would you chose? Prime Park Slope real estate and zoning in exchange for smaller living quarters? Or more space at a more remote location? Both have open houses this weekend. Go and do some field research and make the call yourself!
Related: