Studios have a reputation for being cramped, shoebox-esque slices of New York City. But some of them, like 160 Columbia Heights #8D, have ample space, unique features, and great amenities. Our Deal of the Week is a gorgeous Brooklyn Heights studio with a sunken living area, located in an elevator building mere feet from the Brooklyn Heights Promenade and Brooklyn Bridge Park.
Learn more about our Deal of the Week!
The Price: $425,000
The median asking price for a home in Brooklyn Heights was $2.3 million this September, according to the StreetEasy Data Dashboard. That puts our Deal of the Week’s price at less than a fifth of the median asking price for the neighborhood!
Buyers who make the 20% minimum down payment of $85,000 can expect to see monthly payments of $3,571. This includes a mortgage payment of $2,469 and a maintenance fee of $1,102. It’s also far below the median asking rent in the neighborhood, which was $4,500 this September.
Why You’ll Love It…
Although this apartment is a studio, it has several separate areas, including a foyer with a closet and a mostly walled-off kitchen with a dishwasher and window. There’s even a dressing area on the opposite end of the living space, complete with two closets and an entrance to the windowed bathroom. All windows in the unit face south, so you’re guaranteed great light throughout the day.
The living area is also divided into two parts by two steps, creating a “sunken” space. The raised area has bar seating connected to the kitchen, plus room for a dining set or desk, while the sunken area can easily fit a bed and living furniture. You’ll also find a gorgeous oversized window with stained glass detailing in this area.
Of course, there’s more to consider than just what’s inside the apartment. It’s found in a pet-friendly elevator building with a part-time doorman, bike room, laundry facilities, and live-in super. Pied-à-terres are also permitted with board approval.
The 2, 3, A, C, R, 4, and 5 trains are all easily accessible from the building. If you prefer to travel by ferry, you can do so at the nearby Fulton Ferry Landing, also known as the DUMBO stop. However, you won’t have to leave the immediate area to see and do great things. The Brooklyn Heights Promenade and Brooklyn Bridge Park are just steps away, and there are plenty of eateries and boutiques on the surrounding streets.
…And Why You Might Not
The Brooklyn-Queens Expressway right behind the building might add some noise. And while the kitchen might be separate from the living area, it doesn’t have a ton of counter space. Still, if you’re looking for a studio in the coveted Brooklyn Heights neighborhood, this price is surely hard to beat!
Check out the listing at 160 Columbia Heights #8D, listed by Coco Dorneanu of Argo Residential.
Find more NYC homes under $500K on StreetEasy