Looking for a Brooklyn 1-bedroom for under $500K? We’ve got just the one for you — and it’s got several closets and an in-unit washer/dryer. Our Deal of the Week, 566 Prospect Pl. #3C, is a Crown Heights 1-bedroom co-op decked out in gorgeous hardwood floors and exposed brick walls, located just a few blocks from the Brooklyn Museum and Brooklyn Botanic Garden.
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Learn more about our Deal of the Week!
The Price: $460,000
The median asking price for a home in Crown Heights was $1.2 million this January, according to the StreetEasy Data Dashboard. That puts our Deal of the Week at under half the median asking price for the neighborhood!
Buyers who put down the 20% minimum down payment of $92,000 can expect to see monthly payments of $2,991. This includes a mortgage payment of $2,500 and a maintenance fee of $491, super low by NYC standards!
Why You’ll Love It…
Enter this unit via a foyer/hallway complete with a closet, perfect for coats, shoes, and anything else you need to grab on your way out the door. Storage-wise, there are two more closets in the bedroom, while the kitchen boasts ample cabinetry in addition to some chic open shelving. Also in the kitchen? An in-unit washer/dryer, so you won’t have to worry about taking your laundry up and down the stairs. The kitchen is also windowed and features walnut countertops and white subway tile backsplash, as well as stainless steel appliances.
The bathroom also has its own window, and uses the same white subway tile on the walls as the kitchen. The slate tile flooring and waterfall showerhead provide a sophisticated and spa-like feel.
Meanwhile, the living room is spacious enough to include a dining area, and is bathed in light thanks to its oversized window. Plus, this room has an exposed brick wall for a rustic feel without being too industrial.
Located in a well-maintained co-op building, the unit comes with a large private storage unit in the basement as well as shared bike storage. (We should reiterate that the monthlies are under $500!) The building is just a few blocks from the Brooklyn Museum, Brooklyn Botanic Garden, and Prospect Park, so there’s something to do all year-round. There’s also a slew of nearby restaurants such as Chavela’s, Franklin Park, Barboncino Pizza, and Cornbread Brooklyn. When you want to get out of the neighborhood, the Franklin Avenue Shuttle (S train) is a block away, and the 2, 3, 4, and 5 trains are just a few more blocks away.
…And Why You Might Not
This unit is on the third floor of a walk-up building. As far as pets go, the building allows cats, but not dogs. It also appears that the washer/dryer is in place of a dishwasher on the floor plan, so it’s a question of which feature you value the most.
But if you’re looking in the Crown Heights/Prospect Heights area for a 1-bedroom with low monthlies, be sure to check this one out!
Check out the listing at 566 Prospect Pl. #3C, listed by Jana Welch of Compass.
Find more NYC homes under $500K on StreetEasy