Clinton Hill is becoming more and more popular these days: The median asking price for a home went up 28 percent in the last year alone. There are plenty of reasons why the neighborhood is so desirable, like easy transportation into Manhattan,, lots of park space and historic architecture. But that doesn’t mean there aren’t any steals left! Take our Deal of the Week, for instance: 345 Clinton Ave. #15G is a newly renovated Clinton Hill 2BR co-op with ample space, great views and a prime location.
The Price: $705,000
The median asking price for a home in Clinton Hill is $1.1 million, according to the latest StreetEasy Market Report. That puts our Deal of the Week at about $300,000 under the median for the neighborhood.
Buyers who choose to put down the minimum 20% down payment of $141,000 can expect to see monthly payments of $3,718. This includes a mortgage payment of $2,725 and a maintenance fee of $993.
Why You’ll Love It…
This apartment has been totally renovated, and because it’s the sponsor unit, you won’t need board approval. In addition to hardwood floors, there are plenty of large windows, making the space feel bright and airy throughout. The kitchen has a pass-through, eat-in breakfast bar, white oak cabinetry with lots of storage space, stainless steel appliances (including a dishwasher) and Caesarstone countertops, creating a sleek look while also being super functional. The master bedroom boasts two oversized windows and a huge closet; the second bedroom is smaller but also has two large windows. And the marble-tiled bathroom features a rainfall showerhead and a soaking tub, providing the best of both worlds.
The apartment is part of a five-building co-op complex in Cobble Hill’s historic landmark district, with common laundry, bike storage, available garage parking and 24-hour security. It’s near several small parks and just a few blocks away from the larger Fort Greene Park and its farmer’s market. DeKalb Avenue’s many restaurants are also just a block away, and the G and C train are both within easy walking distance.
Fort Greene & Clinton Hill 2BRs Under $1M Article continues below
… And Why You Might Not
The second bedroom here is awkwardly located — you have to pass through the kitchen to get to it, meaning it was probably originally meant to be a dining area. (There’s a reason why the listing says it would be best used as a guest room or an office!) It also does not have a closet, so if you want to use it as a full-time bedroom, you’ll have to get a little creative with storage solutions. But for this much space in a great area, asking well under the neighborhood median price, this listing certainly stands out.
Check out the listing at 345 Clinton Ave. #15G, listed by Cecilia Brignole of Time Equities.
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