Park Slope may have landed among the top 10 most expensive NYC neighborhoods last year, but that doesn’t mean there aren’t good deals in the neighborhood. That’s why this penthouse apartment at 427 15th St. #4C, which is located just two blocks away from Prospect Park and has its own private roof deck, is our Deal of the Week.
The Price: $775,000
According to the latest StreetEasy Market Report, the median asking price for an apartment in Park Slope is $1,360,000. That puts our Deal of the Week at a little more than half the median asking price for the neighborhood.
Buyers who pay the 10 percent minimum down payment of $77,500 can expect to see monthly payments of around $4,236. This includes a mortgage payment of $3,534 and a monthly maintenance fee of $702 — not bad by New York City standards.
Why You’ll Love It…
Beyond the foyer, which contains a coveted coat closet, and the first thing you see is the gorgeous, renovated kitchen. It features new custom millwork, marble counters, stainless-steel appliances, and a spacious breakfast bar that separates the kitchen from the living room.
The windowed spa bathroom has heated floors in addition to new Toto fixtures and a rain shower head. The two bedrooms are also both windowed and each have closets, making this a true 2-bedroom apartment. While the second bedroom is currently staged as an office, it would also make a good children’s room or guest room.
But the pièce de résistance is the private rooftop terrace, perfect for entertaining, hanging out or soaking up some rays in the summer time. Whatever you want to do with it, it’s all yours.
Location-wise, this place is hard to beat. It’s just two blocks away from Prospect Park, near the bandshell, Bartel-Pritchard Square, and Long Meadow Ballfields. The F and G trains are both a short walk away, as are great restaurants, delis, yoga studios, and more. Plus, the apartment is in a pet-friendly, prewar co-op, with a bike room, laundry room, and allocated storage space.
… And Why You Might Not
There aren’t any clear subletting, co-purchasing, or pied-à-terre policies in place for this apartment, so you would need to drill down with the listing agent and building to get clear answers. Additionally, this penthouse apartment is at the top of a four-story building that does not have an elevator. But if you’re willing to commit and put in some extra steps, this is the place for you.
Check out the listing at 427 15th St. #4C, listed by Jessica Levy Buchman of Corcoran.