Cobble Hill is home to classic Brooklyn brownstones and quiet, tree-lined streets, which makes it a popular choice for anyone looking for a more laid-back lifestyle with easy access to Manhattan. It’s also an expensive choice. But there are deals to be found, like this charming 1-bedroom at 251 Pacific St. #2 for $459,000, which makes it our Deal of the Week.
The Price: $459,000
According to the latest StreetEasy Market Report, the median sales price for an apartment in Cobble Hill is $1,350,000, which makes our Deal of the Week a fraction of the cost of what apartments are selling for in this neighborhood.
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Buyers who pay the minimum 20 percent down payment of $91,800 can expect to see monthly payments of around $2,425. This includes a mortgage payment of $1,821 and a maintenance fee of $604.
Why You’ll Love It…
Hardwood floors flow throughout the apartment, which features an open floor plan. Two windows in the living area let in plenty of light, and are trimmed with original detailing from the 1914’s building.
The updated kitchen is open to the living room and has plenty of great features, including a De’Longhi gas range, new fridge, dishwasher, and Silestone countertops. The bathroom has also been recently renovated with Silestone countertops.
Three closets, including a walk-in closet in the bedroom, provide lots of storage. In addition, there are built-ins in the bedroom. Additionally, the apartment has a new smart AC unit, plus triple-paned windows.
The apartment is located in a 25-unit building with storage and bike room available, plus a shared rooftop deck. There’s a pet-friendly policy in place as well. Location-wise, the apartment is right near Smith Street (aka Restaurant Row), Trader Joe’s, and Sahadi’s. There are several gyms nearby and the Brooklyn Bridge Park is about a half-mile away. There are also plenty of trains less than 0.4 miles away, including the F, G, 2, 3, A, C, R, 4 and 5.
… And Why You Might Not
There aren’t any subletting or pied-à-terre policies listed, but be sure to ask the broker for clarification. Additionally, the building doesn’t have an elevator, but seeing that this apartment is unit #2, there shouldn’t be many stairs to climb. And, as always, a 1-bedroom at this price won’t be super spacious. But for those looking for a starter home in a great neighborhood, this one is worth a closer look.
Check out the listing at 251 Pacific St. #2, listed by Sascha Beicken of Halstead Brooklyn.
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