Downtown Brooklyn has lots of perks, from its close proximity to Manhattan to its abundance of shops, restaurants, and parks. Not as appealing are the price tags. There are still some great deals in the neighborhood, though, if you’re willing to look beyond the flashy new-construction condos. And lucky for you, we are! Our Deal of the Week is a super-sunny Downtown Brooklyn 1BR at 225 Adams St. #2F, in the popular Concord Village co-op complex.
The Price: $525,000
The median asking price for a home in Downtown Brooklyn is $1.2 million, according to the StreetEasy Data Dashboard. That puts our Deal of the Week at less than half the median asking price for the neighborhood!
Buyers who put down the 20 percent minimum down payment of $105,000 can expect to see monthly payments of $2,783. This includes a mortgage payment of $1,816 and a maintenance fee of $967.
Why You’ll Love It…
A kitchen can make or break an apartment, can’t it? We’ve gotta say, the one in this Downtown Brooklyn 1BR really succeeds. The space is open to the living room but delineated by a cute breakfast bar. White subway tile and a wide window make the space feel super bright and cheerful. Plus, there’s lots of storage and a dishwasher, in addition to other full-size stainless steel appliances.
This unit is also smartly laid out. You enter through a proper foyer complete with a large coat closet — one of four closets in the apartment. The living room and bedroom are both sizable and boast corner windows that bring in lots of sunshine. There’s even a cozy nook in the bedroom that makes the perfect spot for a yoga mat or a Peloton. (Otherwise known as your new home gym!)
The reasons to love this Deal of the Week don’t end with the unit itself, though. The co-op is also stellar. This seven-building complex has so much green space it’s basically like a park. It even has its own dog run. The elevator building also offers a rooftop deck, bike storage, laundry facilities, and parking.
Brooklyn Homes Under $650K on StreetEasy Article continues below
… And Why You Might Not
Everything has its flaws. While this Downtown Brooklyn 1BR is in a parklike setting, and also near a few other parks, it’s also very close to the BQE and the Brooklyn Bridge. So traffic and street noise could be a concern. In addition, you might not like the column in the middle of the kitchen. It does break up the flow a bit, but it shouldn’t get in the way too much.
Check out the listing at 225 Adams St. #2F, and contact a StreetEasy Expert on the listing for more details. (StreetEasy Experts are agents with proven experience in a particular building or area.)
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