If you’re looking to buy in New York City, now’s a great time. Many neighborhoods have seen dramatic price drops since the pandemic, even some highly sought-after areas. That includes Fort Greene, nestled between Downtown Brooklyn and Clinton Hill with a perfect mix of new developments and old-school Brooklyn charm. The median asking price here has dropped about $500,000 in the last year. If you want to get in on the action, check out our Deal of the Week. This Fort Greene 2BR, 431 Clermont Ave. #2, boasts the amenity New Yorkers want above all else: in-unit laundry.
The Price: $675,000
The median asking price for a home in Fort Greene is $1.3 million, according to the StreetEasy Data Dashboard. That puts our Deal of the Week at around half the average price for the neighborhood.
Buyers who put down the 20% minimum down payment of $135,000 can expect to see monthly payments of $2,991. This includes a mortgage payment of $2,306 and a maintenance fee of $685 (quite low by NYC standards!).
Why You’ll Love It…
Talk about best of both worlds. This Fort Greene 2BR is set in a gorgeous, classic brownstone built in 1931. But the apartment itself has been updated with all the modern necessities. For example, the kitchen features sleek black granite countertops and new stainless steel appliances, including a dishwasher. There’s also storage galore, with cabinets that go all the way to the ceiling.
In addition, check in-unit laundry off your list: There’s a washer/dryer in the bathroom. And that’s not the only impressive fixture in this über-updated bathroom. That prize is reserved for the walk-in spa shower, complete with a bench and a rainfall showerhead. Bliss.
In the living area, you’ll find a working wood-burning fireplace: the epitome of charm and function. The built-in storage is also a huge plus, as are the generous east-facing windows. The primary bedroom is bright and spacious, with a smaller (but still nicely sized) bedroom adjacent.
Finally, our Deal of the Week is very centrally located. It’s conveniently close to Atlantic Terminal and subways, and about halfway between Grand Army Plaza and Fort Greene Park. There are loads of restaurants, cafes, and bars nearby as well.
Brooklyn Homes Under $750K on StreetEasy Article continues below
… And Why You Might Not
The second bedroom of this Fort Greene 2BR is currently accessed via the primary bedroom. This makes it better fit for an office or den than a bedroom. But changing the layout of the hallway and doors would be an easy fix, as depicted in the alternate floor plan on the listing. And, sadly, there’s only one closet in the whole apartment. It’s well located in the main bedroom, but you might have to get creative with storage solutions for coats, cleaning supplies, and other items.