Is there anything better than living near Brooklyn’s backyard: Prospect Park? How about living near Prospect Park in a brownstone — for under $1 million? Take a look around Prospect Heights and you might find a unit that can make that dream a reality. For example, 207 Park Place #1FE, our Deal of the Week. This 1-bedroom in the heart of Prospect Heights is brimming with vintage charm and character.
Learn more about our Deal of the Week!
The price: $799,000
The median asking price for a home in Prospect Heights was $1.3 million this August, according to the StreetEasy Data Dashboard. That means our Deal of the Week is priced below two-thirds of the neighborhood’s median asking price.
Buyers who put down a 20% down payment of $159,800 can expect to see monthly payments of $4,951. This includes a mortgage payment of $4,211 and maintenance fees of $740: fairly low by New York City standards.
Why you’ll love it…
With gorgeous mid-tone hardwood floors and 10-foot ceilings, this unit feels both open and timeless. In the living room, two large south-facing bay windows face the tree-lined street and let in lots of natural light. The windows were replaced in the last few years, ensuring great noise reduction and insulation. But thankfully, they still have the original wooden moldings, which add tons of character to the space. The decorative fireplace also has an ornate wooden mantle, tying into the prewar charm. It also has a built-in mirror and a tiled surround and hearth, which add a touch of uniqueness.
The living room is open to the kitchen, which features a large breakfast bar with seating for a couple of barstools. There’s lots of storage space thanks to off-white cabinetry both above and below the black countertops. The kitchen offers a suite of stainless steel appliances, including a full-size fridge and oven and a mounted microwave. And the cherry on top: a dishwasher!
Through a pocket door in the kitchen you’ll find the bedroom, which features another large window, a sizable closet, and an en-suite bathroom. Also windowed, the bathroom is decked out in black-and-white vintage tile with original details, plus a mirrored medicine cabinet and pedestal sink.
This unit is situated in a classic Brooklyn brownstone complete with a bike room and additional storage space. The pet-friendly building also has a communal garden for residents to enjoy. Location-wise, it’s just two blocks Grand Army Plaza and Prospect Park, making one of NYC’s largest parks your backyard. The Brooklyn Public Library Central Branch and the Brooklyn Museum are just down the way, in addition to a slew of great restaurants, cafes, and bars on nearby Vanderbilt and Flatbush Avenues. The building is right off the B and Q at 7th Avenue, and the 2, 3, and C trains are also nearby.
…and why you might not
The unit doesn’t appear to have laundry, but a laundromat is located just around the corner. Not everyone will be a fan of the classic radiator heating, or the lack of closets outside the bedroom. But if location and character are at the top of your must-have list, this one definitely checks those two boxes!
Check out the listing at 207 Park Place #1FE, listed by Susan Molloy of Compass.
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