If you’re looking for a historic home with both character and modern upgrades at a great price, look no further than 279 Sterling Place #3C. This unit is part of the 22-unit co-op Public School 9 Annex, which is listed on the National Register of Historic Places. The brick, sandstone, and terracotta building was converted from a school to a residential co-op in 1989, complete with a shared courtyard and an elevator. Our Deal of the Week is a Prospect Heights studio with high ceilings, huge windows, and a sleeping loft.
Learn more about our Deal of the Week!
The price: $550,000
The median asking price for a home in Prospect Heights was $1.3 million this January, according to the StreetEasy Data Dashboard. That means our Deal of the Week is priced well below the median asking price for the neighborhood.
Buyers who put down a 20% down payment of $110,000 can expect to see monthly payments of $3,835. This includes a mortgage payment of $2,673 and maintenance fees of $1,162. Payments are also well below the median asking rent in Prospect Heights, which was $4,500 this January.
Why you’ll love it…
It’s hard not to be impressed by this unit’s super tall ceilings and expansive windows, which keep the space open and bright. The ceiling height is well utilized to help divide the studio into individual spaces, from the foyer to the kitchen to the sleeping loft. Hardwood floors are found throughout, except in the bathroom which has black-and-white tile.
Upon entering the unit, you’ll step into a foyer with two doors: one leading to a closet, the other to the bathroom. The foyer then opens up into the main living area, which is large enough for both a dining table and a couch or sectional. Up the wooden stairs is the sleeping loft, which has ample room for a queen bed. The loft is open to the living area, which means it’ll get great natural light — a plus for those who like waking up to the sun.
The galley-style kitchen is separated from the main living area and includes a dishwasher, full-size oven and range, and refrigerator. White cabinetry provides plenty of storage space.
While the building is historic, it does have an elevator, and pets are permitted with board approval. One of the best things about the building is its location, which is right by the 2, 3, B, Q, and C trains and feet away from Grand Army Plaza. Prospect Park, the Brooklyn Museum, the Brooklyn Public Library, and the Brooklyn Botanic Garden can be found on the surrounding blocks. You’re also close to a host of eateries and bars like Ozakaya, Tom’s Restaurant, Franklin Park, Sofreh, and Miriam nearby.
…And why you might not
Of course, a sleeping loft isn’t everybody’s cup of tea, but it helps divide up the studio’s space. The stairs leading up to the loft are pretty steep, looking more ladder-esque than anything. Lastly, there’s only one closet in the apartment. But if you’re willing to make those concessions to own a piece of history in a stellar location, be sure to check this one out!
Check out the listing at 279 Sterling Place #3C, listed by Jason Abrishami and Jerry Minsky of Douglas Elliman.
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