prospect park 1-bedroom

When looking for a 1-bedroom apartment in New York City, it might seem natural to start small. But our Deal of the Week proves that you can have it all: enough space to spread out, great amenities, and a stellar location too. In Prospect Lefferts Gardens, 125 Ocean Ave. #2G is a huge Prospect Park 1-bedroom directly across the street from the park for a fraction of the average neighborhood price. Think big!

The Price: $569,000

The median asking price in Prospect Lefferts Gardens is $1,044,000, according to the latest StreetEasy Market Report. That puts our Deal of the Week at about half the neighborhood median, and right on par with the overall Brooklyn 1-bedroom median of $550K.

Buyers who put down the minimum 20% down payment of $113,800 can expect to see monthly payments of $3,343. This includes a mortgage payment of $2,694 and a maintenance fee of $649 (which is low by NYC standards).

Why You’ll Love It…

When we say spacious, we’re not kidding: This Prospect Park 1-bedroom offers more than 1,000 square feet of living space! The foyer entry impresses with two custom California closets. The steps down to the gracious sunken living room boast the original 1930s wrought-iron railings. At the other end, you step back up to a separate dining room that would also make an excellent home office space.

In the kitchen, handmade floor tiles and a wood-beamed ceiling make a statement. The enormous bedroom has soundproofed windows and a wide walk-in closet. And next to it, the bathroom has a soaking tub with a glass shower enclosure.

This co-op building is directly across the street from Prospect Park, near the lake, boathouse, and concert grove pavilion. Countless restaurants and bars are nearby on Flatbush Avenue, and transportation is easy with the B and Q trains a quick walk away.

Brooklyn 1BRs Under $750K on StreetEasy Article continues below

… And Why You Might Not

Of course, nothing can be perfect. The bedroom window is small for such a sizable room, so there doesn’t seem to be much natural light there, and the black-trimmed vintage vibe of the bathroom may not be to everyone’s taste. Additionally, though it’s only a couple of steps down and back up, the sunken living room is not ideal for anyone with mobility issues.

Check out the listing at 125 Ocean Ave. #2G. See the listing for a virtual tour, and contact  listing agent Laura Hess of Corcoran for more details.

Inspired to find your next place in New York? Whether you’re looking to rent or to buy, search NYC apartments on StreetEasy.