Park Slope is one of the most expensive neighborhoods in Brooklyn, alongside DUMBO, Brooklyn Heights, Boerum Hill, and Carroll Gardens. But this coveted neighborhood does offer a wide variety of housing stock, including some stunning prewar options like 670 President St. #1C — at a fraction of the price you may expect. Our Deal of the Week is a charming 1-bedroom in Park Slope with modern upgrades like mini-split A/C and a dishwasher.
Learn more about our Deal of the Week!
The price: $795,000
The median asking price for a home in Park Slope was $2 million this January, according to the StreetEasy Data Dashboard. That means our Deal of the Week is well below the median asking price for a home in the neighborhood!
Buyers who put down a 20% down payment of $159,000 can expect to see monthly payments of $4,716. This includes a mortgage payment of $3,916 and maintenance fees of $800.
Why you’ll love it…
Upon entering this unit through a long hallway foyer, you’ll be greeted by 10.5-foot ceilings, hardwood floors, and curved archways. The living area features parquet floors with border inlays, plus an exposed brick wall. Built-in shelving frames the double-wide windows in this room, creating a perfect spot for books, board games, plants, or knick-knacks. The space feels timeless, but has been updated in all the important ways — for example, there’s split-system air conditioning to keep you cool in the summer months.
And speaking of modern upgrades, you’ll find even more in the kitchen. This windowed room features a new suite of stainless steel appliances, including a dishwasher, oven, mounted microwave, and fridge. A breakfast bar offers seating for up to two people, and an arched pass-through window makes the room open to the living area.
The bedroom has the same parquet hardwood floors as the living room, as well as a large west-facing window. There are two closets outside the bedroom and bathroom, which has a west-facing window, vanity with drawers, and mirrored medicine cabinet.
This pet-friendly building is located close to the R, B, Q, 2, 3, F, and G trains for easy access to both Manhattan and Queens. Some of the best restaurants in Park Slope are on the surrounding blocks, including La Villa Pizzeria, al di la Trattoria, Union Hall, Bricolage, and Miti Miti. It’s also less than a mile from Grand Army Plaza and Prospect Park. To top it off, the building has both a bike room and laundry room, and the unit comes with a designated basement storage unit.
…And why you might not
Pied-à-terres are not permitted in this co-op. The building doesn’t appear to have an elevator, but the unit number 1C suggests it’s on the first or ground floor. And with such low monthlies and a stellar location, it’s really hard to find much else to complain about this with one!
Check out the listing at 670 President St. #1C, listed by Susan Molloy of Compass.
Thinking about buying in NYC? Chat with our complimentary, licensed Concierge to learn about the buying process.
