If you’re a fan of the east side of Prospect Park, consider Wingate, Brooklyn. This small neighborhood, technically a submarket of East Flatbush, is just east of Prospect Lefferts Gardens and south of Crown Heights. Its prices are typically lower than its counterparts, and it also has access to lots of great bars and restaurants. Our Deal of the Week, 651 New York Ave. #407, is a loft-style Wingate 1BR, right on the border of PLG, with in-unit laundry and a great balcony.
The Price: $549,900
The median asking price in East Flatbush is $652,000, according to the StreetEasy Data Dashboard. In Prospect Lefferts Gardens, it’s $745,000. That puts our Wingate, Brooklyn Deal of the Week significantly below average for both its own area and its closest neighbor.
Buyers who put down the 20% minimum down payment of $109,980 can expect to see monthly payments of $2,184. This includes a mortgage payment of $1,871, common charges of $288, and taxes of $25 — all of which are low by NYC standards!
Why You’ll Love It…
Let’s start at the beginning: You enter this Wingate, Brooklyn home through a private, keyed elevator. It opens directly into the super-stylish kitchen. And the door is expertly styled, too, painted black and framed with reclaimed wood that provides an industrial-chic feel. That vibe continues into the unit, which is outfitted with polished concrete floors and sleek finishes.
The rest of the kitchen boasts lacquered cabinets and high-end appliances, including a dishwasher. In addition, the breakfast bar pulls double duty as the site of the in-unit washer/dryer. And just off the living room, you’ll find a spacious balcony with more than enough space for barbecuing. It’s also south-facing, so it’s sure to get plenty of sunlight. (Say hello to the new site of your morning Zoom meetings and evening happy hours!)
And finally, let’s talk location. This building offers a gym, a bike room, and garage parking. It’s just a couple blocks from Wingate Park on one side, and a few more to Prospect Park on the other. It’s also a conveniently short distance to the 2 and 5 trains.
Brooklyn Homes Under $600K on StreetEasy Article continues below
… And Why You Might Not
Mysteriously, this Wingate, Brooklyn apartment does not seem to contain a single closet. So you’ll need to get creative with storage space. In addition, the building is right near two large hospital complexes, Kings County Hospital and SUNY Downstate Medical Center. That means street noise and sirens could be an issue.