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just closed: prime Bklyn Heights, $521/sf ft

Started by GraffitiGrammarian
about 17 years ago
Posts: 687
Member since: Jul 2008
Discussion about
It's low maintenance too! This is a pretty good pricing level for Grace Court in Brooklyn Heights. Best pricing I've seen so far for a good neighborhood in Brooklyn. If a Bklyn Heights location that's 3 blocks from the Promenade is going for $500/ sf ft, what are Forte Greene and Prospect Heights going to drop to? The apartment itself doesn't look like anything special, but serviceable. It's 700 sf ft, assuming the M floor plan is the same throughout the building. 2 Grace Court, 1M, closed 8/20/09 for $365k
Response by Mjh1962
about 17 years ago
Posts: 149
Member since: Dec 2008

beautiful building on a great block!

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Response by JKB
about 17 years ago
Posts: 162
Member since: Nov 2007

Thanks GG. It's funny, at first I thought you'd bought this place yourself, but then I remembered that you live near Columbus Circle and just OBSESS about grade-A prime BK real estate.

Not sure what this means for Brooklyn real estate in general, but 2 Grace Court is one of the affordable gems of the heights!

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Response by GraffitiGrammarian
about 17 years ago
Posts: 687
Member since: Jul 2008

LOL. Yes, JKB, I guess that's fair to say I obsess about high quality Bklyn real estate.

It's where I eventually want to buy, so I keep en eye open.

I gather from the other posts that 2 Grace Court is a familiar building to some. That part of the Heights, between Hicks and the BQE, is very old-school, I suppose it might be a little conservative for some tastes, I'm not sure I would buy just there, but I put up this post because the price struck me as an improvement over recent transactions.

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Response by Miette
about 17 years ago
Posts: 316
Member since: Jan 2009

That floor plan doesn't look anywhere near 700 square feet to me (I'd guess 550 tops). And the apartment is on the first floor facing an interior courtyard.

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Response by 1OneWon
about 17 years ago
Posts: 220
Member since: Mar 2008

Isn't the ceiling height less than 8'?

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