$465,000
Updated 6 years ago
Off Market

Prospect Court

425 Prospect Place, 1-D

Crown Heights, Brooklyn | Vanderbilt Ave & Underhill Ave

3 Rooms1 Bed1 BathCo-op

$465,000
Maintenance$822

Listing Features

  • High Ceilings
  • Refinished Floors
  • Dishwasher
  • S Steel Appliances
  • Windowed Kitchen

Outdoor space and views

  • South Exposure

Building Amenities

  • Voice Intercom
  • Bike Storage
  • Courtyard
  • Elevator
  • Garden
  • Grilling Stations
  • Laundry Room
  • Outdoor Parking
  • Storage

Policies

  • Pets Allowed

Property Description for 425 Prospect Place, 1-D

SHOWINGS AVAILABLE A rare find for under $500K, this mint condition generously sized 1 bedroom will take your breath away! South facing onto a beautiful tree lined quiet street half a story above street level, this unit boasts newly finished floors, renovated kitchen with new over range microwave, stainless steel appliances, custom shaker cabinets, and granite countertops, and a renovated bathroom. The living room has enough space to create your own WFH oasis as well as dining alcove. The bedroom has ample room for a king sized bed and dresser, and 2 large closets allow for plenty of storage throughout the apartment. With low monthlies why rent when you can own for the same price! **BUILDING ALLOWS 10% DOWN **NO POST-CLOSING LIQUIDITY **NEW SUBLET POLICY: Shareholders may sublet their apartments for up to three (3) years before requiring a five (5) year break. The Board has increased the allowable sublets to 20% of the total apartments. 425 Prospect Place is a well kept and financially sound coop that offers common laundry, common garden, bike storage and ON SITE PARKING FOR RENT. On the borders of Prospect Heights and Crown Heights, have access to all the great restaurants along Vanderbilt and Washington. Walk a block to the S that gets you access to the 2, 3, 4, 5 or take a short walk to the A, C at Clinton-Washington. Pets, subletting and co-purchasing allowed. Contact us today for a private showing!

Video Walkthrough


Listing History for 425 Prospect Place, 1-D

Now
09/07/2020
TOM by Jennifer Lee
Compass
07/21/2020
$465,000 [-$10,000] [2.1%]
Price Drop by Jennifer Lee
Compass

Building Details for 425 Prospect Place

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1924
Financing Allowed90%
Floors/Apts5/56
Learn More About the Building

Transit and Citi Bike

Subway

Park Pl
0.25 miles
Eastern Pkwy-Brooklyn Museum
0.33 miles
Franklin Av
0.44 miles
Botanic Garden
0.44 miles
Franklin Av-Medgar Evers College
0.44 miles

Citi Bike

Washington Ave & Park Pl
0.08 miles
Grand Ave & Bergen St
0.12 miles

Contact Agents

Contact Agents

Crown Heights | Brooklyn

Quick Profile

Originally known as Crown Hill by the Lenape Indians that lived there, Crown Heights has evolved into a diverse neighborhood, occupied primarily by Hasidic Jews and one of the largest Caribbean populations to be found anywhere outside of the West Indies. 

Head over to Nostrand Avenue, one of the main West Indian commercial areas in the neighborhood, which is lined with stores that have been in those exact same places for generations, providing their goods and services to area residents. Kingston Avenue has similar commercial activities that support the Jewish community, and Franklin Avenue shows the most signs of change and gentrification, with an ever-expanding mix of yoga studios, coffee shops, and organic grocery stores that serve the influx of young professionals. No matter which of these areas you visit, you will find an interesting mix of businesses that you wouldn’t normally picture as existing side-by-side. It is all part of the cultural diversity of Crown Heights.

The neighborhood is bisected, from east to west, by Eastern Parkway, which is a beautiful, 3-mile-long boulevard lined with mature trees. This leafy oasis was designed by Frederick Law Olmsted, famed designer of Central Park, the Biltmore Estate in North Carolina, and the U. S. Capitol in Washington, D. C.

You will find a mix of low-rise apartment buildings, large middle-class elevator buildings, brownstones, and some luxury buildings. Century-old architecture stands next to modern residential developments in a visually interesting mix of styles, much as the diversity of the residents exists. People who would not normally meet and mix are forging new pathways to cultural understanding by working, living, and playing together in the same neighborhood.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1878090