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By Accord Real Estate Group
 

Park Slope South Market Update

April 13th 2019
Tags: Real Estate News, All about Brooklyn New York, Brooklyn Real Estate

Brooklyn’s Park Slope South has a vibe all its own, with a much slower pace than busy Park Slope.

A few local spots that capture the feel of Park Slope South are for example Roots Café, located at 639A 5th Avenue. Roots Café is the South Slope’s meeting place for artists and writers. Great coffee is served as well as breakfast and lunch options all day long. Another great South Slope find is m.a.e. a vintage clothing and consignment shop located at 461 7th Avenue. M.a.e. is chock full of designer finds. You may develop an appetite in your trek around South Slope and Café Steinhof is the perfect restaurant to have a bite and brew. You can dine on weiner schnitzel, cheese spaetzle, a great sausage selection and more.

The residential real estate market in the South Slope is hot with high demand for housing in this wonderful Brooklyn, NY neighborhood. Some examples of asking prices in today’s market are:

For a 1 family home with 1,244 square feet, 3 bedrooms and 1 bath, asking is $1.388M or a 1,417 square foot, 3 bedroom and 3 bath, asking $2.350M.

For a 2 family home with 2,208 square feet, 6 bedrooms and 2 baths, asking is $1.695M, for a 6 room, 3 bedroom and 2 bath, asking is $1.750M, for a 1,824 square foot, 4 bedroom and 2 bath, asking is $1.949M and for a 9 room, 5 bedroom and 2.5 bath, asking is $2.8M.

For a 3 family home with 3,300 square feet, 15 rooms, 6 bedrooms and 3 baths, asking is $2.4M.

For an 8 family house with 30 rooms, 16 bedrooms and 9 baths, asking is $4.2M.

For a Coop apartment with 1 bedroom and 1 bath, asking is $625,000, for a 4 room, 2 bedroom and 1 bath, asking is $725,000, for a 4 room, 2 bedroom and 1 bath, asking is $849,000, for a 1,450 square foot, 2 bedroom and 1.5 bath, asking is $1.275M, for a 2 bedroom and 2 bath, asking is $1.450M and for a 1,288 square foot, 6 room, 2 bedroom and 1.5 bath, asking is $1.645M.

For a condominium apartment with 543 square feet, 1 bedroom and 1 bath, asking is $540,000, for a larger 1 bedroom and 1 bath, asking is $675,000, for a 1,015 square foot, 2 bedroom and 2 bath, asking is $1.095M, for another choice in a 2 bedroom and 2 bath, asking is $1.175M, for a 1,042 square foot, 5 room, 2 bedroom and 2 bath, asking is $1.550M, for a 1,247 square foot, 3 bedroom and 2 bath, asking is $1.725M and for a 1,417 square foot, 7 room, 3 bedroom and 3 bath, asking is $2.350M.

Some of the newer condominium buildings to come to the area are:

Arbor Eighteen located at 185 18th Street, an 11 floor building with 73 apartments from studios to 2 bedrooms with great amenities.

Stanton on Sixth located at 695 Sixth Avenue, a 3 floor building with 32 apartments of which 10 are duplexes, designed by Karl Fischer with gorgeous finishes in every unit.

The Aaron located at 236 17th Street with 17 apartments on 7 floors, designed by Tom Winter Design.

If you are interested in selling your property or you know someone who is planning to sell their Brooklyn New York property, whether a single family residential property,  an apartment building, a commercial property, mixed use, multi family, coop or condo, vacant land or a development opportunity, call us. You will be very happy that you did.

We always bring our clients the top market price for their property and provide exceptional personalized service from initial consultation to closing.

 
Thank you,
Accord Real Estate Group
Your Brooklyn Realtors