The Location is Good and the Price Is Right for This Cozy $440K Prospect Heights Co-op

This one-bedroom co-op at 786 Washington Avenue may have its limits–space and windows, for example–but the Prospect Heights neighborhood is a winner, a slice of old-meets-new-Brooklyn with a collection of grocery stores, cafes, restaurants and bars that grows daily, and just a few blocks from Prospect Park, Crown Heights and Park Slope for even more options. The street’s a bit busy, but then again you’re on the third floor where it’s quieter, and if you like exposed brick, you’re in luck–possibly for less per month than lots of folks are paying in rent for a one-bedroom–or even a studio.

This 550-square-foot apartment does have its share of character and charm, and though there are limited windowed exposures, the listing promises “Natural light throughout the entire home.” Also throughout the entire home: Exposed brick. In the living/dining room there’s a decorative fireplace, built in shelves and some hidden nooks and crannies. The unit has a washer and dryer, a definite plus.

The half-galley kitchen is narrow, but it’s efficiently placed and separate from the living room–which is more than you get in some pricey new condos–and a clean, modern renovation is easy on the eyes.

Wood french doors open into a narrow but windowed bedroom, and there are closets enough for the average human. The bathroom is downright adorable and looks just-renovated. The listing says, “This apartment feels like home, just move your things right in,” which sounds about right.

The charmingly-named Ivy is a 16-unit co-op, and the good news is that sublets are allowed after two years. This is a popular–and getting more so–neighborhood for young renters, so that option could make this a great investment.

[Listing: 786 Washington Avenue #3RL by Odalis Gonzalez at Keller Williams]

[At CityRealty.com]

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Images courtesy of Keller Williams