Sponsor co-op pick of the week

A Park Slope studio with lots of closet space for $455,000, no board approval required

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By Austin Havens-Bowen  |
November 8, 2019 - 9:00AM
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The studio has a seperate kitchen and an alcove that can be used as an office or dining area.

Rolling Stone Realty

Welcome to Brick Underground’s sponsor apartment pick of the week, where we feature a co-op for sale by the owner of the building. You do not need board approval to buy these apartments, they are often newly renovated, and they typically require a down payment of only 10 percent, versus the 20 to 25 percent that most co-ops demand. In exchange for the condo-like ease of acquisition, expect to pay a bit more than a regular co-op, but considerably less than a condo. For more information, check out "Everything you ever wanted to know about sponsor apartments but were afraid to ask."

If you’re on the hunt for a place to buy in Brooklyn, this studio, 220 Berkeley Pl., #1E, in a prime Park Slope location, might do the trick. 

It’s priced at $455,000, which is slightly higher than the neighborhood’s average for studios, which is $399,000, according to StreetEasy. The monthly maintenance is $624. 

You enter the studio by passing through an alcove, which is staged as a home office in the listing, but it seems large enough to be used as your dining space. Sure, walking directly into a dining area might feel awkward, but in small NYC apartments, you have to do what works. 

There’s a generously-sized dressing room with two closets that leads you to the bathroom—plus three other closets in the apartment. 

Amenities include a live-in super, laundry room, indoor garage, and bike storage (with a waitlist and fee). When it comes to pets, only cats are welcome here.

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The living space, which is virtually staged in the listing, is large enough to divide your sleeping area and living room and there are large windows with northern exposure. 

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The kitchen is separate but opens to the main living space and features mahogany cabinets, Caesarstone countertops, and stainless steel appliances.

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There’s a window in the bathroom.

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The apartment is just a short walk to Grand Army Plaza—where there’s a weekly farmers market on Saturdays—and Prospect Park. The Park Slope Food Coop is right up the block and Seventh Avenue, with its many shops and eateries, is just a six-minute walk away. 

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Austin Havens-Bowen

Staff Writer

Staff writer Austin Havens-Bowen covers the rental market and answers renters' questions in a column called Realty Bites. He previously reported on local news for the Queens Ledger and The Hunts Point Express in the Bronx. He graduated from Hunter College with a BA in media studies. He rents a one-bedroom apartment in Astoria with his boyfriend and their two cats.

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.

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