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."
This three-bedroom, two-and-a-half bath, 19 Grace Court, #2C, was already priced well below the median for a three bedroom in Brooklyn Heights—$2,995,000, according to StreetEasy. But about a week ago, the price dropped by $100,000, to $1,395,000, making this expansive apartment an even better deal.
The generously sized living room has a large closet and a powder room, making it convenient for entertaining. Every room has at least one window, and most overlook interior gardens.
Find Your Next Home
The updated kitchen has custom cabinetry, and stainless steel appliances (including a dishwasher). Between the kitchen and living room is a dedicated dining area. And that half bath near the entry includes a washer/dryer.
The master bedroom has north and west exposures and an en-suite bath.
The hallway bathroom is nearly twice the size of the en-suite bath and includes a closet.
The apartment is located on the second floor of a six-story elevator building with 33 units. Building amenities include a common laundry room in the basement and a live-in super. The monthly maintenance is $1,735.
The pet-friendly building is located on a quiet cul-de-sac with views of the Manhattan skyline. It’s also around the block from the Brooklyn Promenade. Shops and restaurants are on nearby Montague Street. The closest subway is the R at Court Street, but just couple blocks farther are the 2, 3, 4, and 5 trains at Borough Hall. It’s also not far from Brooklyn Bridge Park and its ferry terminal.
An open house is scheduled for Sunday, August 26th, from 4-5 p.m.
You Might Also Like