All images of 404 11th Street via Douglas Elliman
While Park Slope is primarily known for historic brownstones and stately co-ops, condos are starting to get more of a toehold. The latest entrant is 404 11th Street, a four-story rental enlarged and converted to full-floor condominiums that have just launched sales. The brick building by Brooklyn Home Company has a contemporary veneer while remaining highly respectful of its surroundings.
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All four apartments enjoy incredible natural light from oversized windows on three sides, soaring ceilings, white oak hardwood floors, video intercom, and in-unit washer/dryer. The kitchens are beautifully appointed with Pietra Cardosa marble counters and top-of-the-line stainless steel appliances. In case the generous closet space isn’t enough, each apartment comes with an oversized basement storage unit. Moreover, whether gardens on lower levels or roof decks on upper levels, all units have private outdoor space.
Roof deck
404 11th Street is around the corner from the 7th Avenue subway stop, which allows for easy trips anywhere in Manhattan or Brooklyn. However, the local community may prove too appealing to leave behind for long. The building is on a quiet tree-lined street, but popular restaurants and bars are a short walk away. Prospect Park is also three blocks from the building.
The New York Attorney General’s office accepted an offering plan with an $8.75 million sellout, and 404 11th Street looks well on track to meet it: The two-bedroom penthouse is $1.595 million, and three three-bedroom units start at $2.375 million. At an average of $1,241 per square foot, it is roughly in line with the Park Slope median of $1,250 per square foot for similarly sized condos (per CityRealty data). While the listing prices may be a little high for some, a J-51 tax abatement is expected to take some of the sting out of them.
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