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Prospect Park Terrace, 1638 Eighth Avenue, #1F

$1,650,000 ($974 per ft2) | 2 beds, 3 baths | Approx. 1,694 ft2
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611 days on Market

Key Details

  • Listed: Sep 14, 2022
    Days on Market: 611
    Building Type: Condominium
    Neighborhood: Park Slope (Brooklyn)
    Doorman: FT Doorman
Monthly Common Charges: $766
Monthly Real Estate Taxes: $50
Total Taxes & Fees: $816 ($0.48/ft2)
Est. Monthly Mortgage: $8,844
Total Est. Monthly Carrying Cost: $9,660 ($5.70/ft2)
Note: the above is based on a down payment of 20% ($330,000), which is the minimum amount permitted by the building.

Description

This is the one you have been waiting for! A spacious, mint condition, 1694 sqft Triplex Condo featuring two large bedrooms and a full bath on the top floor, living room with ample space for dining, a separate kitchen with breakfast bar and full bath on the 1st floor, and a large rec room and 3rd full bath on the basement level, plus a deeded parking spot! As if that were not enough, residents also enjoy a lovely common backyard with grills and common roof deck with sweeping harbor views!

Upon entering there is a nice entry foyer that can be outfitted into a proper mudroom in addition to a spacious closet just beyond in the living room. Once inside you find the spaced winged with your living room to the left and kitchen tucked neatly away to the right.

In the kitchen, there is ample cabinet space, and a large breakfast bar provides seating for three as well as excellent counter space! A large picture window provides soothing leafy views, and a full set of stainless steel appliances including Fisher Paykel refrigerator, Avanti gas range, Bosch dishwasher and makes cooking a breeze. In the living room there is ample space for dining, as well as another large picture window.

A renovated full bath completes the floor.

Up the stairs a large landing provides the perfect place for your library. To the left, the primary bedrooms is king sized with double closets. This room also interconnects with the hall bath, which doubles as an en suite.

The second bedroom is also very large with great closet space, and could easily fit a queen with an office set up or two twins with plenty of room for play. Both rooms feature large picture windows with restful treetop views.

On the lower level one finds a large recreation room, perfect for your home gym or office set up, media room, playspace or 3rd bedroom. The current residents have used it in all of these capacities during their time there, illustrating the truly flexible nature of the space, changing as your needs do.

This floor also features another full bathroom, and a laundry room with stackable, gas LG washer and dryer. There is also an additional entrance on this floor which conveniently leads directly to the secure garage and your deeded parking spot, keeping you nice and toasty on those chilly mornings, and dry on those wet ones! The entire home enjoys electric heat and A/C via ductless split systems.

Residents of 1638 8th Avenue enjoy a lovely, shared backyard, where children play together on communal play equipment or cool off in a kiddie pool on a hot day, while adults relax in inviting Adirondack chairs, visit with neighbors and man the grill.

For yet another outdoor option, there is also a spacious common roof deck, partially shaded by a massive neighboring tree, with sweeping views of the Manhattan skyline! Prospect Park Terrace is a professionally managed, pet friendly, 27-unit building completed in 2011. There is a company that handles general housekeeping and garbage removal, as well as a grounds team to maintain the side and back yards, including snow shoveling and leaf removal.

The common charges of $767 are very reasonable, and the 25yr tax abatement in place until 06/30/2036, ensure very low taxes (currently $50/month) for a very long time! Currently zoned for PS 10.

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Listing courtesy of Corcoran Group

Pricing History

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About Prospect Park Terrace, 1638 Eighth Avenue

Building Amenities

  • FT Doorman
  • Post War
  • Rooftop Terrace
  • Elevator
  • Event Room
  • On-Site Parking

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Subways

  1. F
at Prospect Park West and 14th 0.24 miles

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