BROOKLYN | MAY 2021
According to New York City records, the median price for an apartment in Brooklyn during the month of May was $840,000. This price represents a 9.4% increase from last year’s median price of $767,500.
So, what does $840K get you in Brooklyn at this time? Let’s take a look.
Well, we can tell you it gets you a studio in Brooklyn Heights, but that tidbit alone will only raise eyebrows. This is a special studio in a historic building right off the Brooklyn Promenade.
Apartment 4-B at 10 Montague Terrace is a newly renovated pre-war with generous dimensions. The main room is just about 360 square feet (20’7”x17’4”), large enough to accommodate distinct areas for sleeping, dining and sitting. The residence features eleven-foot ceilings, a wood burning fireplace, dramatic moldings, rich hardwood floors and oversized windows. A walk-in closet allows you to squirrel away anything you want out of sight.
The kitchen is a true delight. It’s a mix of simplicity and sophistication. Clean lines. Brass accents. Steaming light. White marble countertops and a matching backsplash add elegance. Double-height cabinets provide for plentiful storage. A suite of high-end appliances, including a Bertazzoni range, take the kitchen to yet another level.
Even the one quirk with this apartment has been turned into a pearl – access to the bathroom is through the kitchen. A custom steel door with casement windows adds a touch of urban cool and a stunning architectural element to both rooms.
Built in 1850, this brownstone mansion contains 13 apartments across four floors. It features a voice intercom, storage, elevator, and a laundry room. The building is steps from the promenade, which offers great views of downtown Manhattan and the Brooklyn Bridge.