Brooklyn | September 2022

According to New York City records, the median price for an apartment in Brooklyn in the month of August was $735,000. The price represents a drop of 8.7% from last year’s median price of $805,000. The number of sales increased from 519 to 594 representing a year-over-year increase of 14.45%.

What exactly does $735,000 get you in Brooklyn? Let’s take a closer look.

Apartment 3 at 384 6th Avenue in Park Slope is a two-bedroom floor though in a stunning turn-of-the-century townhouse. The third floor co-op is flush with light and offers a flexible four-room layout with a front living room, an open center kitchen and two rear-facing bedrooms.  The second bedroom space is best suited as an infant’s room or as a home office.

The residence features wide plank hardwood floors, custom lighting, oversized windows, a wood-burning fireplace and a stacked washer/dryer.   As an added bonus, the apartment enjoys exclusive roof rights to the front portion of the roof (15′ x 20’8″).

Located between 6th Street and 7th Street, 384 6th Avenue sits amidst some of Park Slope’s finest townhouse blocks and is a casual three block walk to Prospect Park. 

384 6th Avenue is a handsome red brick four-story townhouse with rusticated limestone detailing, a front stoop and street-facing bay windows. The building is flanked by two townhouses of equal stature and historic preservation.  

The financials of Apartment 3 are even more stunning than the home itself.  The monthly maintenance is only $473, as the building has recently paid off its underlying mortgage. Apartment 3 at 384 6th Avenue was first introduced to the market in late May 2022. It went to contract within six weeks and sold in Mid-September just below the original ask of $749,000. The listing was represented by Tim Stanard, Andrew Weitsman and Brian Streater of Corcoran.  Please visit Linecity for more details.

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