Prospect Lefferts Gardens houses features many attractive details. In this edition of Market High / Low, we are looking at one-family homes in the neighborhood.
High: $1.6M
51 Midwood, Prospect Lefferts Garden, Brooklyn
In May of last year, the popular real estate blog Brownstoner reported a story about this property, then listed for $1,600,000. City records show a deed was signed for $1.6M in fall of 2011. This property is at the high end of the market, but there are reasons why it attracted this price.
The kitchen area is so immaculate and stunning, you could bring in a TV crew to film your cooking. Cream cabinets make the large kitchen area appear even more spacious and the fixtures gleam from across the room.
Also, families who would like to buy a home in Park Slope but can’t are turning to neighborhoods like Prospect-Lefferts Garden and Kensington. The atmosphere of Prospect-Lefferts Garden, peaceful streets and quiet atmosphere, offer a welcome retreat from hectic city life and even the heavy stroller traffic in Park Slope.
The house features intricate woodwork, some of which appears to be original details, and mosaics as well. Some of the seashells in one tiled area appeared slightly gawdy, but you can’t order this type of craftsmanship from HomeDepot.com. Many people don’t see the point in renovating their homes before going to sell, but it’s possible a few carved pine trees and Alhambra-esque mosaics could increase the value of your property.
Houses houses on this block went to market for similar prices, and sources told Brownstoner that 51 Midwood was the nicest of the group. Also, parents who rented in Park Slope and move to Lefferts Garden can still be a short subway ride away from their childrens’ friends in their old neighborhood.
Low: $370,000
316 Maple Street, Prospect Lefferts Gardens
This one-family house was featured on Brownstoner in 2007 and 2009 with various price tags, first for $1,200,000 and then for $689,000. We were not able to verify the older listing prices. Oddly enough though, the building ended up selling in October for $370,000. A deed was signed for this amount according to city records. That’s quite a sleep descent from $1.2M, but in 2007, Brownstoner was calling the building one of the most overpriced properties he had seen in a long time. The drop in price is unusual, so perhaps the condition inside wasn’t very good.
