If you want to shop in New York, now is a great time. Many neighborhoods have seen drastic price declines since the pandemic, even some highly sought-after areas. That includes Fort Greene, located between Downtown Brooklyn and Clinton Hill with a perfect mix of new developments and old-school Brooklyn charm. The average price here has dropped by about $ 500,000 in the last year. If you want to take part in the performance, check out our Agreement of the Week. This Fort Greene 2BR, 431 Clermont Ave., boast the pleasure New Yorkers want mainly: in-unit laundry.
The Price: $ 675,000
The average asking price for a home in Fort Greene is $ 1.3 million, according to the Street Data Panel. That puts our Deal of the Week at about half the average price for the neighborhood.
Buyers who have submitted the 20% minimum down payment of $ 135,000 can expect monthly payments of $ 2,991. This includes a $ 2,306 mortgage payment and a $ 685 down payment fee (quite low by New York standards!).
Why You Will Love It …
Talk about the best of both worlds. This Fort Greene 2BR is set in a beautiful classic sandstone built in 1931. But the apartment itself has been updated with all modern necessities. For example, the kitchen has elegant black granite tiles and new stainless steel appliances, including a dishwasher. There is also plenty of storage, with closets up to the ceiling.
Also check in-first laundry of your list: There is a washing machine / dryer in the bathroom. And that’s not the only impressive device in this updated bathroom. This award is reserved for the entrance spa shower, with a bench and rain shower. Happiness.
In the living area, you will find a working wood burning fireplace: the epitome of charm and function. The built-in storage is also a huge plus, as are the generous east windows. The master bedroom is bright and spacious, with an adjoining smaller (yet beautifully large) bedroom.
Finally, our Agreement of the Week is very central. It is conveniently close to Atlantic Terminal and subways, and about halfway between Grand Army Plaza and Fort Greene Park. There are also many restaurants, cafes and bars nearby.
… And Why You Can’t
The second bedroom of this Fort Greene 2BR is currently accessed via the master bedroom. This makes it better for an office or nest than a bedroom. But changing the layout of the hallway and doors would be an easy solution, as shown in the alternate floor plan in the list. And, unfortunately, there is only one closet in the entire apartment. It is well located in the master bedroom, but you may need to create with stock solutions for overcoats, cleaning supplies and other things.