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One-Bedroom Pre-War Apt. Across From Brooklyn Museum All About Location

By Dan Rivoli | August 6, 2012 12:20pm

175 Eastern Parkway, Apt. 3F

1 bedroom, 1 bathroom

$373,000

Maintenance: $651

PROSPECT HEIGHTS — Reaffirming the well-known real estate dictum, “location, location, location,” the prime spot across the street from the Brooklyn Museum was the main draw for this 750-square-foot one bedroom in an elegant pre-war building amid a row of stately co-ops on Eastern Parkway.

Besides the iconic museum, which greets residents of 175 Eastern Parkway when they leave the building, the area also includes Prospect Park, Grand Army Plaza, the Brooklyn Botanical Gardens and the Brooklyn Public Library’s landmark central branch.

"Location is the key," said Jorge Murillo, an agent with Corcoran Group.

Another perk: the 2/3 train station is steps away, and the 4/5 trains are two blocks away on Franklin Avenue.

"I love the proximity to the subway,” one house hunter said. "It’s a great area, with the park and restaurants."

The Art Deco building’s ornate original marble lobby had a black-and-white checkered floor, a chandelier and gold detailing on the walls that wowed some prospective buyers.

“They love the pre-war detail,” Murillo said.

The co-op apartment was a deal at $373,000, considering its locale and size, according to Murillo. The $651 maintenance fee was also lower than similar full-service buildings, which usually charge a dollar a square foot, he said.

The building amenities include a bike room, live-in super, doorman on weekdays, elevator and a laundry room.

The unit's square footage, high ceilings and spacious layout were a hit with one couple looking to move to Prospect Heights from Connecticut.

“It’s actually quite larger [than nearby apartments]," the woman said. “It’s definitely an awesome location,” she echoed.

But some who were looking forward to seeing the “planted inner courtyard” view were unpleasantly surprised to see a large puddle of water and brown patches in the green areas.

The Connecticut man viewing the apartment with his girlfriend noticed the drab kitchen could use a renovation.

“It looks like it needs a little work … an updating,” he said.