Park Slope Pulse (by Park Slope Living)

Park Slope Pulse (by Park Slope Living)

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Park Slope Pulse (by Park Slope Living)
Park Slope Pulse (by Park Slope Living)
Your 2024 Q3 Property Market Report & Must-See Property Sales
Real Estate

Your 2024 Q3 Property Market Report & Must-See Property Sales

Casey Soloff (Compass Real Estate Agent) walks us through the latest markets update; plus this week's Top Property Picks around the neighborhood (Park Slope, Prospect Heights, Windsor Terrace, Gowanus

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Park Slope Living
Oct 18, 2024
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Park Slope Pulse (by Park Slope Living)
Park Slope Pulse (by Park Slope Living)
Your 2024 Q3 Property Market Report & Must-See Property Sales
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2024 Q3 Property Market Report

This week we welcome local resident Casey Soloff, a Licensed Real Estate Salesperson with Compass, who breaks down the latest Q3 property market report and explains what all the numbers really mean:

“Looking back at Brooklyn this past quarter, you would never suspect that interest rates, after a steep two year climb to their 23 year high, finally began their much anticipated descent. Or that the real estate business underwent a shift that could change the way property is bought and sold for the foreseeable future.

No. If you read the latest market report, you would assume it was business as usual. Prices across the borough continued to tick up incrementally, again. Luxury apartments outperformed the rest of the market, again. Condos continued to shine, while co-ops and houses lagged behind in the number of units closed. Again. 

…

Of course, the biggest news of the quarter happened on September 18th, when the Federal Reserve lowered interest rates by 50 basis points, down from the highest they’ve been in 23 years.

Since then, mortgage rates have gone… up?

Find out why in Casey Soloff’s 2024 Q3 Property Market Report: Click here to read the full article

This Week’s Must-See Property Sales

Whether you’re planning your open house weekend, or just want to keep a pulse on (or take a peek at) what the real estate market looks like, here are our real estate listings for this week focusing on property sales of 1-5 bedrooms. 

This week there are some good deals < $1M in neighborhoods surrounding Park Slope: Prospect Heights, Gowanus and Windsor Terrace. 

I use StreetEasy as the listing source to recommend properties that I would live in myself, and have searched within the boundaries of Park Slope and surrounding neighborhoods (Gowanus, Windsor Terrace, Prospect Heights). All prices are per month, and only listings in the last 14 days are shown unless there is a significant price drop. All sales jargon has been magically removed ✨

Signup to get future Real Estate listings digests and you’ll also get our FREE weekly round up of news & events every Thursday.

Looking to promote your listing here? (All promotions will be clearly labeled as SPONSORED)

Email info@parkslopeliving.com for more info!

Photo credits: Streeteasy listings

1 bedroom

659 De Graw Street #1: $975,000 (Co-op)

1.5 bed 1 bath

  • In a building of 4 Units, 3 Stories; 1920 Built

  • Private garden

  • Wood-burning fireplace

  • Pets allowed

  • Appliances: Dishwasher, Washer/Dryer, Central Air

  • Monthly costs: $1,096 maintenance

44 Prospect Park West #C1: $899,000 (Co-op - JUST LISTED)

1 bed 1 bath

44 Prospect Park West, Brooklyn, NY, 11215 photo #1 of 13
  • Right across from Prospect Park

  • In a building of 55 Units, 6 Stories; 1940 Built

  • Pet-friendly

  • Appliances: Dishwasher

  • Monthly costs: $1,389 maintenance. A current assessment of $406.25 ends in Dec 2024 will be paid by the seller.

  • Building amenities: Doorman, Elevator, bike room

  • A 2% flip tax applies, shared equally between the seller and buyer (1% each).

2 bedrooms

456 Prospect Avenue #3R: $775,000 (Co-op)

2 beds 1 bath

  • 790 ft²

  • In a building of 8 Units, 4 Stories; 1931 Built

  • Cats welcome

  • Appliances: Washer/Dryer

  • Building amenities: private storage space in the basement, bike storage in progress

  • Monthly costs: $660 maintenance

132 Prospect Place #3R: $825,000 (Co-op)

2 bed 1 bath

  • In a 12-unit building

  • Pet-friendly

  • Appliances: In-unit washer/dryer allowed

  • Building amenities: common roof deck with city views, bike and stroller storage, in-building laundry

  • Monthly costs: $1,320 maintenance

295 Saint Mark's Avenue #2B: $899,000 (Co-op)

2 bed 1 bath

  • Located in Underhill Gardens: a three-building, 24-unit coop, with each building housing eight apartments, only two apartments per floor

  • Pets on approval

  • Appliances: Dishwasher, Washer/Dryer

  • Building amenities: named for its common garden which has areas for gardening, grilling (gas and charcoal) and outdoor dining, extra storage, bike storage, stroller parking in lobby

  • Monthly costs: $1,011 maintenance

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