Checked out a few open houses today and came to the conclusion that we will never be able to afford something in Brooklyn!
OK, I tend to exaggerate.
A 750 square foot condo in park slope is going for $539K. The place was really cute. Small, but well laid out. Great kitchen, small living room, decent sized bedroom and a small balcony that can fit about 4 people comfortably.
Here is a link to the place: http://www.elliman.com/long-island/brooklyn/park-slope/155-15-street–unit-4e/155-15-street/ecltvaa
An even smaller co-op on 9th street and 7th avenue (prime location) is going for $569K. This comes out to more than twice the amount of mortgage payment for what we currently pay in rent! The place was gorgeous though! Solid wood floors a greenhouse and a very nice sized backyard! Not mention it’s right on 7th avenue in the middle of bustling park slope. Place is great but would be about $3,500 a month! Geez-louise who are these people who can afford to live here I ask myself?
Here is a link to the 9th street place: http://www.corcoran.com/property/listing.aspx?Region=NYC&listingid=2121332
Gah. Finding an affordable home won’t be easy but we are not giving up.