Sales launch at new Prospect Park-facing condo tower, from $2.4M

Posted On Fri, August 7, 2020 By

Posted On Fri, August 7, 2020 By In Brooklyn, condos, New Developments, Park Slope

Renderings courtesy of Binyan Studios

A condo building across from Prospect Park in Brooklyn launched sales this week, with two-bedrooms starting at $2.395 million. Located next to landmarked Grand Army Plaza, One Prospect Park West in Park Slope was built in 1925 and once served as a hotel for the Knights of Columbus and later as a senior home. Developer Sugar Hill Capital Partners is converting the historic 10-story building into a luxury condominium with 64 residences with 40 unique floor plans.

Brooklyn-based studio Workstead, the team behind Williamsburg’s Wythe Hotel, designed the building. It’s the first residential building for the firm, known for its interior and lighting design. One Prospect Park West features a new lighting line designed by Workstead called the Park Collection.

The conversion has restored some original detail, including the Classical Revival-style facade. Residences boast high ceilings, reclaimed heartwood pine floors, and lots of natural light and Prospect Park views through oversized windows. Unique elements throughout the homes include the customized paneled cabinetry, deco coving, curved arch details, and beautiful crown moldings.

Amenities comprise of a landscaped rooftop with “secret gardens” and edible herbs and fruits, designed by ODA New York, the firm’s first landscape-only project. Residents can also enjoy an art gallery, library, basketball court, dance, yoga, and training studios, and bike storage.

Current availability ranges from a $2.395 million two-bedroom, two-bath to a $4.975 million four-bedroom, three and a half bath. According to CityRealty, the median price for a condo in Park Slope is about $1.675 million.

When it opened in 1925, the building, which had a ballroom and auditorium in addition to hotel space, hosted many events and parties for the Knights of Columbus. The group later moved out of the neighborhood and relocated to Marine Park by the end of the 1950s, according to Brownstoner.

The property was converted in 1962 into a nursing home and later became a senior home. Most recently, the building housed the Prospect Park West Residence, a nursing home where more than 120 seniors were evicted in 2016, according to Curbed NY.

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Renderings courtesy of Binyan Studios

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Neighborhoods : Park Slope

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