August 14, 2015

Elegant Brownstone in Sleepy South Slope Asks $2.65M

The Brooklyn neighborhood of Greenwood–with Park Slope to the north and Sunset Park to the south–has become a top choice for buyers priced out of other headline-stealing neighborhoods. It retains its somewhat sleepy old-Brooklyn feel, while enabling residents to stay in the loop with an ever-growing roster of amenities–including those in nearby Park Slope, Gowanus and Red Hook. The area is convenient, transit-wise; Prospect Park is its northeast border, and adjacent Green Wood Cemetery is one of the city's most treasured green spaces. South Slope itself has seen a precipitous price leap as it has gone from being a dodgy lower annex to merely a more laid-back option. And homes in Greenwood are no longer the "steal" they once were, but they are still expected to be considerably less costly than their northern counterparts. The row of stately four-story 19th century brownstones that includes 228 17th Street seems almost out of place among the eclectic mix of wood-frame, vinyl-sided and brick homes, larger townhouses and apartment buildings, some of them with modern renovations (plus the unavoidable march of new construction), that give both South Slope and Greenwood their laid-back feel. But variety is certainly welcome here. The home was first listed in April with Brooklyn Properties for $2.95 million, reduced to $2.750 million shortly thereafter, delisted in July, then listed anew in the able hands of Halstead at its current ask.
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