Asked by T, Brooklyn, NY • Wed May 8, 2013
We are currently renting a south-facing, top-floor apartment in a pre-war brick building on 4th street in Park Slope. The unit has 1 bed, 1 bath, and a nice open plan. The rent is $2400/mo. Our landlady has decided to sell the place and says it is likely to fetch upwards of $500,000 on the open market, but is offering it to us at $460,000, firm. Location is great, natural light is great, building is financially sound... only thing is, at 460 sq feet it's not very big (though the space is well planned). Should we take it? Is that a fair price for a 1-bed in Park Slope these days?
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