I bought an apartment on Prospect Park South West a little under two years ago. I won't say where, but it's between 9th and 10th Avenue.
It's a small 2 bedroom, or large 1 bedroom with dining room. EIK, 4th floor, about 700 sq. I don't face the park. I face SW. So I get killer sunsets.
I bought for a shade under $400,000.
There's more to this, like laundry in the building, my own storage unit, 1/2 block to the F, low maintenance. I could get more specific, but general estimates should be fine for this conversation.
So, I've been thinking lately as I continually renovate the dang place. Did I overpay? Did I meet normal rates? Or did I underpay?
Feel free to share your thoughts.