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Welcome to 920 E 17th St APT 411, an exquisitely renovated 1-bedroom cooperative apartment that perfectly balances historic charm with modern sophistication. Nestled in the prestigious Terrace Gardens Plaza, this 750-square-foot home represents a rare opportunity in Brooklyn's thriving Midwood neighborhood, offered at an attractive price point.
A Testament to Timeless Design and Modern Innovation
The moment you step into this thoughtfully renovated 1948 cooperative, you'll appreciate how careful updates have preserved its mid-century character while incorporating contemporary conveniences. The home showcases:
Sophisticated Living Spaces
- Impressive 9-foot ceilings that create an open, airy atmosphere
- Elegant hardwood floors throughout
- A welcoming foyer flowing seamlessly into a sunken living room
- Abundant natural light that brightens every corner
Modern Kitchen and Dining
- Contemporary eat-in kitchen with sleek appliance package
- Carefully planned layout for optimal functionality
- Modern cabinetry providing generous storage
- Perfect space for both everyday meals and entertaining
Spacious Private Retreat
- King-sized bedroom with ample closet space
- Updated full bathroom featuring modern fixtures
- Flexible layout to accommodate various furniture arrangements
- Serene atmosphere ideal for relaxation
The Terrace Gardens Plaza Experience
This prestigious building has recently undergone significant improvements to enhance resident comfort and convenience:
Building Updates and Security
- Newly renovated lobby showcasing contemporary design
- Updated elevator system with enhanced accessibility
- 24-hour security with part-time doorman service
- Full-time doorman service during Shabbat
- Dedicated live-in superintendent
Lifestyle Amenities
- Well-maintained laundry facilities on-site
- Convenient bike storage room
- Parking garage (waitlist available at $120/month)
- Serene park-like courtyard with comfortable seating areas
- Pet-friendly environment welcoming your four-legged family members
Midwood: A Neighborhood Rich in History and Culture
Midwood, derived from the Dutch "midwout" meaning "middle woods," has evolved from its forested origins into a vibrant multicultural community. The neighborhood has been home to notable figures including Supreme Court Justice Ruth Bader Ginsburg and Congresswoman Shirley Chisholm, speaking to its legacy of fostering influential residents.
Community and Convenience
- Diverse cultural atmosphere with strong Jewish, Russian, and Pakistani influences
- Top-rated educational institutions including Midwood High School
- Excellent public transportation with Q, B, and F subway lines
- Express bus service (BM3) to Manhattan
Local Lifestyle
- Exceptional dining options from kosher delis to international cuisine
- Specialty shopping including Pomegranate Supermarket
- Boutique retail along Kings Highway and Avenue J
- Easy access to Prospect Park and Marine Park
- Regular cultural events and community gatherings
Market Insights: A Smart Investment Choice
The Midwood real estate market shows strong potential for appreciation, with median home values projected to rise from $803,000 to $840,000 through 2024 - a 4.6% increase. At $385 per square foot, 920 E 17th St APT 411 presents exceptional value compared to the area's median of $577 per square foot for similar properties.
Financial Advantages
- Competitive purchase price of $288,888
- Below-market price per square foot
- Low monthly maintenance of $840 (includes heat, gas, and water)
- Median area rent of $2,400/month suggests strong rental potential
- Recent renovations eliminate the need for immediate updates
Value Comparison
| Property Feature | 920 E 17th St APT 411 | Midwood Median (1BR) |
|---|---|---|
| Price | $288,888 | $348,921 |
| Price/sqft | $385 | $577 |
| Monthly Fees | $840 | $900-$1,200 |
| Condition | Fully Updated | Mixed |
The Robert DeFalco Realty Advantage
With over 50 years of experience in Brooklyn real estate, Robert DeFalco Realty brings unparalleled expertise to your home-buying journey. Our team of professionals will guide you through:
- Securing optimal financing options
- Navigating the co-op board requirements
- Understanding market trends and property value
- Completing a smooth closing process
How to View 920 E 17th St APT 411, Brooklyn NY 11230
- Contact: Teresa Carmona of Robert DeFalco Realty at (718) 987-7900
- Agency: Robert DeFalco Realty
- View the listing page for this cooperative apartment located at 920 E 17th St APT 411, Brooklyn NY 11230
Don't miss this opportunity to own a piece of Brooklyn's vibrant Midwood neighborhood in the prestigious Terrace Gardens Plaza. This meticulously renovated home offers the perfect blend of value, comfort, and community. Schedule your viewing today to experience firsthand why 920 E 17th St APT 411 represents one of Midwood's most compelling real estate opportunities.
Posted by Robert DeFalco on
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