EIGHTH AVENUE

EIGHTH AVENUE, PARK SLOPE HISTORIC DISTRICT, BROOKLYN

Completed Fall 2018

Developer: Parker Sterling, LLC

4) unit rental building converted to 4) luxury condominiums; as the Owner’s first development

THE CONDOMINIUMS

Unit 1     First Floor and Cellar, with private deck and yard; 1,815 SF

    2) bedrooms, 2 1/2) baths; Master ensuite

    Sold at: $1.8 million

Unit 2     Second Floor; 1,013 SF

    2) bedrooms, 1) bath; un-renovated

    Retained by the developer

    Currently rented

Unit 3     Third Floor; 1,013 SF

    2) bedrooms, 1) bath; un-renovated

    Sold at: $1.15 million

Unit 4     Fourth Floor, with private roof deck; 1,103 SF

    3) bedrooms, 2) baths; Master ensuite

    Sold at: $1.4 million

THE VALUE ADDED

Converted the Storage Cellar into livable, sellable square footage; connected to the First Floor apartment

Connected the new Cellar Living Spaces to the private rear yard

Converted the unused roof into a private recreation deck with city views

Installed individual heating, cooling and hot water systems with monthly costs paid directly by the condominium owner or the rental tenant

Provided a washer and dryer in each condominium