BUY OF THE WEEK

By SUZANNE HAMLIN

DITMAS PARK CO-OP

Address: 221 East 18th Street , #4E (between Beverley and Albemarle Roads)

Price: $275,000

The Property: A one-bedroom one-bath co-op with a large foyer, eat-in kitchen and dining area in a prewar elevator building. The apartment was recently painted, the parquet floors refinished and new stainless steel appliances installed. On a residential street, the building is close to Prospect Park and subways. The monthly maintenance is $640.

Why is it a buy: The 1940 building converted to a co-op in the 1980s and is more than 50 percent owner-occupied. Because this unit is a sponsor sale, the down payment is only 10 percent, and no board approval is needed. The apartment was listed in June for $334,395, and similar apartments in the area have recently sold for up to $300,000.

Best Feature: A classic prewar apartment, the unit has five closets, a built-in bookcase, arched doorways and a spacious bathroom with a separate shower stall and bathtub. At 975 square feet, it is unusually large for a one-bedroom apartment. The foyer, as large as many contemporary living rooms, could easily become an office.

Agent: Jan Rosenberg, Brooklyn Hearth Realty (718) 856-3572; Open house Sunday, Dec. 11, 2008, 12 to 1:30 p.m.

01.11.09