Unique, transforming two-bedroom apartment less than half a block from Prospect Park.  Not your typical apartment!  An architect took a traditional two-bedroom apartment and redesigned it to be much smarter.  As the pictures show, when the moveable walls are tucked away, the separate spaces of the kitchen/dining area, the living room and the bedroom are transformed into one huge space.  What makes this smart spatially, is that you get an enormous living space by day when you need it, and at night, you get quiet, more intimate rooms.  From a financial point of view, its smart because youre only paying the price of a modest two-bedroom apartment but youre getting a kitchen/dining/living space the size of which you would typically find in a three or four bedroom apartment.  A family of four lived in this apartment comfortably for four years.  A critical component of how the apartment transforms is the fold-down bed.  Its a high-end, Italian-designed/German-made bed with hydraulic mechanisms that make moving it up or down effortless.  Another key feature of the space is a very long wall of closets.  There is more storage here than in most places three times the size.  The kids bedroom has room for two beds and theres plenty of storage there too.  The bathroom has an extra large sink with two faucets and a Bosch washer/dryer.This third-floor walk-up apartment, zoned for P.S. 321, was recently gut-renovated.  All the electrical and the plumbing were completely redone.  Sound insulation was installed in the ceiling and new floors were put down.  New energy-star windows were installed as well as new, thin-profile, radiators.  High-end kitchen appliances include a Miele cooktop, Miele stove, Miele range hood (properly vented to the outside) and a Bosch super-quiet dishwasher.The eight-unit coop has no underlying mortgage and is well managed.  There is a large roof deck with stunning views.  The basement has private storage lockers of about 60 sq. ft. for each apt. at no charge.  There is also free bike parking in the basement with direct access from the street.  The building has a new boiler, and new hot water tanks.  The roof was redone very recently.  A renovation of  the common spaces of the coop is scheduled for this spring with no assessment necessary (there is a strong reserve fund).  The renovation  includes new carpets, lighting and painting of the common spaces.   Pets allowed.   Owner Agent.Stellar location half a block away from Prospect Park, the Grand Army Plaza Greenmarket.  The Botanic Garden is nearby.  Close to 2 3 B Q subways.  Lots of shops and restaurants on 7th avenue, one and a half blocks away.