This renovated Park Slope townhouse has most of the makings of a dream home, and the price of $1.1 million—for the condition and neighborhood—is more than competitive. (It's even had a recent price cut.) But, as is typically the case, there's a catch—and for many people, it's likely a deal breaker.

While 153 16th St. is chic on the inside, and on a cute block, it's flanked by a driveway on one side, and a parking lot in the rear, so there's no yard, and that means there are people parking directly outside your bedroom on lower floor. Less than ideal.

But if you're looking for an affordable house—it has two bedrooms and two bathrooms—this could be it. There are no monthlies, like you would have in a co-op or condo, and the taxes are low at $1,247 annually.

If you used the second bedroom as an office, as the current owner appears to have done, you wouldn't be bothered (as much) by cars pulling around the side of the house and parking a few feet (or inches) away.

The living room looks nice and bright and there are built in shelves for display and storage.

One the basement level, the chef's eat-in kitchen has custom cabinetry and high end appliances. The bedroom that's currently used as an office is on this floor

The lower level also has a nicely renovated bathroom and laundry room.

On the second floor, the master bedroom features two exposures and treetop views.

The master bedroom has an en suite bath and walk-in dressing room.

For conveniences and fun, the house is well-located, with shopping, restaurants and bars along 4th and 5th avenues. For transportation, the R is around the corner at Prospect Avenue.