575 Ocean Avenue, Brooklyn, New York, 11226

575 Ocean Avenue Apt: 4-A
Brooklyn NY 11226

Cross street:Church Avenue

Building

Type:Low-rise
Era:Post-war
Floors:6

Property

Ownership: Co-op
Rooms: 6
Bedrooms: 3 BR
Bathrooms: 1.5
Pets: Pets Allowed

Financials

Price: $499,000
Maintenance: $906
Financing Allowed: 80%
Minimum down: $99,800

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578 Driggs Avenue Brooklyn, NY 11211
Courtesy of Compass

Description

Welcome to 575 Ocean Avenue Unit 4A. Located in Prospect Park South, this is a great affordable housing opportunity that would generally cost much more. It consists of a huge 3 bedroom, 1 1/2 bathroom apartment with over 1200 sqft of living space. In need of a makeover, this CoOp still holds tremendous value and an opportunity for the right buyer. Close to transportation, shopping, restaurants, schools, houses of worship and with just a short walk to Prospect Park, you cant ask for much more. A 20% minimum down payment is required and there is a 30% flip tax paid by the seller. . This is an HDFC cooperative with income restrictions- purchaser can not have made more than the amounts below in 2019 or 2020. Income limits are based on family size and only pertain to incoming buyers. . Family of 1 is $87,000 Family of 2 is $100,000 Family of 3 is $112,000 Family of 4 is $135,000 Family of 5 is $145,000 .

Amenities

  • Elevator
  • Voice Intercom

Neighborhood

More listings:

Welcome to 575 Ocean Avenue Unit 4A.

Description

Welcome to 575 Ocean Avenue Unit 4A. Located in Prospect Park South, this is a great affordable housing opportunity that would generally cost much more. It consists of a huge 3 bedroom, 1 1/2 bathroom apartment with over 1200 sqft of living space. In need of a makeover, this CoOp still holds tremendous value and an opportunity for the right buyer. Close to transportation, shopping, restaurants, schools, houses of worship and with just a short walk to Prospect Park, you cant ask for much more. A 20% minimum down payment is required and there is a 30% flip tax paid by the seller. . This is an HDFC cooperative with income restrictions- purchaser can not have made more than the amounts below in 2019 or 2020. Income limits are based on family size and only pertain to incoming buyers. . Family of 1 is $87,000 Family of 2 is $100,000 Family of 3 is $112,000 Family of 4 is $135,000 Family of 5 is $145,000 .

Amenities

  • Elevator
  • Voice Intercom

Neighborhood

More listings:

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.