567 Ocean Avenue, Brooklyn, NY, 11226

567 Ocean Avenue Apt: A-604
Brooklyn NY 11226

Cross street:Church Avenue

Building

Type:Low-rise
Era:Pre-war
Floors:8

Property

Ownership: Condo
Rooms: 2
Bedrooms: Studio
Bathrooms: 1
Pets: Pets Allowed

Financials

Price: $459,000
Common charges: $280
Real estate tax: $390
Financing Allowed: 90%
Minimum down: $45,900
578 Driggs Avenue Brooklyn, NY 11211
Courtesy of Charles Rutenberg, LLC

Description

This lovely studio overlooking a tranquil courtyard would be the perfect investment opportunity. Similar units rented between $2,100 and $2,200 generating a 3.7% cap rate. The building also qualifies for the Banks HomeRun program. As a primary residence the borrower will receive as little as 3% down payment with no PMI on a conventional mortgage, about 1% off current rates and $7,500 closing cost credit.
There are no income restrictions for these benefits.

The modern kitchen is equipped with marble countertops and backsplashes, custom cabinets, and high-end stainless appliances. The spacious bathroom has heated floors, a custom floating oak vanity, a Toto toilet, and a deep soaking tub. There are W/D hookup in the unit as well as ample closet space and a deeded storage unit in the basement.

567 Ocean Avenue is a luxurious new development condominium offering a fitness center, a bicycle room, a 24-hour Carson virtual doorman system, a pet spa, a party room, a children’s playroom, a lounge, and a pair of furnished outdoor spaces that include a serene courtyard as well as a spacious rooftop deck with incredible neighborhood and Manhattan skyline views. A few blocks from Prospect Park and less than a 30-minute subway ride into Manhattan. Nearby subway lines include the B/Q/2/5.

Amenities

Bike Room; Garage; Courtyard; Fitness Room; Nursery; Lounge; Roof Deck; Private Storage;

  • Washer Dryer Hookups
  • Courtyard
  • Elevator
  • Fitness Facility
  • Garage
  • Roof Deck
  • Virtual Doorman

Neighborhood

More listings:

This lovely studio overlooking a tranquil courtyard would be the perfect investment opportunity.

Description

This lovely studio overlooking a tranquil courtyard would be the perfect investment opportunity. Similar units rented between $2,100 and $2,200 generating a 3.7% cap rate. The building also qualifies for the Banks HomeRun program. As a primary residence the borrower will receive as little as 3% down payment with no PMI on a conventional mortgage, about 1% off current rates and $7,500 closing cost credit.
There are no income restrictions for these benefits.

The modern kitchen is equipped with marble countertops and backsplashes, custom cabinets, and high-end stainless appliances. The spacious bathroom has heated floors, a custom floating oak vanity, a Toto toilet, and a deep soaking tub. There are W/D hookup in the unit as well as ample closet space and a deeded storage unit in the basement.

567 Ocean Avenue is a luxurious new development condominium offering a fitness center, a bicycle room, a 24-hour Carson virtual doorman system, a pet spa, a party room, a children’s playroom, a lounge, and a pair of furnished outdoor spaces that include a serene courtyard as well as a spacious rooftop deck with incredible neighborhood and Manhattan skyline views. A few blocks from Prospect Park and less than a 30-minute subway ride into Manhattan. Nearby subway lines include the B/Q/2/5.

Amenities

Bike Room; Garage; Courtyard; Fitness Room; Nursery; Lounge; Roof Deck; Private Storage;

  • Washer Dryer Hookups
  • Courtyard
  • Elevator
  • Fitness Facility
  • Garage
  • Roof Deck
  • Virtual Doorman

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.