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Key Details
Sold Price $465,000
Property Type Condo
Sub Type coops
Listing Status Sold
Purchase Type For Sale
Square Footage 1,213 sqft
Price per Sqft $383
Subdivision Flatbush
MLS Listing ID RLS10788614
Sold Date 08/10/22
Style Prewar
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Fees $906
HOA Y/N Yes
Year Built 1926
Property Sub-Type coops
Property 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.
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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.
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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
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Location
State NY
County Kings
Building Detail https://bhre.com/nyc/buildings/575-ocean-ave&sold-listing=true
Interior
Equipment Intercom
Fireplace No
Exterior
Private Pool No
Building
Story 6
New Construction No
Others
Pets Allowed Pets Allowed
Ownership Stock Cooperative
Monthly Total Fees $906
Pets Allowed Building Yes, Yes
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RLS Data display by Brooklyn Heights Real Estate