1199 East 53rd Street, Unit 1L
Description
The minimum yearly income of the purchaser(s) must be 7x the annual maintenance payment. A minimum credit score of 675 will be considered. The applicant must reside within Kings Village as their PRIMARY RESIDENCE for a period of no less than 2 years. The applicant should not have a mortgage obligation for ANY OTHER RESIDENCE, than the one sought within Kings Village. The yearly total of all debt payments should not exceed 45% of the purchasers total yearly income. Total yearly income is determined by referring to the gross income shown on the purchasers Federal Income Tax return. There is a Capital Contribution of $1 per share payable by the purchasers, to Kings Village Corp., which is due at closing.
- Listed by Marcia Clarke • MC Realty Consulting & Mgt.Inc • Wait-List
Amenities
- Full-Time Doorman
- Common Garden
- Hardwood Floors
- Elevator
- Laundry in Building
- Garage
- No Pets
- Midrise
Property Details for 1199 East 53rd Street, Unit 1L
| Status | Active |
|---|---|
| MLS ID | 495401 |
| Days on Market | 104 |
| Taxes | - |
| Maintenance | $1,006 / month |
| Min. Down Pymt | - |
| Total Rooms | 4.0 |
| Compass Type | Co-op |
| MLS Type | Co-op |
| Year Built | 1966 |
| County | Kings County |
Building
Kings Village
Location
Building Information for 1199 East 53rd Street, Unit 1L
Payment Calculator
$2,285 per month
30 year fixed, 6.28% Interest
$1,279
$0
$1,006
Property Information for 1199 East 53rd Street, Unit 1L
- Pets YN: No
- Cross Street Name: Flatlands Avenue
- Cross Street Name: Avenue I
- Water Front Present YN: No
- Residential Features: Refrigerator, Stove, Other
- Type: Apartment
- Stock Certificate YN: Yes
- Management Company: AKAM
- Manager Phone: 718-241-4929
- Parking Attributes: Wait-List
- Fee Includes Assessment YN: No
- Financing: Bank Mortgage, Cash
- Flip Tax Fee: 6.0
- Flip Tax Fee Type: %
- Assessment Fee: 258.0
- Sq Ft Total: 752
- Co Op Shares: 315.0
- Heat Delivery: Steam/Radiator
- AC Units: 0
- Utilities: Gas, Heat
- Baths Three Quarter: 0.0
- Baths Total Level 1: 1
- Baths Total Level: 0
- Total Rooms: 4
- Flooring: Hardwood
- Building Amenities: Door – Intercom
- Unit Number: 1L
- Room Count: 5
- Baths Total Level: 0
- Baths Total Level: 0
- Beds Total Level: 2
- Beds Total Level: 0
- Beds Total Level: 0
- Beds Total Level: 0
- Handicap Access YNU: Yes
- Room Type: Bedroom
- Room Level: First
- Room Type: Bedroom
- Room Level: First
- Room Type: Living/Dining Combo
- Room Level: First
- Room Type: Bathroom
- Room Level: First
- Room Type: Kitchen
- Room Level: First
- Building Type: Detached
- Total Units: 79
- Rooms Total Level 1: 4
- Rooms Total Level 2: 0
- Floor Number: 1
- Rooms Total Level: 0
- Rooms Total Level: 0
- Bank Finance YNU: Yes
- Owner Occupied Units Sold Type: %
- Sale Type: Arm's Length
- Sub Lease YN: No
- Owner Occupied: No
- Owner Occupied Units Sold: 51.0
Property History for 1199 East 53rd Street, Unit 1L
| Date | Event & Source | Price |
|---|---|---|
| 08/31/2025 | Listed (Active) BKMLS #495401 | $258,900 |
| 11/13/2024 | Temporarily Off Market BKMLS #486301 | $282,900 |
| 11/13/2024 | Contract Signed BKMLS #486301 | — |
| 09/26/2024 | Listed (Active) BKMLS #486301 | $282,900 |
| 03/10/2005 | $119,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1199 East 53rd Street, Unit 1L
Schools near 1199 East 53rd Street, Unit 1L
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 2 |
Rating | School | Distance |
|---|---|---|
P.S. 251 Paerdegat PublicPK to 5 | ||
Jhs 78 Roy H Mann Public6 to 8 | ||
Midwood High School Public9 to 12 | ||
P.S. 326 PublicPK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of MC Realty Consulting & Mgt.Inc
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.