575 Ocean Avenue, Unit 4A

$465,000
Last Sold Price
3
Beds
1
Bath
1
1/2 Bath
1,213 Sq. Ft.
$383 / Sq. Ft.
1,213
Sq. Ft.
$383
per Sq. Ft.

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%...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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Amenities

  • Crown Mouldings
  • Hardwood Floors
  • High Ceilings
  • Elevator
  • Washer / Dryer Not Allowed
  • Galley Kitchen
  • Southern Exposure
  • Western Exposure

Location

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LISTING UPDATED: 08/10/2022 09:39 AM

Property Details for 575 Ocean Avenue, Unit 4A

StatusSold
Days on Market88
Taxes-
Maintenance$906 / month
Min. Down Pymt20%
Total Rooms6.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1926
CountyKings County

Building

575 Ocean Ave

63 Units6 StoriesBuilt in 1926

Location

Add your commute

Virtual Tour

Building Information for 575 Ocean Avenue, Unit 4A

Building/Complex575 Ocean AveFloor4Stories6Residences63Pet Policy-Year Built1926Building AgePre-warBuilding TypeLowrise

Payment Calculator

$3,444 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,538

Property Taxes

$0

Maintenance/Common Charges

$906

The Payment Calculator is for illustrative purposes only.

Property History for 575 Ocean Avenue, Unit 4A

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 575 Ocean Avenue, Unit 4A

Taxable ValueLand-Additions-Total-
Home Facts
APN3051010029

Schools near 575 Ocean Avenue, Unit 4A

This home is within Nyc Geog District #22 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 889
PublicPK to 3

Ms 246 Walt Whitman
Public6 to 8

Brooklyn College Academy
Public9 to 12

Middle 890
Public6 to 8

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.

Similar Homes

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Similar Sold Homes

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