575 Ocean Avenue, #4-B, Brooklyn, NY 11226

$350,000
Active for Sale
1 Beds
1 Baths
666 SF
 
Listing ID 11725618
Property Type Coop
Maintenance $500
County Kings
Neighborhood Flatbush
Unit 4-B
FEMA Flood Map fema.gov/portal
   
Virtual Tour
HDFC Cooperative with Income Restrictions This is an HDFC cooperative with income restriction. Purchaser(s) to use the 2025 (120% of AMI) amounts below as a guide. The actual income restriction may vary. Income are based on family size and only pertain to incoming buyers; there are no restrictions on the assets or future income after you become a shareholder/owner. Family of 1 is $136,080 Family of 2 is $155,520 Family of 3 is $174,960 Apartment Details: This is for 250 shares of a cooperative. Big 1-bedroom/1-bathroom apartment in Flatbush has Southern and Western exposures. The apartment has good bones and a spacious layout with an eat-in kitchen, living room, plenty of closet space and bathroom with soaking tub. 4B is located on the 4th floor of this pre-war elevator building. Building Details: This HDFC cooperative consists of 63 units and has sufficient savings along with no planned assessments. This apartment must be used as the owner s primary residence. Gifting of down payment or purchase price is allowed. Bank financing (mortgage) of up to 80% of the sale price is allowed. Dishwashers are allowed upon board approval. The super lives in the building. Pets are allowed on a case by case basis. This is a 70/30 building. Upon the resale of a unit the seller keeps 70% of the profit and the building gets 30%; this is calculated as (Sales Price minus Purchase Price) times the Percentage. Please email me for the 3D Tour and to find out more information. I look forward to hearing from you!
Property Details
  • 1 Total Bedrooms
  • 1 Full Bath
  • 666 SF (AG)
  • Unit 4-B
  • Available 4/22/2026
Interior Features
  • 3 Rooms
Exterior Features
  • City View
Community Details
  • Low-rise (Bldg. Style)
  • Pets Allowed
  • Elevator
Taxes and Fees
  • $500 per month Maintenance
Listed By
FIND Real Estate
Office: 212-300-6412
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