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567 Ocean Avenue, #A604

Listing no longer available on CityRealty as of Oct 2, 2023
It previously was on the market for a total of 180 days.
Last Sold on Oct 21, 2021 for $430,000
Studio, 1 bath | Approx. 410 ft2
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180 days on Market

Pricing History

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Key Details

  • Listed: Apr 5, 2023
    Days on Market: 180
    Building Type: Condominium
    Neighborhood: Prospect Park South (Brooklyn)
    Listing viewed 201 times
Monthly Common Charges: $280
Monthly Real Estate Taxes: $390
Total Taxes & Fees: $670 ($1.63/ft2)
Est. Monthly Mortgage: -
Total Est. Monthly Carrying Cost: $3,125 ($7.62/ft2)
Note: the above is based on a down payment of 20% ($89,800), which is the minimum amount permitted by the building.

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.

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Apartment Amenities

  • Eastern Exposures

About 567 Ocean Avenue

Building Amenities

  • Resident Storage
  • Garden
  • Rooftop Terrace
  • Elevator
  • Mail Room
  • Party Room
  • Children's Playroom
  • Lounge
  • Fitness Center
  • On-Site Parking
  • Courtyard
  • In-Unit Washer/Dryer
  • Bike Room
  • Terraces / Balconies
  • Virtual Doorman

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