Primary on Main
575 Ocean Avenue # 4A Brooklyn, NY
$ 499,000
Property Attributes
  • MLS#457318
  • TypeCo-Operative
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodFlatbush
  • Zip11226
  • StyleApartment
  • Price$ 499,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1213
Listing Provided Courtesy Of:
Gregory Valvo with Compass Greater NY, LLC
Data Source:
Brooklyn MLS (BNYMLS)
Property Description

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. The building is 100% owner occupied so there is no subletting allowed. A 20% minimum down payment is required and there is a 30% flip tax paid by the seller. 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. 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

Price History
11/19/2021 Listed $499,000

General Features

Borough Brooklyn
Building Type Attached
Co Op Shares 250.00
Floor Number 4
Flooring Hardwood, Linoleum, Tile
MLS Area Flatbush
Maintenance Common Fee 906.00
Pets Allowed Yes
Pets Allowed Y/N Both Cats & Dogs, Negotiable/Call Agent, See Agent
Project 575 Ocean Ave
Property Type Residential
Residential Features A/C Unit - Window, Elevator, Refrigerator, Stove
Sub Type Coop
Type Apartment
Unit Number 4A
Utilities All

Interior Features

Ac Units 4
Baths Total Level 1 2.00
Baths Total Level 2 0.00
Baths Total Level 3 0.00
Baths Total Level 4 0.00
Beds Total Level 1 3
Building Amenities Resident Superintendent
Full Baths 1
Half Baths 1
Room Count 8
Rooms Total Level 1 6
Total Rooms 6
Total Units 63

Exterior Features

Parking Attrib None


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Co-Operative Average in 11226

AVG $510K
AVG 10
Year Built
AVG 1951
AVG 95
Data Provided by Walkscore ® not using MLS data

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