650 51st ST #1 Active Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11220
Key Details
Property Type Condo
Sub Type Coop
Listing Status Active
Purchase Type For Sale
Square Footage 1,500 sqft
Price per Sqft $566
MLS Listing ID 492444
Bedrooms 3
Full Baths 2
Maintenance Fees $200
Year Built 1905
Annual Tax Amount $1,450
Property Sub-Type Coop
Property Description
This prime Sunset Park duplex unit is about 1500 sf consisting of 3 spacious bedrooms and 2 full bathrooms which includes half portion of the basement. The 1st floor has 2 bedrooms, 1 bathroom, living, dining, laundry and kitchen. The high ceiling basement has extra space and a bathroom. There are hardwood floors throughout the unit with large Anderson Windows and 9 feet high ceilings. Whole building was gut renovated in 1996. Roof was done not long ago. This unit will allow having some shared basement storage area and half of the backyard to grow summer vegetables or quiet enjoyment. It is in the area of Maimonides Medical Center, also within a short distance of all transportation, shopping, restaurants, and great schools. Close to 8th Ave & 5th Ave. The building is operated by Housing Preservation and Development (HUD). Buyer must meet the income requirements, and the household assets must not exceed the Asset Limit (which is 175% of AMI for a household of four or $198,975 per HPD's). Please check their website (https://www1.nyc.gov/assets/hpd/downloads/pdfs/services/asset-and-property-limits.pdf) The income guidelines including minimum requirement can be found on HPD website (https://www1.nyc.gov/site/hpd/services-and-information/do-you-qualify). Please request showing if you meet both minimum and maximum income requirements as per 120% AMI listed on HPD website. Each shareholder must live in their unit as their primary residence. The building is managed by HDFC, LLC formatted by the shareholders. Future owners have to do the same.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Exterior
Utilities Available Heat,Water
Amenities Available NONE
Handicap Access No
Others
Pets Allowed 1
Financing 1031 Exchange,Bank Mortgage,Cash
Pets Allowed See Agent