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For Sale

$295,000

425 E 26th St Apt 3E, Brooklyn, NY 11226

  • 1Bed
  • 1Bath
  • 725SqFt
  • 1Bed
  • 1Bath
  • 725SqFt
  • Property Type
    Co-op
  • Year Built
    1962
  • HOA Fees
    $754/mo
  • Price per Sqft
    $407
  • On highrises
    14 Days

Property Details

Agents welcome. We co-broke. 2% to a buyer's agent. Seller is offering 6 month maintenance credit. Apartment Essentials Address: 425 East 26th Street, apt. 3E, Brooklyn, New York 11226 Sponsor sale, no board approval Price: $295, 000 There is a preferred lender to purchase the cooperative. This building qualifies for a .5 percent (1/2) interest rate reduction from the preferred lender. Preferred lender has access to a $10, 000 grant for 1-2 people household with the following annual salary limit of $135, 552. There is a potential second grant which will pay up to 20% of the purchase price (300, 000 sale X 20% would be a $60, 000 grant). Income restricted income of $79, 200 for one person and $90, 500 for a two person household. All grants are subject to housing counseling and subject to the banks underwriting criteria to qualify. Buyer to pay transfer taxes of 1.4% and sponsor's legal fees of approximately $3, 000. Bedroom: 1 (Can be easily converted to a Junior 4) Bathroom: 1 Maintenance/Carrying Costs: $754.62/per month Approximate Square Footage: 725 No flip tax upon sale Parquet hardwood floors throughout. Separate pass-through kitchen with Cesar-stone countertops, updated soft close cabinets, subway tile backsplash, and stainless steel appliances (GE stove, whirlpool dishwasher, Beko fridge). All the appliances are brand new and have never been used. Bathroom - Contains a bathtub, American Standard toilet, vent, and updated vanity and medicine cabinet with overhead lighting. Master bedroom has double closets. Five closets total of which two are step in closets. All rooms face the front of the building with western exposures. Other extras: Sunken living room, updated intercom system, baseboard moldings, entry foyer, A/C sleeves. Building and Neighborhood Features A) Live in super B) Modern renovated lobby C) Cameras throughout the lobby D) Laundry room facilities E) Double pane windows F) The cooperative is centrally located in East Flatbush, 2 blocks to the 2 and 5 trains. Walking distance to Brooklyn College and Target. G) Parents purchasing for parents and parents purchasing for children is allowed H) pied-a-terre living situations will be considered.

Property Features

Bedrooms

  • Bedrooms: 1
  • Presented by:
  • Gary Melamed

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