575 Ocean Ave Unit 4B, Brooklyn, NY 11226

Property Description

Spacious & Bright One-Bedroom HDFC Cooperative in Flatbush Welcome to this generously proportioned one-bedroom great value, one-bathroom HDFC cooperative offering a classic pre-war layout, abundant natural light, and plenty of room to make the space your own. Located on the 4th floor of an elevator building, Apartment 4B features desirable southern and western exposures with open neighborhood views. The oversized living room offers excellent flexibility for separate living, dining, and work-from-home areas, while the spacious bedroom easily accommodates a full bedroom setup with room to spare. The apartment retains charming pre-war details including hardwood and tiles floors, high ceilings, and generous room proportions. A separate, windowed eat-in kitchen provides ample cabinetry and workspace, while the windowed bathroom features a full-size soaking tub. Multiple closets throughout the apartment provide valuable storage. This is a wonderful ownership opportunity for an income-qualified purchaser looking to build equity and own a spacious home at an attractive price point. The seller is seeking an all-cash purchaser. HDFC Income Restrictions - This is an HDFC cooperative with income restrictions. Purchaser(s) may use the 2026 120 percent AMI limits below as a guide. Actual income eligibility should be independently confirmed based on the cooperative's requirements. 1 Household: $142,560 2 Household: $162,840 3 Household: $183,240 Income restrictions apply to incoming purchasers. There are no stated restrictions on assets or future income once you become a shareholder. Building & Purchase Details The cooperative consists of 63 units, and the apartment represents 250 cooperative shares. The building has a live-in superintendent. This apartment must be used as the purchaser's primary residence. Gifting toward the purchase price is permitted. While the cooperative permits financing of up to 80 percent of the purchase price, the co-op is currently seeking an all-cash offer. Dishwashers are permitted with board approval, and pets are considered on a case-by-case basis. A terrific opportunity for an income-qualified all cash offer seeking a large, bright one-bedroom with an excellent layout, classic pre-war character, and long-term ownership potential. Please contact me for viewing information.