575 Ocean Avenue, #6-E, Brooklyn, NY 11226

HDFC Cooperative with Income RestrictionsThis is an HDFC cooperative with income restriction. Purchaser(s) cannot have made more than the amounts below in 2021 (120% of AMI). Income limits are based on family size and only pertain to incoming buyers; there are no restrictions on the assets or future income after you become a shareholder/owner.Family of 1 is $100,320Family of 2 is $114,600Family of 3 is $128,880Apartment Details:This is for 250 shares of a cooperative. Big 1-bedroom/1-bathroom apartment in Flatbush has Southern and Western exposures. The apartment has good bones and a spacious layout with an eat-in kitchen, living room, plenty of closet space and bathroom with soaking tub.6E is located on the 6th floor of this pre-war elevator building.Building Details:This HDFC cooperative consists of 63 units and has sufficient savings along with no planned assessments.This apartment must be used as the owner s primary residence. Gifting of down payment or purchase price is allowed. Bank financing (mortgage) of up to 80% of the sale price is allowed. Dishwashers are allowed upon board approval. The super lives in the building.Pets are allowed on a case by case basis.This is a 70/30 building. Upon the resale of a unit the seller keeps 70% of the profit and the building gets 30%; this is calculated as (Sales Price minus Purchase Price) times the Percentage.Please email me for the 3D Tour and to find out more information. I look forward to hearing from you!