280 Dean Street unit 5 brooklyn, ny 11217




FIRST TIME AVAILABLE IN 44 YEARS!
THE APARTMENT IS IN “ESTATE CONDITION” AND REQUIRES COMPLETE RENOVATION.
HDFC Cooperative with income restrictions set at 120% of Area Median Income (AMI)--this is based on buyer’s income on their two (2) most recent tax returns and current paystubs. Both years must be below the income limit stated above.
Family of 1- $136,080
Family of 2- $155,520
Family of 3- $174,960
APARTMENT
The apartment is located on the “ground” floor of the building and receives wonderful southern sunlight from 8:30am to 4pm every day.
Windows are new.
BUILDING
This HDFC cooperative consists of 25 units—all units are owner occupied and the building is self managed with an active board.
With approval, the building allows: pets, restricted subletting, in-unit washer/dryer, dishwasher, gifted down payments, cash purchases and mortgage financing.
This apartment must be used as the buyer’s primary residence.
A flip tax of 20% is paid by the seller upon sale and is calculated as:
((sale price minus purchase price) times 20%).
NOTE: Renovations costs are not included in the flip tax calculation.
ADDRESS.......……...280 Dean Street
NEIGHBORHOOD.....Boerum Hill (Brooklyn)
PRICE....................$350,000
MAINTENANCE....$576/mo
BEDROOMS................1
BATHROOMS..............1
SQUARE FEET............446
NOTES
HDFC COOPERATIVE
COMPLETE RENOVATION NEEDED
GROUND FLOOR
GREAT SOUTHERN LIGHT