It previously was on the market for a total of 442 days.
442 days on Market
Pricing History
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Previous Photos & Floor Plan
Key Details
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Listed: Jun 22, 2020Days on Market: 442Building Type: CooperativeNeighborhood: Clinton Hill (Brooklyn)Listing viewed 448 times
Monthly Maintenance:
$509
Est. Monthly Mortgage:
-
Mortgage calculator
Total Est. Monthly Carrying Cost:
$2,366
Note: the above is based on a down payment of 20% ($70,000),
which is the minimum amount permitted by the building.
Description
Situated in the landmark of the Clinton Hill historic district, this ground floor fixer-upper opportunity on tree-lined Cambridge Place is configured as 2 bedrooms, a windowed eat-in kitchen, a windowed living room and a full windowed bathroom. The apartment boasts 9’3" inch ceilings and east & west exposures. One washer & one dryer is allowed. Heat and water are included in the monthly maintenance.
0% of the monthly maintenance is tax deductible. No more than 2 medium size pets allowed. Prospective purchasers cannot own real estate elsewhere and purchase in the building. Must be a primary residence. Subletting is allowed for up to 2 years with board approval after 5 years of residency.
Bank financing is available. 90% financing is allowed. The building has 40 apartments, is well maintained, offers a live-in super, security cameras, a common backyard for grilling & relaxation in addition to a community room for rent. $10,000 went into repairing the gas boiler in 2019.
New front windows and repairs to the roof are planned for 2020. No monthly assessments nor an increase in the monthly maintenance are planned for these improvements. This is an HDFC co-operative.120 percent of AMI (Average Median Income) determines eligibility.
Maximum income for a family of one shall not exceed $89,640 family of two $102,480 family of three $115,320. Located around the corner from services along Fulton Ave and just 4 blocks from the Washington Street station for the A & C subway trains.
0% of the monthly maintenance is tax deductible. No more than 2 medium size pets allowed. Prospective purchasers cannot own real estate elsewhere and purchase in the building. Must be a primary residence. Subletting is allowed for up to 2 years with board approval after 5 years of residency.
Bank financing is available. 90% financing is allowed. The building has 40 apartments, is well maintained, offers a live-in super, security cameras, a common backyard for grilling & relaxation in addition to a community room for rent. $10,000 went into repairing the gas boiler in 2019.
New front windows and repairs to the roof are planned for 2020. No monthly assessments nor an increase in the monthly maintenance are planned for these improvements. This is an HDFC co-operative.120 percent of AMI (Average Median Income) determines eligibility.
Maximum income for a family of one shall not exceed $89,640 family of two $102,480 family of three $115,320. Located around the corner from services along Fulton Ave and just 4 blocks from the Washington Street station for the A & C subway trains.
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About 116 Cambridge Place
- Co-op
- Built in 1930
- 20 Apartments
- 5 Floors
Building Amenities
- Pre War
- Walk Up
- Intercom
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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.
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CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
All closed sales data has been provided by the New York City Department of Finance via the Automated City Register Information System (ACRIS). No warranty or representation is made as to the accuracy of any data provided by ACRIS or any other sources.
CityRealty is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please contact us at accessibility@cityrealty.com.
An equal housing opportunity 
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