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Berkley Square, 1701 Albemarle Road, #C5

$950,000 | 3 beds, 1 bath
Building Profile  | 
78 days on Market

Key Details

  • Listed: Jun 21, 2024
    Days on Market: 78
    Building Type: Cooperative
    Neighborhood: Flatbush (Brooklyn)
    Doorman: FT Doorman
Monthly Maintenance: $635
Est. Monthly Mortgage: $4,759
Total Est. Monthly Carrying Cost: $5,394
Note: the above is based on a down payment of 20% ($190,000), which is the minimum amount permitted by the building.

Description

This purchase may qualify for a 5.875% 30-year fixed-rate loan!

Rare opportunity to own an efficiently designed three bedroom home in one of the area’s most sought-after pet-friendly co-op buildings!

As you enter, the first thing you will notice is a well laid out open-concept kitchen/living/dining set-up that is perfect for daily life and entertaining. The spacious and well-designed windowed kitchen has stainless steel appliances, quartz counter tops, under cabinet lighting, undermount sink, breakfast bar, and tons of counter and cabinet space. The massive living room has plenty of room to add a home office area, and is outfitted with a custom designed bookcase.

Adjacent to the living room, and right next to the kitchen, is a perfect spot for a formal dining table.

The primary bedroom has a huge corner window, as well as a second window, with northern and western views of leafy green trees and the Knickerbocker Tennis Club. The second and third bedrooms are both well-sized, and one of them is currently outfitted with a custom made Murphy bed. The bathroom is windowed, and has a nice vanity with plenty of storage and a quartz countertop.

Everything in this home was completely gut renovated in 2018 including brand new oak flooring, new wiring and plumbing, and new walls, doors, window casings, moldings and radiator covers.

There is also a coveted in-unit W/D, recessed lighting, and ceiling fans.

Berkley Square is an excellent co-op with lots of amenities and very strong financials. Extremely affordable maintenance, high value assets, and additional rental income make this is a very sound building in which to invest. Pets, including dogs, are allowed, and the building has brand new elevators, door attendants, a live-in super, a full-time porter, free bike storage, and a common outdoor space.

Extra storage is available for rent (possible waitlist) and parking is $125/month (waitlist). Conveniently located close to Prospect Park, the B and Q trains at Church Avenue, Cortelyou Road and Church Avenue amenities, and the newly revamped King’s Theatre. Less than a mile from the new Kensington Dog Run.

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Listing courtesy of Douglas Elliman Real Estate

Pricing History

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About Berkley Square, 1701 Albemarle Road

Building Amenities

  • FT Doorman
  • Pre War
  • Resident Storage
  • Elevator
  • On-Site Parking
  • Outdoor Entertainment Space
  • Bike Room
  • Live-In Superintendent

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Subways

  1. B
  2. Q
at Marlborough Rd 0.23 miles

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