NOTE THAT THE UNIT IS CURRENTLY BEING OCCUPIED WITH A TENANT IN PLACE. MONTHLY RENT IS $1,350. 5% cap rate at the initial $199,000 asking price. The board of directors has approved prior applicants that are purchasing the apartment with an existing tenant in place. Apartment Essentials: Address: 2727 Ocean Parkway, apt. C6, Brooklyn, New York 11235 Price: $209,000 Down payment is 20%. Bedroom: 0 Bathroom: 1 Maintenance/Carrying Costs: $390.30/month. Includes heat, hot water, taxes, insurance, and cooking gas. Sublet fee: $78.06 Approximate Square Footage: 500 Pet friendly If the apartment is vacant, sublets are allowed with board approval after 1 year. Apartment Features: 1 room studio with an office/den facing the interior of the building making it a quiet apartment. Parquet wood flooring throughout the living room area. Bathroom has a window, bathtub, sink, toilet and is tiled up to the ceiling. 3 closets. There is an indoor and outdoor parking garage. The board keeps the list. Building and Neighborhood Features A) One of the premier cooperative buildings along Ocean Parkway on a quiet block and right across from Coney Island Hospital. 10-minute walk to Brighton Beach Avenue and the Ocean. Walking distance to the B and Q trains at Brighton Beach Avenue, the B1 and B68 bus stops are nearby. B) Newly renovated lobby. C) Newly installed laundry room facilities D) Live-in super. E) Building has fob key security entrance, new intercom system, and updated hallways. F) Security cameras throughout the building and on each floor. G) The cooperative is centrally located in Manhattan Beach with convenient access to food, shopping, restaurants, movie theaters, parks, public transportation (B and Q trains, B49 and B1 buses) and major highways H) Professional management company managing the building.