Do you have less than a 20% down payment, but otherwise eligible to purchase a cooperative? Do you want to skip the board approval? If you answered yes to any of the above and do not want to deal with the uncertainty and headache of being approved by a board of directors, then Unit 64 at 402 Bay Ridge Parkway can be your next home!!! This apartment is a sponsor unit meaning there is no board approval. Agents gladly welcome – 2% co-broke to a buyer’s agent. Up to 95% financing is ok. Owner occupancy is above 50% so many banks can lend to the building. Apartment Essentials Address: 402 Bay Ridge Parkway, apt. 44, Brooklyn, NY 11209 1 bedroom, 1 bath facing Bay Ridge Parkway Sponsor sale, no board approval Price: $239,000 Buyer to pay transfer taxes of 1.4% and sponsor’s legal fees of approximately $3,000. Maintenance/Carrying Costs: $930/per month No current assessments on the apartment. Parquet hardwood floors throughout the apartment. Kitchen – Is windowed with Formica countertops, wood cabinets, GE dishwasher, Frigidaire Refrigerator and Hotpoint stove. Bathroom – Also windowed with bathtub, ceramic tiling, medicine cabinet, vanity, and toilet. Three closets total, including a walk-in closet in the master bedroom. Building and Neighborhood Features A) Live in super. B) Laundry in the basement. C) Cameras throughout the lobby and on every floor. D) The cooperative is centrally in Bay Ridge right off of 4 th Avenue and within walking distance of the R train at 77 th street. E) Parents purchasing for parents and parents purchasing for children is allowed. F) Pied-a-terre living situations will be considered. G) Trust ownership will be considered.
