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  • $225,000

    402 Bay Ridge Pkwy APT 64, Brooklyn, NY 11209

    1beds
    700sqft
    Coop
    Built in 1925
    -- sqft lot
    $261,800 Zestimate®
    $321/sqft
    $2,042 Estimated rent

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    $2,042/mo

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    $2,042/mo

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    $1,886/mo

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    $1,886/mo

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    What's special

    Motivated owner - will take a lower price now that interest rates are rising. Cash deals will get a larger discount off the asking price! Do you have less than a 20% down payment, but otherwise eligible to purchase a cooperative? Do you want to skip the board approval? Are you looking for a top floor apartment in Bay Ridge? 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 top floor 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. 64, Brooklyn, NY 11209 1 bedroom, 1 bath facing Bay Ridge Parkway Sponsor sale, no board approval Price: $249,000 Buyer to pay transfer taxes of 1.4% and sponsor’s legal fees of approximately $3,000. Maintenance/Carrying Costs: $935.99/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 4th Avenue and within walking distance of the R train at 77th 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.

    Zillow last checked: 8 hours ago

    Listing updated: March 05, 2025 at 11:22am

    Listed by:

    Thomas Lipovetsky,

    Thomas Lipovetsky, LREB

    Source: StreetEasy,MLS#: S1621213

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Appliances
    • Laundry: Inside
    Features
    • Flooring: Hardwood
    Interior area
    • Total structure area: 700
    • Total interior livable area: 700 sqft

    Property

    Details
    • Parcel number: 059410006314875364
    • Special conditions: Sponsor Unit

    Construction

    Type & style
    • Home type: Cooperative
    • Property subtype: Coop
    Condition
    • Year built: 1925

    Community & neighborhood

    Location
    • Region: Brooklyn
    • Subdivision: Bay Ridge

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $935 monthly
    • Amenities included: Laundry
    • Services included: Maintenance