It's common knowledge that the biggest barrier to home ownership for the middle class in NYC is that hefty 20% down payment - but what if I told you that I've found a co-op building in Crown Heights, Brooklyn that is making home ownership available for as low as just 5% down?
That's right - you can own this 2BR home for less than it would cost you to rent!
With just a $23,500 down payment, you can own this home in bustling Crown Heights, Brooklyn for less than what it would cost you to rent, while leveraging the bank's money to build yourself equity and stabilize your living situation.
Is this what your Brooklyn real estate dreams are made of?
Then keep reading and DEFINITELY watch the video for my info!
112 Schenectady Avenue is an 820sf 2 bedroom 1 bath unit on the parlor level of the Maynard. As you can see in the photos and video, it offers a generous light-filled living room with separate dining area, renovated kitchen with pass-thru and eating counter plus one full bath. Among its amenities are in-unit laundry, wait-listed parking and it's well-located on a park block.
The bustling, vibrant Crown Heights community is best-known for its beautiful parks, coffee shoppes, trendy restaurants, eateries and rich culture.
Curious to know if you're eligible? It takes 30 seconds to find out! Let's talk! I've sold several units in this complex and understand the building's unique complexities and what it takes to make a deal work with both the co-op board and HDFC.
Note: The purchaser's household annual income and assets are capped according to apartment size and number of household occupants.
Sold for $450,000
Street View
$450,000
112 Schenectady Ave APT 212, Brooklyn, NY 11213
2beds
820sqft
Cooperative
Built in 1921
-- sqft lot
$493,900 Zestimate®
$549/sqft
$3,096 Estimated rent
Home value
$493,900
$449,000 - $543,000
$3,096/mo
Zestimate® history
Owner options
List your home for rent
$3,096/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,096/mo
Rent Zestimate®
Refinance and save
$2,977/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,977/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Appliances
- Included: Dishwasher, Dryer, Washer
Interior area
- Total interior livable area: 820 sqft
Property
Details
- Parcel number: 0134700543399196212
Construction
Type & style
- Home type: Cooperative
Condition
- Year built: 1921
Community & neighborhood
Location
- Region: Brooklyn
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $598 monthly
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2024 | Sold | $450,000$549/sqft |
Source: Public Record Report a problem | ||
| 1/23/2023 | Sold | $450,000$549/sqft |
Source: StreetEasy #S1593810 Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Neighborhood: Crown Heights
Nearby homes
Nearby schools
GreatSchools rating
- 4/10P.S. 243 the Weeksville SchoolGrades: PK-5Distance: 0.1 mi
- 7/10Brooklyn Green School (The)Grades: 6-8Distance: 0.3 mi
- 1/10Boys and Girls High SchoolGrades: 9-12Distance: 0.2 mi
- New York
- Kings County
- New York
- 11213
- Brooklyn
- Crown Heights
- 112 Schenectady Ave Apartment 212

