280 Dean St APT 5, Brooklyn, NY 11217

FIRST TIME AVAILABLE IN 44 YEARS! THE APARTMENT IS IN “ESTATE CONDITION” AND REQUIRES COMPLETE RENOVATION. INCOME LIMITS HDFC Cooperative with income restrictions set at 120% of Area Median Income (AMI)--this is based on buyer’s income on their two (2) most recent tax returns and current paystubs. Both years must be below the income limit stated above. Family of 1- $136,080 Family of 2- $155,520 Family of 3- $174,960 APARTMENT The apartment is located on the “ground” floor of the building facing the rear and receives wonderful southern sunlight from 8:30am to 4pm every day. Windows are new. BUILDING This HDFC cooperative consists of 25 units—all units are owner-occupied and the building is self managed with an active board. This apartment must be used as the buyer’s primary residence. With approval, the building allows: pets, restricted subletting, in-unit washer/dryer, dishwasher, gifted down payments, cash purchases and mortgage financing. There is no elevator or ammenities (doorman, outdoor space, etc..). FLIP TAX (Paid by seller) A flip tax of 20% is calculated as: ((sale price minus purchase price) times 20%). *Renovations costs are not included in the flip tax calculation.