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1250 Ocean Parkway #5A

Coop in Midwood •  building info
1bd • 1ba
List Price

$245,000

Listing Agent
Margaret A Calarco  • Douglas Elliman Real Estate
Key Details
Days on market
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Last price change
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Estimated payment
$1,817/mo
Taxes
Included in maintenance fees
Maintenance
$578/mo
Description
Welcome to 1250 Ocean Parkway, a well-maintained cooperative ideally situated along the Ocean Parkway service road between Avenues L and M. Offering approximately 550 square feet, this thoughtfully designed Junior 1 features a separate bedroom along with comfortable, well-defined living and dining areas. The smart layout makes excellent use of the available space, providing a nice balance of privacy and functionality. The apartment features hardwood floors throughout, a windowed kitchen and bathroom, and good closet space. The main living area comfortably accommodates separate living and dining spaces, creating an inviting and practical setting for everyday living. Set back from the main roadway and buffered by Ocean Parkway's beautiful tree-lined median, 1250 Ocean Parkway offers a pleasant residential setting with the added convenience of two building entrances-one from Ocean Parkway and another from East 5th Street. Building amenities include a part-time doorman on weekdays from 5:00pm to 1:00am and weekends from 11:00am to 1:00am, a live-in porter, two renovated laundry rooms with updated machines, a library, bike storage, a spacious landscaped common outdoor patio, updated security cameras, and indoor garage parking available by waitlist. The cooperative is 100% owner-occupied and maintains solid financials. Monthly maintenance is $578.29 and includes heat and cooking gas. Subletting is not permitted, and pets are not allowed. A flip tax of $2.00 per share, based on 644 shares, is payable by the seller. Conveniently located near the shopping, dining, restaurants, and everyday conveniences of Avenue M, with access to nearby transportation, this home offers an appealing combination of space, functionality, low monthly maintenance, and a desirable Midwood location. PHOTO ARE VIRTUALLY STAGED

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Important Stuff
Doorman
Elevator
Building amenities
Services and facilities
Bike Room
Concierge
Fios Available
Laundry in Building
Live In Super
Parking

Garage

Building info
History
What it'll cost
Purchase price
$245,000
Asking Price: $245,000
Term
30 Years
Down Payment
$49,000 (20%)
Min: 20% (49,000)
Rate
6.5 %
Mortgage Amount
$196,000
Mortgage Payment
$1,239
Maintenance
$578
Estimated closing cost
$8,000
Total monthly cost $1,817
Listing Courtesy of Douglas Elliman

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