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175 Willoughby Street #16F
Coop in Downtown Brooklyn •  building info
studio • 1ba
Sold price

$400,000

Key Details
Days on market
260
Last price change
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Estimated payment
$2,561
Monthly taxes
N/A
Monthly maintenance
$599
Description
If you desire natural light and closet space, then you are going to LOVE this studio! Perched on the top floor, this south-facing studio enjoys open views and sun all day long! You will love the functionality of this spacious home; beginning with the open kitchen and double exposure, making it a bright space that can easily be divided to create a separate sleep area without sacrificing the overall light (see alternate floor plan). If that isn't enough to make you fall in love, the MANY closets will! There's a huge entry closet that is perfect for storing your winter coats and luggage, and a fabulous walk-in closet that will comfortably hold your entire wardrobe, shoe collection, and more! Leave the unit 'as is' or with just a little TLC and your unique ideas, you can make it entirely your own! (Please note that these pictures are virtually renovated/staged.) University Towers is a well-established and well-maintained cooperative with excellent financials and reserves. In recent years, the cooperative has made substantial capital improvements enhancing residents' quality of life, without any assessments. Recent projects include a landscaped pergola offering additional outdoor seating and exterior lighting and surveillance covering the entire 5.5 acres of this beautiful gated community. Capital improvements also include parking lot repaving, local law 11 brick repointing, new dual pane thermal windows installed complex-wide, and upgraded laundry facilities with smart technology. The grounds include a beautifully manicured and serene barbecue terrace with 4 commercial size gas grills and free WIFI, making you feel as if you are at a Five Star Resort (minus the palm trees)! Some more wonderful building amenities include a recently renovated gym with brand new top-of-the-line machines and equipment, full-service staff (including 24-hour door attendants, full-time porters & handymen, as well as two live-in supers), a video security system, 2 large elevators, beautifully landscaped gardens throughout the complex, children's playground, gazebo, in-door bike storage, general storage, and a spacious community room. A dedicated parking spot could be yours, when available! Best of all, there is NO flip tax and a liberal sublet policy. Co-purchasing, gifting, and parents purchasing for children are also permitted. Sorry, no pets. University Towers is located just a block away from Target, Trader Joe, the Dekalb Market, and the Alamo Theater. The B, Q, and R trains are right outside of your door making lower Manhattan only one stop away. You also have immediate access to the 2/3, 4/5, A/C, and G trains just beyond. Some bus options include the B54 which runs in both directions on Myrtle Avenue while the B25, B26, B38, and B52 run along Fulton St in the Downtown Brooklyn area. LIRR is also nearby and super convenient. Check out the many great retail shops, entertainment, and restaurant options that make this neighborhood so desirable. Cafe Paulette, Junior's, Evelina, Miss Ada, Colonia Verde, Walters, Romans, Dinos, and Olea are just a few delicious food options! Wholefoods, Wegmans, The Apple Store, City Points retail, CAMP, Barclays Center, BAM, and Mark Morris Dance Center are just a few other added draws and conveniences of this fantastic neighborhood.

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Important Stuff
Doorman
Elevator
Listing Amenities
City View
Building Amenities
Bike Room
Smoke-free
Gym
Package Room
Live In Super
Fios Available
Garage Parking
Parking Available
Wheelchair Access
Children's Playroom
Laundry in Building
Community Recreation Facility
Outdoor Space
Courtyard
Coop Rules
Pied-a-Terre Allowed
History
What it'll cost
Purchase price
$388,000
Asking Price: $388,000
Term
30 Years
Down Payment
$77,000 (20%)
Min: 20% (77,000)
Rate
6.5 %
Mortgage Amount
$310,400
Mortgage Payment
$1,962
Maintenance
$599
Estimated closing cost
$7,000
Total monthly cost $2,561
Listing Courtesy of Compass

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