110 CAMBRIDGE PLACE, #5D

Clinton Hill, Brooklyn, NY 11238

Offer Accepted, No Longer Showing

Available for the first time in 30 years! Welcome to Apartment 5D at the Cambridge Heights Co-ops in beautiful Clinton Hill. Perched atop a five-story pre-war building, this two-bedroom, one-bathroom home has been lovingly maintained and treasured within the same family for decades. With ample light, large bedrooms, and loads of charm, this apartment is the opportunity you've been waiting for.

In terms of upgrades, the kitchen features updated cabinets, granite countertops, and stainless-steel appliances including an LG washer/dryer, a Samsung fridge, Frigidaire stove and overhead microwave. The bathroom has also been updated with a triple-mirror cabinet and stainless-steel fixtures. The floors are in great condition. The building just refreshed all fire escapes, and has scheduled comprehensive window replacements starting July 2024.

Please note this unique HDFC coop has income limitations that are very important to understand before viewing this home:

Purchaser income is restricted to 120% AMI and verified with (2) years of tax returns:
-1 Person: $130,440
-2 People: $149,160
-3 People: $167,760
-4 People: $186,360

Additionally:
- Purchaser assets can be unlimited.
- 100% gifting is allowed.
- There are no asset or income limits once purchased.
- Financing with as low as 10% down is permitted.
- Must be used as a primary residence.
- Pets allowed with co-op approval.
- This co-op institutes a flip tax.
- Sublets are permitted with co-op approval and limitations apply.

110-116 Cambridge Place is a co-op complex comprised of 40 units. 110 Cambridge is a walk-up building with a live-in super, security cameras, and well-maintained common areas. The building is in good financial standing with engaged shareholders. Maintenance is consistently low and there are no pending assessments.

Clinton Hill is a historic neighborhood filled with beautiful landmarked buildings and a strong sense of community. Explore Fulton, Dekalb, Myrtle and more to discover dozens of restaurants (Aita, The Fly, Speedy Romeo...), cafes (Sisters, Otway, Clementine...), and boutique stores (Su'juk, BROWN, Green in BKLYN...) that are deep rooted in the neighborhood. Attend movies, shows, and events at BAM and BRIC. Explore the outdoor sculptures within the Pratt Institute campus. Nature enthusiasts can stroll through community gardens and nearby Fort Greene Park. As for transit, the A, C, S, and G trains are nearby, offering a swift 20-minute trip into Manhattan.