842 Park Place, #4E

Crown Heights, Brooklyn, NY 11216

This enormous and beautiful co-op apartment is a fabulous deal ? but only certain lucky buyers are eligible for this good deal:

This is an HDFC coop, a popular kind of NYC coop where prices are kept low and purchasing is reserved for moderate income buyers. Requirements:
-Household income must be below 120% of median income (see below)
-Purchaser must live in the unit. (Primary residence. Renting permitted for 18 months every 5 years)

This truly huge apartment is located in a majestic carved limestone coop building that was completely renovated in 2005 and boasts nearly 1800 square feet on one mammoth light filled floor with over 12 bright windows. There are 4 full bedrooms and 1.5 bathrooms, separate living and formal dining rooms and a large windowed chefs kitchen, plus private laundry in the apartment.

This building is conveniently located on Park Place; part of the North Crown Heights Historic District and one of Brooklyn's most coveted and architecturally significant brownstone blocks. The Brooklyn Children's Museum is 2 blocks away. The A/C train at Fulton and Nostrand is a quick stroll; same for the 3 train at Eastern Parkway and Nostrand. The thriving restaurant row on Franklin is just 2 blocks away.

Income Caps for Purchasing
Family Size - 1 person = $87,720
Family Size - 2 person = $100,200
Family Size - 3 person = $112,680
Family Size - 4 person = $125,160