- SQFT 1,125 sqft
- Bathrooms 2.00
- Bedrooms 2
- Maint/CC $1,347
- Price $700,000
A great opportunity to acquire a spacious 2BR/2bath at an incredible price! The unit does need remodeling, but the
need and cost for remodeling was considered when establishing the listing price. For perspective purchasers who are not adverse to making renovations, this apartment is a must see!
Parking at the property is available for purchase.
MORE PHOTOS COMING SOON.
This full service coop is superbly operated and since converted to coop in 1990, many substantial capital improvements have been completed. Recent improvement projects included new roofs to each of the three buildings, an impressively-designed courthyard area with barbeques and more recently, the coop recently underwent a window replacement project - all improvement projects at this co-op have been completed at no cost (assessment) to shareholders.
Incredible location. University Towers is very accessible to public transit - including a few subway lines a block away. Fort Greene is situated amid world-class cultural, culinary and natural attractions, such as BAM, Barclay's Center, CityPoint Center, DUMBO and The Brooklyn Museum. If you are looking for outdoor activities UT is situated a block from Fort Greene park and also near Prospect Park, Brooklyn Botanical Garden, Brooklyn Bridge Park and the Brooklyn waterfront is just a stroll away.
Financial status of Coop: 80% of property sold. Average maintenance increase for the past 25 years is approximately 2.5%. This coop is in impressive fiscal standing, with a huge reserve even after many capital improvements have been made. There has never been an assessment in the history of this coop.
University Towers is a private gated development which consists of three sixteen-story buildings totaling 553 apartments, onsite parking available for purchase, beautifully maintained grounds, fitness center, community room, laundry in each building, a playground, Verizon FIOS available, 24-hour security and concierge, new impressive landscaped grounds with seating and new barbecues. This property also boasts of an onsite management office, two superintendents, and an attentive staff of porters, handymen and repairmen.