$510,000
Updated 2 years ago
Sold

110 Cambridge Place, 5-D

Clinton Hill, Brooklyn | Gates Ave & Fulton Street

5 Rooms2 Beds1 BathCo-op

$510,000
Maintenance$556

This property was sold for $510,000 on 10/24/24.

Listing Features

  • Entry Foyer
  • Separate Dining Area
  • Microwave
  • S Steel Appliances

Outdoor space and views

  • City Views
  • East Exposure

Building Amenities

  • Voice Intercom

Property Description for 110 Cambridge Place, 5-D

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.

Listing History for 110 Cambridge Place, 5-D

Now
10/24/2024
$510,000
Sold and Closed by Eric Volpe
Douglas Elliman
05/24/2024
Contract Signed by Eric Volpe
Douglas Elliman

Building Details for 110 Cambridge Place

OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts5/20
Learn More About the Building

Transit and Citi Bike

Subway

Clinton-Washington Avs
0.14 miles
Clinton-Washington Avs
0.35 miles
Franklin Av
0.37 miles
Classon Av
0.39 miles

Citi Bike

Cambridge Pl & Gates Ave
0.08 miles
Fulton St & Waverly Ave
0.15 miles

Contact Agents

Contact Agents

Eric Volpe
Douglas Elliman
Andrea Kelly
Douglas Elliman

Clinton Hill | Brooklyn

Quick Profile

Tucked behind the Brooklyn Navy Yard in central Brooklyn is the quiet residential neighborhood of Clinton Hill. Once a strictly working-class neighborhood, Clinton Hill has become known for its elegant brownstones and stately mansions that were built as Manhattanites crossed the East River in the 1920s in search of the supposed health benefits that came from living “on the hill,” which has an elevation of 95 feet. Now you will also find newer luxury apartment and condo buildings interspersed throughout the neighborhood.

The Pratt Institute and St. Joseph College give the area a certain energy that comes from having a college in your town, while it’s leafy streets, some with their original cobblestones, and slower pace attract young families. Millennials and professionals are flocking to Clinton Hill in search of a reasonably priced neighborhood that offers both nightlife and an easy commute to Manhattan. Clinton Hill is a beautiful neighborhood with a suburban feel and firm roots in its past that also offers plenty of urban amenities.

New businesses are showing up in Clinton Hill on a regular basis, adding to the current proliferation of coffee shops, restaurants, and bars. As the population changes, new entertainment and nightlife venues are migrating to the area to meet the demand. Barclays Center is within easy walking distance, offering exciting sporting events and concerts.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 2085899