Belle Gardens Cooperatives in Ocean Hill Brownsville Exterior - 1

Belle Gardens Cooperatives in Ocean Hill Brownsville Exterior - 1

NYC Newswire

Belle Gardens Cooperatives in Ocean Hill Brownsville Exterior - 1

#nycnewswire #BelleGardens #BelleGardensCoOps #NYCHousingConect #NYCHousingLottery

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Belle Gardens Cooperatives in Ocean Hill Brownsville Exterior - 1
43 min ago

Breaking Nyc News

Own Your Brooklyn Co-Op:
Belle Gardens 46 New Units

#nycnewswire #BelleGardens #BelleGardensCoOps #NYCHousingConect #NYCHousingLottery

By Tim Simmons

Belle Gardens Cooperatives in Ocean Hill Brownsville Exterior - 1

NYC Newswire

Belle Gardens Cooperatives in Ocean Hill Brownsville Exterior - 1

#nycnewswire #BelleGardens #BelleGardensCoOps #NYCHousingConect #NYCHousingLottery

Belle Gardens is your opportunity to own a one- or two-bedroom co-op in Brooklyn. With 46 newly constructed apartments located at 20 Suydam Place, 37 Rochester Avenue, and 331 & 335 Ralph Avenue, Brooklyn, NY 11233, this affordable housing program is designed to bring homeownership within reach for eligible buyers. The deadline to apply is January 8, 2025.

Locations and Amenities

The co-op apartments boast a landscaped rear yard, while 335 Ralph Avenue includes a 7th-floor terrace for added outdoor enjoyment. Additional features include:

  • Security cameras
  • Smoke-free living
  • Accessible entrance
  • In-unit washers and dryers
  • Outdoor terrace (amenities may vary by unit)

Belle Gardens CoOps in Ocean Hill Brownsville Exterior 3 - 1

NYC Newswire

Belle Gardens CoOps in Ocean Hill Brownsville Exterior 3 - 1

#nycnewswire #BelleGardensCoOps #NYCHousingLottery #NYCHousingConnect #OceanHillBrownsville

Belle Gardens CoOps in Ocean Hill Brownsville Exterior 3 - 1

Belle Gardens CoOps in Ocean Hill Brownsville Exterior 3 - 1

NYC Newswire

Belle Gardens CoOps in Ocean Hill Brownsville Exterior 3 - 1

#nycnewswire #BelleGardensCoOps #NYCHousingLottery #NYCHousingConnect #OceanHillBrownsville

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Eligibility Requirements

To qualify, buyers must have 10% of the purchase price available as a down payment. Each buyer must occupy the apartment as their primary residence. Those who currently own or have previously owned residential property are ineligible. Buyers are responsible for electricity costs.

Belle Gardens CoOps in Ocean Hill Brownsville Exterior

NYC Newswire

Belle Gardens CoOps in Ocean Hill Brownsville Exterior 1

#nycnewswire #BelleGardens #BrooklynCoOps #NYCHousingConnect

Belle Gardens CoOps in Ocean Hill Brownsville Exterior

Belle Gardens CoOps in Ocean Hill Brownsville Exterior

NYC Newswire

Belle Gardens CoOps in Ocean Hill Brownsville Exterior 1

#nycnewswire #BelleGardens #BrooklynCoOps #NYCHousingConnect

When using any content from this media centre, you must include an attribution for the content creator. Select "I Understand" to proceed to download this image.

Affordable Housing Program Details

Belle Gardens is part of the OPEN-DOOR Program and benefits from an Article XI Tax Exemption, offered through the NYC Department of Housing Preservation & Development. This initiative ensures affordability while promoting community development

Application Process and Additional Information

There are no deposits or application fees required. Request the FAQ document by emailing bellegardens@housingpartnership.com. For more details, visit thebellegardens.com

Preferences and Set-Asides

A percentage of units are reserved for:

  • Mobility and vision/hearing accessibility
  • Residents of Brooklyn Community Board 3
  • NYC employees

Key Notes

This is an equal housing opportunity. Buyers will find complete offering terms in the Cooperative Information Package provided by the sponsor.

Take advantage of this unique chance to become a homeowner in Brooklyn while enjoying the benefits of affordable housing and modern amenities.

Available Condo/Coops & Requirements

1-Bedroom Units

90% AMI Units

  • Units Available: 1

  • Household Size and Income Ranges:

    • 1 person: $83,126 - $97,830
    • 2 people: $83,126 - $111,870
    • 3 people: $83,126 - $125,820
  • Details:

    • Asset Limit: $292,357
    • Monthly Maintenance: $858
    • Estimated Sales Price: $205,827
  • Units Available: 1

  • Details:

    • Asset Limit: $293,982
    • Monthly Maintenance: $739
    • Estimated Sales Price: $222,074

110% AMI Units

  • Units Available: 1

  • Household Size and Income Ranges:

    • 1 person: $96,594 - $119,570
    • 2 people: $96,594 - $136,730
    • 3 people: $96,594 - $153,780
  • Details:

    • Asset Limit: $304,144
    • Monthly Maintenance: $675
    • Estimated Sales Price: $323,694
  • Units Available: 3

  • Details:

    • Asset Limit: $304,351
    • Monthly Maintenance: $675
    • Estimated Sales Price: $325,769
  • Other Available Units:

    • Asset Limits: Range from $298,941 to $303,146
    • Monthly Maintenance: Range from $707 to $746
    • Estimated Sales Prices: Range from $271,660 to $313,715

2-Bedroom Units

  • Household Size and Income Ranges:

    • 2 people: $108,248 - $136,730
    • 3 people: $108,248 - $153,780
    • 4 people: $108,248 - $170,830
    • 5 people: $108,248 - $184,470
  • Units Available: 1

    • Asset Limit: $307,987
    • Monthly Maintenance: $992
    • Estimated Sales Price: $362,129
  • Units Available: 5

    • Asset Limit: $306,853
    • Monthly Maintenance: $1,080
    • Estimated Sales Price: $350,782
  • Other Available Units:

    • Asset Limits: Range from $306,619 to $309,474
    • Monthly Maintenance: Range from $898 to $1,080
    • Estimated Sales Prices: Range from $348,440 to $376,991

130% AMI Units

1-Bedroom Units

  • Units Available: 1

  • Household Size and Income Ranges:

    • 1 person: $113,852 - $141,310
    • 2 people: $113,852 - $161,590
    • 3 people: $113,852 - $181,740
  • Details:

    • Asset Limit: $308,705
    • Monthly Maintenance: $674
    • Estimated Sales Price: $369,303
  • Units Available: 3

    • Asset Limit: $308,868
    • Monthly Maintenance: $675
    • Estimated Sales Price: $370,936
  • Other Available Units:

    • Asset Limits: Range from $306,767 to $310,044
    • Monthly Maintenance: Range from $746 to $801
    • Estimated Sales Prices: Range from $349,921 to $380,695

2-Bedroom Units

  • Household Size and Income Ranges:

    • 2 people: $134,837 - $161,590
    • 3 people: $134,837 - $181,740
    • 4 people: $134,837 - $201,890
    • 5 people: $134,837 - $218,010
  • Units Available: 3

    • Asset Limit: $316,118
    • Monthly Maintenance: $992
    • Estimated Sales Price: $443,430
  • Units Available: 2

    • Asset Limit: $313,407
    • Monthly Maintenance: $992
    • Estimated Sales Price: $416,329
  • Other Available Units:

    • Asset Limits: Range from $314,741 to $316,378
    • Monthly Maintenance: Range from $898 to $965
    • Estimated Sales Prices: Range from $429,664 to $446,031

APPLY HERE!