Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $380,000

Listed at $405,000 · Sold 6.2% below asking · Closed February 3, 2017

SOLD: 122 Ashland Place #5-N
SOLD $380,000
Sold Co-op

$380,000

$521 per sq ft

Listed at $405,000 $-25,000 vs asking

122 Ashland Place #5-N

Downtown Brooklyn, Brooklyn

MLS® #RLS10043333

RLS at REBNY

Listing by R New York

1

Bedroom

1

Bath

730

Sq. Ft.

1958

Year Built

Sale Details

Sale Price $380,000
Original List Price $405,000
Close Date February 3, 2017
vs. Asking Sold 6.2% below asking

Property Summary

Bedrooms 1
Bathrooms 1
Living Area 730 sq ft
Year Built 1958
Ownership Co-op
Maintenance $708/mo
Neighborhood Downtown Brooklyn
Floor 5 of 15

Description

This quiet 1-bedroom/1 bath apartment on the 5th floor offers a pleasing view and good light. The great layout offers spacious rooms, good closet space, a windowed kitchen and more is what you will find at this Fort Greene apartment in this impeccably well-run coop. Maintenance includes water, steam and gas. The apartment, while definitely functional, clean, perfectly cozy and just painted, is in estate condition and could use some upgrades. For people who are open to or looking to renovate an apartment, this one should not be missed. Commencing this Fall/Winter the entire property is getting new high quality windows. Shareholders will not bear any expense for this amazing capital improvement. University Towers is a private gated development which consists of three sixteen-story buildings with 550 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 elegant landscaped courtyard with seating and new barbecues, Gazebo and Playground. This property also boasts of an onsite management office, 2 superintendents, and an attentive staff of porters, handymen and repairmen. Incredible location. University Towers is right next door to a wide array of subway, bus lines, and even ferries. Within a five block radius you have access to over ten subway lines. Fort Greene is situated amid a vast array of world-class cultural, culinary and natural attractions, such as BAM, The Barclay's Center, DUMBO and The Brooklyn Museum. If you are looking for outdoor activities UT also sits right next to Fort Greene park (2 blocks away), Prospect Park, the world-class Brooklyn Botanical Garden and Brooklyn Bridge Park and waterfront is just a stroll away. Financial status of Coop: 80% of property sold. Average maintenance increase for the past 25 years = 2.5%. This coop is in magnificent financial standing with a very healthy reserve even after many capital improvements have been made. There has never been an assessment in the history of this coop.

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 3
Cooling Wall Units
Year Built 1958
Living Area 730 sq ft

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Listing courtesy of Jeffrey Rothenberg at R New York. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

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