--- title: "575 OCEAN Avenue #4B, Brooklyn, NY 11226" description: "575 OCEAN Avenue #4B, Brooklyn, NY 11226 — NYC real estate listing on Real Estate Rebate Team. Priced at $249,000. Est. potential buyer savings up to $6,225 (subject to buyer-broker compensation received, lender approval, and applicable law)." url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11226/575-ocean-avenue-4b-ny-11226" source: "Real Estate Rebate Team" --- # 575 OCEAN Avenue #4B, Brooklyn, NY 11226 > **Listing Courtesy of:** Corcoran Group ## Description Spacious & Bright One-Bedroom HDFC Cooperative in Flatbush Welcome to this generously proportioned one-bedroom great value, one-bathroom HDFC cooperative offering a classic pre-war layout, abundant natural light, and plenty of room to make the space your own. Located on the 4th floor of an elevator building, Apartment 4B features desirable southern and western exposures with open neighborhood views. The oversized living room offers excellent flexibility for separate living, dining, and work-from-home areas, while the spacious bedroom easily accommodates a full bedroom setup with room to spare. The apartment retains charming pre-war details including hardwood and tiles floors, high ceilings, and generous room proportions. A separate, windowed eat-in kitchen provides ample cabinetry and workspace, while the windowed bathroom features a full-size soaking tub. Multiple closets throughout the apartment provide valuable storage. This is a wonderful ownership opportunity for an income-qualified purchaser looking to build equity and own a spacious home at an attractive price point. The seller is seeking an all-cash purchaser. HDFC Income Restrictions - This is an HDFC cooperative with income restrictions. Purchaser(s) may use the 2026 120 percent AMI limits below as a guide. Actual income eligibility should be independently confirmed based on the cooperative's requirements. 1 Household: $142,560 2 Household: $162,840 3 Household: $183,240 Income restrictions apply to incoming purchasers. There are no stated restrictions on assets or future income once you become a shareholder. Building & Purchase Details The cooperative consists of 63 units, and the apartment represents 250 cooperative shares. The building has a live-in superintendent. This apartment must be used as the purchaser's primary residence. Gifting toward the purchase price is permitted. While the cooperative permits financing of up to 80 percent of the purchase price, the co-op is currently seeking an all-cash offer. Dishwashers are permitted with board approval, and pets are considered on a case-by-case basis. A terrific opportunity for an income-qualified all cash offer seeking a large, bright one-bedroom with an excellent layout, classic pre-war character, and long-term ownership potential. Please contact me for viewing information. ## Property Details - **Price**: $249,000 - **Potential Buyer Rebate**: $6,225 - **Bedrooms**: 1 - **Bathrooms**: 1 - **Property Type**: Residential - **Year Built**: 1926 - **Building**: 575 OCEAN Avenue - **Neighbourhood**: Flatbush - **Area / Borough**: Brooklyn - **Subdivision**: Flatbush - **Listing Office**: Corcoran Group - **State**: NY ## Estimated Potential Buyer Savings Real Estate Rebate Team estimates potential buyer savings of up to **$6,225** at closing. *Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.* ## Related Links - [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/575-ocean-avenue) - [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/flatbush) - [Estimate your Buyer Commission Share and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) - [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact) --- > 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.