122 Ashland Place, 2E

Own for the price of rent! It's a buyer's market ... a chance to buy your piece of The Apple - and build equity - for the cost of a rental!

Welcome to this gut renovated home in one of the finest, best-run, full-service co-ops in Downtown Brooklyn, with all the amenities you could hope for. This perfectly proportioned and thoughtfully designed east-facing studio is move-in ready, offering abundant light, new thermal pane windows, and lots of closet space. The floor plan is efficient, making the most for a comfortable lifestyle: a foyer with two large closets, a bathroom with an en-suite dressing area, and an oversized living and sleeping area. And the low common charges make the cost of owning this home comparable.

University Towers is superbly operated, offering substantial capital improvements that have enhanced residents' quality of life, all completed without assessments to shareholders! Recent capital improvements include: exterior lighting and parking lot repairs, new rooves, thermal pane windows, new laundry facilities, a manicured and furnished barbeque courtyard, and much more! Further, the coop's operational strength, fiscal fortitude, and the neighborhood’s dynamism make this community exceptional. The coop’s average maintenance increase has been approximately 2.5%. There is no flip tax and a liberal sublet policy. Co-purchasing, gifting, and parents-purchasing-for-children are permitted.

Built in 1958, University Towers is a post-war complex of three buildings converted to 550 co-op units in 1989. Building amenities include gated grounds, full-service staff (including a 24-hour concierge, porter, handymen and two live-in supers), video security system, digital information signage, elevators, central laundries, landscaped gardens, playground, gazebo, fitness center, bike/general storage, parking, and an outdoor barbecue/picnic area with free Wi-Fi. Pets and smoking are not permitted.

Located in the most desirable and thriving part of Downtown Brooklyn, this prime location is close to transportation and cultural hubs, including: Long Island University's Brooklyn Campus, Brooklyn Hospital, Barclays Center, BAM, shops, great restaurants, Fort Greene Park, Manhattan Bridge, the brand new City Point, featuring: Wegmans, Trader Joe's, Alamo Drafthouse Cinema, Target, Century 21, DeKalb Market Hall, and more.