Why pay rent when you can build equity?
Eleven (11) newly renovated, two- and three-family affordable homes are now available in the Cypress Hills and East New York sections of Brooklyn. These buildings are being constructed through the Neighborhood Homes Program (NHP) of the New York City Department of Housing Preservation and Development (HPD). All homes have been completely renovated, are spacious and well-constructed, come equipped with Energy Star appliances and added insulation to keep utility costs low.
| Location: | All properties are located in Brooklyn
206 Wyona Street, 11207 In Contract 306 Ashford Street, 11207 In Contract 967 Sutter Avenue, 11208 In Contract 2966 Fulton Street, 11208 *Still available 331 Bradford Street, 11207 In Contract 354 Van Siclen Avenue In Contract 524 Cleveland Street, 11207 In Contract 691 Glenmore Avenue, 11207 *Still available |
| Developer: | Cypress Hills LDC |
| Type of Units: | 2 and 3 story, 2-3 family homes |
| Architect: | Victor Morales Architect |
| Contractor: | Ajet Enterprises |
- **Prices Reduced!!** Two-family Homes: $275,000 to $360,000
- **Prices Reduced!!** Three-family Homes: $380,000
- Mortgage payments no more than 33% of your monthly income
- Purchaser must live in the home for at least seven (7) years
- Real estate tax abatement on the building for ten (10) years
- Only 5% down payment required
- Homeownership counseling available
- Newly renovated, spacious with some homes featuring owner's duplex units
- Hard wood floors and large windows
- Energy Star appliances
- Properties are 5 to 7 minute walk from the C or J trains
To setup an appointment for a showing,
for more information, or
a printed application contact:
Nicole at 718-647-2800
Office Hours: 9 a.m. to 5 p.m.
Cypress Hills Local Development Corporation
Attn: Glenmore Grove
625 Jamaica Avenue
(between Norwood and Hale in Cypress Hills)
Brooklyn, NY 11208