In one of a pair of early 20th century Beaux-Arts style walkups, this income-restricted HDFC (Housing Development Fund Corporation) co-op offers high ceilings, a flexible layout, and prewar details for a below-market price.

An early design of the Flatbush-based Cohn Brothers, 110 Cambridge Place and its neighbor at No. 116, known as The Wyoming and The Montana, were built in 1914 for owner Morris Jarcho. An April 1915 ad for the new buildings touted four- and five-room units renting from $37 to $55 a month, all “up to the minute in perfection.”

High ceilings (some coved), parquet and wood floors, moldings, and French doors run throughout much of the apartment, which is on the fifth and top floor of the 40-unit complex. With a flexible floor plan, it can work as a one-bedroom with a dining room and living room open to each other via a wide doorway or as a two-bedroom.

The kitchen appears recently renovated with dark stone counters, wood cupboards, and a wood floor but no dishwasher. The bathroom has black and white wall tile, gray speckled floor tile, and a pedestal sink. There are three closets but no laundry, and the building does not appear to have a shared laundry room.

The monthly maintenance for this unit is low at $572. Gifting is allowed, as is 90 percent financing and limited subletting. Income caps are set at 120 percent of the Area Median Income and range from $130,440 for one person to $186,360 for a household of four.

Listed by Ayanna Barton and Abdul Muid of Ivey North LLC, the co-op is priced at $489,000. What do you think?

[Listing: 110 Cambridge Place #5B | Broker: Ivey North LLC] GMAP

hallway with green walls and red trim

living room with blue walls, ceiling fan

dining room with wood floor, two windows

dining room with view into living room

kitchen with wood cabinets, stainless steel appliances

kitchen with wood cabinets, stainless steel appliances

bedroom with blue walls, wood floor, ceiling fan

bathroom with white fixtures

exterior of the brick buidling

floorplan with one bedroom

proposed floorplan turning living room into 2nd bedroom

virtually staged dining room set up as a living room with dining

virtually staged 2nd bedroom with blue walls

virtually staged bedroom with a ceiling fan

[Photos via Ivey North LLC]

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