Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433
122 Ashland Place #5A

For Sale · Listing by Compass

122 Ashland Place #5A

Downtown Brooklyn, Brooklyn

$925,000

Interested in this property?
Active For Sale Co-op

$925,000

122 Ashland Place #5A

Downtown Brooklyn, Brooklyn

University Towers

MLS® #RLS20116923

RLS at REBNY

Listing by Compass

2
Bedrooms
2
Baths
N/A
Sq. Ft.
1958
Year Built

Quick Summary

Bedrooms 2
Bathrooms 2
Lot Size 62,053.99 sq ft
Year Built 1958
Ownership Co-op
Maintenance $1,783.28/mo
Parking On Site
Neighborhood Downtown Brooklyn
Floor 5 of 15

Property Highlights

  • Views: City
  • Exposure: South,West facing
  • Climate Control: Other

Property Details

Type Co-op
Ownership Stock Cooperative
Total Rooms 5
Baths 2 Full
Floor 5 of 15
View City
Exposure South,West
Heating Baseboard
Cooling Other
Pets Yes
Year Built 1958
Parking Features On Site
Structure Type MultiFamily
Flooring Hardwood
Furnished Unfurnished
Lot Size 62,053.99 sq ft
Parcel # 02061-0040-00122-000-000005A
Block/Lot 02061/0040

Listing History

Event Date Price Change
Listed Sep 23, 2026 $925,000 -
Currently Sep 23, 2026 $925,000 -

Description

Welcome to Unit 5A, newly renovated, two-bedroom, one-bathroom sponsor unit located at the crossroads of Fort Greene and Downtown Brooklyn. This spacious home offers excellent flexibility, with the potential to create a third bedroom or home office depending on your needs. A large foyer sets the tone and leads into an open L-shaped living and dining area with a galley kitchen. The kitchen will feature sleek white cabinetry, ample storage, stainless steel appliances, and a generous pass-through counter for meal preparation and serving. Both bedrooms are spacious and offer comfort and privacy. The primary bedroom includes two closets, two windows with double exposure and a refreshing cross breeze. The second bedroom also has two closets. Crown molding, oak hardwood floors, and seven large closets add both style and practicality throughout the home. University Towers is a gated, well-established cooperative known for its financial stability and attentive maintenance. Residents enjoy a suite of amenities including 24-hour security, a fitness center, a lushly landscaped barbecue terrace with lounge seating and free Wi-Fi, bike storage, a children’s playground, a community room, and two elevators per building. On-site parking is available for rent or purchase, please ask for details. There is no flip tax, and flexible purchase options are allowed, including co-purchasing, gifting, and purchases by parents for children. Set on over five acres of beautifully maintained grounds, this community offers a peaceful retreat just minutes from Target, Trader Joe’s, City Point, Dekalb Market Hall, Alamo Drafthouse, Fort Greene Park, and a wide range of dining and retail options. Transportation is especially convenient, with the B, Q, R, 2, 3, 4, 5, A, C, and G trains, multiple bus lines, and the LIRR at Atlantic Terminal all nearby. Offered by Prospectus only. Note: Images shown are not of the actual unit. The apartment is currently being renovated and will feature the same finishes shown.

Features & Amenities

Interior Features

Breakfast Bar Crown Molding Entrance Foyer Common On Floor Common Area Flooring: Hardwood Double Pane Windows

Building Amenities

Bike Storage Elevators Fitness Center Recreation Room Clubhouse Security System Security Guard

Appliances

Dishwasher Stainless Steel Appliances

Building Information

Building University Towers
Building Data View Compliance & Permits
Total Units 184
Stories 15
Structure MultiFamily

Financial Details

Maintenance $1,783.28/mo

Downtown Brooklyn features a mixture of historic brownstones and modern high-rise architecture. The area is built around major transit hubs, including LIRR access and multiple subway lines. Residents benefit from green space in Brooklyn Bridge Park and prominent local landmarks.

Downtown Brooklyn Live Market Data

View Neighborhood

Active Listings

97

Median Asking Price

$1.40M

Median $/Sqft

$1,445

Avg Days on Market

N/A

New This Week

6

Price Reduced

30%

Sold (30 Days)

9

Median Sale Price

$1.04M

Live data from RLS at REBNY • Updated 9/23/26, 1:31 PM EST

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Location

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122 Ashland Place #5A, Downtown Brooklyn, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1958
Year Built
68 years old
15
Floors
184
Residential Units
R6
Zoning District
Elevator Apartments

Tax & Assessment

Assessed Value: $11,887,650
Land Value: $523,350
Exemptions: $221,329

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 77,523 SF
Building Area: 187,667 SF
Built FAR: 2.42
Allowed FAR: 2.43

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed monthly maintenance are $1,783.28 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $0, or roughly $0 per month. Verify the current assessment with your attorney before closing.

This property has 2 bedrooms and 2 full bathrooms.

According to MLS records, the building was constructed in 1958, making it approximately 68 years old.

This listing is a co-op (stock cooperative). Buyers purchase shares in a corporation rather than real property, and the board must approve all sales.

Pet policy requires confirmation with Milton Coste.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or milton@miltoncoste.com. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20116923
First Listed: 9/23/2026
On Market: 9/23/2026
Price Changed: 9/23/2026
Contract Date: 9/18/2026

Listing Courtesy of Compass - Jacquelynn Rossiter

Listing Contact: (718) 926-5549

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.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/23/2026 at 5:31 PM UTC

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Downtown Brooklyn Market Update

9 sales last 30 days · $1.40M median · 10.8 months supply

Read Full Report

New listings in this building

Quick Facts

Status Active Type Co-op Neighborhood Downtown Brooklyn Borough Brooklyn
County Kings
Floor 5 of 15
Year Built 1958
First Listed 9/23/2026
Maintenance $1,783.28/mo

Monthly Costs Estimate

Down Payment 20%

$185,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Maintenance $1,783.28
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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