Buyer is buying a share in the co-op Woodstock Corp and this property must be owner occupied. Lender requires 20% down and that the buyer must use the co-op's specific lender. From time to time, a unit becomes available for sale, and as of this writing, there is only one for sale at 224 Cypress Avenue listed for $298,000. The monthly HOA fee is $175.
Besides this co-op, there are other properties (condos) for sale in Alameda in this price bracket.
Whichever type of property you desire, Alameda is a wonderful place to live in.