Note: the above is based on a down payment of 20% ($80,000),
which is the minimum amount permitted by the building.
Description
Please read the following prior to making an inquiry: - The HDFC restriction for this building is set to expire in 2019. - This purchase must be all cash only. No financing allowed. - A person or family with 2 or less dependents cannot earn more than $45,000 annually. A family with 3 or more dependents cannot earn more than $52,000 annually.
- The apartment is a fifth floor walkup. - The windows are broken, and will not be repaired or replaced by seller prior to sale. - The building has a 70% flip tax, payable by the seller: 40% of the profit goes to the city, 30% to the board, and 30% to the seller. - Board approval is required. - HDFC restrictions will expire for this apartment in 2019.
This is a truly unique opportunity to purchase an income restricted 1 bedroom co-op steps from Central Park, with sunny southern exposure. The apartment has lovingly refinished original wood trim, doors and floors from 1920 throughout, as well as upgraded electric. There is exposed brick in the living room, a walk-in closet, and high ceilings.
The galley kitchen has a Miele cooktop, an American steel sink, and Spanish porcelain tiles. The bathroom is windowed.
Please read the following prior to making an inquiry: - The HDFC restriction for this building is set to expire in 2019. - This purchase must be all cash only. No financing allowed. - A person or family with 2 or less dependents cannot earn more than $45,000 annually.
A family with 3 or more dependents cannot earn more than $52,000 annually. - The apartment is a fifth floor walkup. - The windows are broken, and will not be repaired or replaced by seller prior to sale. - The building has a 70% flip tax, payable by the seller: 40% of the profit goes to the city, 30% to the board, and 30% to the seller.
- Board approval is required. - HDFC restrictions will expire for this apartment in 2019.
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