Total Est. Monthly Carrying Cost:
$2,895 ($4.21/ft2)
Note: the above is based on a down payment of 20% ($83,000),
which is the minimum amount permitted by the building.
Description
CONTRACT SIGNED. This Spacious Bright 1 Bedroom 1 Bath unit has been kept in great condition by its first owner. There is a separate Living room, Dining room and alcove work space. The unit features hardwood floors, 2 walk in closets, controllable heating system and is pre-wired for cable and internet.
This unit has many windows which allow northern, southern and eastern exposures with an open galley kitchen that has plenty of cabinets and counter space. You could convert the front room into a possible bedroom. 310-312 West 122nd HDFC is a community building with no underlying mortgage, healthy financials and an active and involved board of directors and managing agent.
This non-elevator building features a gorgeously tiled public hallway, upgraded security surveillance with video intercom, 24-hour laundry room, pet friendly, storage cages (for a nominal monthly fee), bike storage, building keyless entry and new community outdoor space. The Building is Bank Approved and allows 80% financing. Close to Columbia University, Harlem’s restaurant row on 8th Avenue, 125th street shopping area, house of worships, Morningside Park and the A, B, C, D subway lines and many buses.
A board application and board interview required after contract signing. The building also has a 30% flip tax on profits paid by the seller. This is an HDFC co-op building that has strict Income limits.
As of 2017, they are $80,160 for one person, $91,680 for two persons, $103,080 for three persons...etc. This unit won’t last long!
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