Total Est. Monthly Carrying Cost:
$1,144 ($4.58/ft2)
Note: the above is based on a down payment of 20% ($27,000),
which is the minimum amount permitted by the building.
Description
A sunny, pre-war, 2 room, south facing, studio apartment. Features 10+/- foot ceilings, 2 windows, open kitchen, updated tiled bathroom with pedestal sink, a walk-in closet, and hardwood floors throughout. Air conditioner included with the sale. This well-maintained elevator building is nestled on upper Riverside Drive, adjacent to the Audobon Park Historic District, right off West 158 St on a quiet tree-lined street just 2 blocks from the #1 train at West 157 St & Broadway.
The A & C trains are close by at West 161 St & St Nicholas Ave. Walk to restaurants, shops and other services along Broadway. Also a short walk to Riverbank State Park on Riverside Drive & West 145 St and to NewYork-Presbyterian/Columbia University Medical Center on Broadway & West 168 St. THIS IS AN HDFC CO-OP.
CASH ONLY. THE BLDG ONLY SELLS TO FIRST TIME BUYERS. INCOME RESTRICTIONS. FLIP TAX IS 40/60 ON THE NET PROFIT: 40% GOES TO THE HDFC AND 60% GOES TO THE SHAREHOLDER. SUBLETTING IS NOT PERMITTED. NO PETS PLEASE.INCOME REQUIREMENT is 120% of the AMI which is $87,720 for 1 person or $100,200 for 2 people.
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