Beautiful prewar 4 bedroom apt, features 10 foot ceilings, approx 1000 sf, great light with a very long hallway to hang your art. You can move in right away and fix things up as you go along or do a nice renovation and have the apt of your dreams. The kitchen has already been opened up right into the large living room. There are windows in each room and good light. So many rooms to have the home just as you need it. The first room could be a laundry room. Then you have the last 3 bedrooms at the end of the hall separated by the kitchen. The living room would be at the very end with all of the bright light!
The elevator was recently updated and replaced. The building has a fantastic lobby with original details, a telephone/intercom system with security cameras throughout, 2 supers, and multiple commercial properties adding to the reserve fund. It's well managed and pet friendly. Work was recently finished in the large basement to add storage for the owners. The building has very solid financials with an overabundance in the cash reserve.
No pied-a-terres or investors - this must be your primary residence.
Convenient to the 2/3 express trains @ 135th and 145th/Lenox, M1, M2, M7, M102 bus routes, restaurants, shopping and supermarkets.
The HDFC income restrictions for 2020 apply at 120% of AMI. Based on household sizes the buyer can earn as much as $95,220, for an individual, for household of two- $109,200, household of three- $122,880, household of four- $136,440, household of five- $147,360.
30% Flip tax of profits by owner when selling.