Top Floor, Sunny & South Facing 2 Bedroom, 1 Bath Art Deco Home awaits your Designer Touch! Best of all, the monthly maintenance is super low at just $471.16 making this co-op home super affordable. (Note: The monthly maintenance includes heat, hot water and property taxes.) Prime Harlem Location on the corner of Fifth Avenue, 1 block from 125th Street and steps away from one of Harlems best dining and shopping corridors, which includes Whole Foods Market, World Famous Sylvias Soul Food along with Red Rooster and Corner Social restaurants. 1 West 126th Street HDFC is a landmark, pre-war building with a rich historythe former home of legends such as: Eartha Kitt, Billy Eckstine and Della Reese. The HDFC has an elevator, live-in super and laundry room on-site. The income restrictions for the HDFC are determined by 165% of the area median income for 2021 and are as follows: 1 Person: $137,940 Max 2 Persons: $157,575 Max 3 Persons: $177,210 Max 4 Persons: $196,845 Max 5 Persons: $212,685 Max Cats are allowed. Sorry, no dogs. It is possible to obtain 90% mortgage financing in the building. The building's financials are excellent! NOTE: 1 West 126th Street HDFC is an affordable housing cooperative and is intended to be a primary residence for all of its owners. The building is NOT INVESTOR FRIENDLY. With this in mind, there is a STRICTLY ENFORCED FLIP TAX: 95% Flip Tax after 1st Year of Ownership 90% Flip Tax after 2nd Year of Ownership 85% Flip Tax after 3rd Year of Ownership 80% Flip Tax after 4th Year of Ownership 75% Flip Tax after 5th Year of Ownership 50% Flip Tax after 6th Year of Ownership 40% Flip Tax after 7th Year of Ownership 20% Flip Tax after 8th Year of Ownership Sublets are allowed with board approval 2022-05-16
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