Contract Signed. AFFORDABLE LOFT FOR LIVING Back on the market and reduced to sell! IMPORTANT: This apartment is subsidized as part of NYC's affordable housing program. The following total household income restrictions apply: minimum $82,740; maximum $113,440. This must be your primary residence. No parents buying for children, no co-signers. This is not for investment purposes as resale and sublet restrictions also apply. Essentially, there is no profit if you sell during the first 5 years of ownership. During years 6 through 15 of ownership, 50% per cent of net profits after closing costs are then paid back to the City. Sublet restrictions apply. Please do not contact or go to the PS 90 Sales Office or their open houses regarding this affordable listing. The staff there do not have access to this subsidized apartment and are handling the market rate units only. Instead, please contact Neil Tilbury for prequalification and an application (see below for email/phone). This spectacular loft-like studio with triple exposure is 756 square feet, on the 3rd floor facing north, east and west, overlooking the landscaped front garden. Immediate occupancy and FHA approved with as little as 3.5% down. The low common charges and 21 year tax abatement make this an even greater value. The impressive physical dimensions of this former schoolhouse - including soaring ceilings, dramatic oversize windows and loads of light - set PS 90 apart from the competition. The open plan design, stainless steel Frigidaire appliances, granite kitchen countertops, Kohler fixtures and Asko washer and dryer in your apartment give PS 90 high marks for living. This brand new development also features doorman, live-in super, large complimentary fitness room, entertainment room and terraced gardens. PS 90 is pet friendly. You have great transportation options nearby: around the corner, the 3 express train terminates at the 148th Street Station on Adam C
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
