Ocean Parkway at Beverly Road: Bright gut renovated rent stabilized 5th floor 1 bed conv/2 with a private balcony in a post-war elevator building with a laundry room, live-in super, and seasonal outdoor pool. The apartment has a sunken living room facing West with a large, recently renovated balcony overlooking Ocean Parkway. There is a nice sized entry foyer with 2 closets, which opens to the large separate kitchen with sand colored granite counters, tile floor and backsplash, white appliances and wood counters. The dining room is separate, and since there is room in the foyer for a table it's a great 2nd bed or office. The bathroom was completely renovated with black slate floors, white subway tile walls and white sink/vanity with linen closet, and the master bedroom faces West and South with 2 closets. There is a pending MCI in the building for $47.93/room if approved. The building is frankly rough around the edges, but the landlord will be renovating the lobby, hallways, and elevators over the next year or two. Close to the F/G at Church Avenue and a 10-15 minute walk to the Q at Beverly Road.To qualify for this apartment, this landlord requires the following: 700 credit or better40x monthly rent = minimum annual income (the usual formula in NYC) but adjusted for fixed debtFor example:$1500 (monthly rent) x 40 = $60,000/year income required to qualify,$1500 $200 minimum monthly payments* on student loans, car loans, etc = $1700 x 40 = $68,000/year income required to qualify3-4 month's rent in savings when applying Guarantors and/or cosigners, extra securities or any other means of overcoming any issues with the above are not considered. We do work with many landlords in the area, so if this criteria doesn't work for you just let us know so we can find the right landlord for your situation.*your minimum monthly payments for non-revolving debt are shown on your credit reports and may be less than you actually pay, so it's worth checking if you aren't sure.
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