Ocean Parkway at Beverly Road: Renovated Rent Stabilized Junior 2 bedroom in a p/t doorman elevator building with laundry and seasonal outdoor pool! The apartment has a sunken 21 x 12 living room facing East. There is a large coat closet in the entry huge closet off the foyer, a separate windowed kitchen with tile floors, stainless appliances including dishwasher, and granite counters. There is a small diningroom/office/2nd bedroom which is about 7 x 10, a beautifully renovated bathroom with white tiles, black granite floors, porcelain and wood sink/vanity linen closet outside, and a 17 x 11 bedroom with a large closet. The apartment is available for $1,842.21 with a 1 year lease or $1,860.23 / 2 years, and there is a pending MCI of $47.93/room. To qualify for this apartment, this landlord requires the following: 700 credit or better 40x monthly rent = minimum annual income (the usual formula in NYC) but adjusted for fixed debt For 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 qualify 3-4 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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