Great investment opportunity with seller financing available (50% downpayment or more required to purchase). The coop sponsor owns 85% of the units and it is run more like a rental building with no board interview and no sublet fees/restrictions. Renter currently in place at $1,700/month. Could substantially increase by renting out rooms separately, as this unit is basically two studio apartments with shared kitchen and bath. Easy board approval/no interview, no rent fees/restrictions, no flip tax, and no current building assessments (a few upgrades last year). Apartment: Currently set up as a two bedroom with living areas in each room (couch, desk, dressers etc). Front door opens into a foyer with coat closet and hallway connecting 2 large rooms (at opposite ends), separate kitchen and bathroom. Windows in all rooms, ample closet space, and large pantry across from the kitchen. Bright 3rd floor unit. Building: Great community of residents in this well maintained co-op. Live in super and laundry in the building. Beautiful details on brick facade and spacious Art Deco-esque lobby. Location: Trains - 7,E,F,M,R Buses - Q32, Q66, and Q33 Located 1 block away from Northern Blvd where you will find countless shops and amenities. Neighborhood: Jackson Heights - The first garden city community built in America is now home to a smorgasbord of international cuisines, perfect for foodies. It will also appeal to those who love the hustle and bustle of Manhattan but desire a lower price point.
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