IN CONTRACT -- Located in the hot & trendy neighborhood of Williamsburg, this triple exposure 2 BR/1 Bath apartment requires a major renovation but priced to sell. Featuring N/S/W exposures, 2nd floor walk-up, a sizable windowed kitchen with western exposure & the master bedroom is large enough for a queen size bed. W/D & Dishwasher allowed with licensed plumber. The Maintenance of $704.35 includes heat/water/taxes. For primary residence ONLY, NO investors or pied-a-terre's allowed. The HDFC Coop is very well managed with an active Board, handy Super/Porter, new intercom system, recently painted hallway/stairwells/foyer with new light fixtures and pet friendly too. Flip Tax: 30% of profit paid by seller on resale, sublet policy 18 months out of every 5 yrs, NO underlying mortgage, VERY strong financials including 2 commercial stores (i.e. Rent-a-Bike for Brooklyn Tours store) which feed the Co-op's ever-growing reserve and the building has converted from oil to gas. Convenient to restaurants, nightlife & stores. Commuting to the city is a breeze with the J/M/Z at Marcy & the L trains at Lorimer just a short distance away which allows you to transfer to all major subways. This is an HDFC 120% median income restricted building. The 2016 INCOME CAPS are: $76,125 for 1; $87,000 for 2; $97,875 for 3, $108,750 for 4; $117,450 for 5; $126,150 for 6; $134,850 for 7 & $143,550 for 8 in household based on 2015 income. CITIBANK, MORTGAGE MASTER & STERLING BANK APPROVED
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.
