SPONSOR SALE - NO BOARD APPROVAL Agents gladly welcome - 2% co-broke to a buyer's agent. Financing is available from traditional lenders. Flexible financing terms. 5% - 10% down will work on a case-by-case basis. In addition, listing agent has procured a lender who can lend on the following terms: 30 year fixed interest rate is approximately 2.54% 15 year fixed interest rate is approximately 2.32%. Buyer(s) must reside in the premises as their primary residence. If choosing this option, buyer must put down 20% down payment. Preferred lender will provide a closing cost credit of up to $7,000 for eligible closing costs (i.e. appraisal, bank processing fee, bank origination fee, HOA questionnaire fees, bank attorney fee, etc). Sublet policy - can be rented from day 1 without any restrictions. No sublet fee. Cap rate is 6%, assuming cash investor and $1,600 rent. Pet Policy - Pets allowed. No weight restrictions. Address: 40-05 Ithaca St, apt. 1F, Brooklyn, New York 11373 Sponsor sale, no board approval Price: $235,000 Buyer to pay transfer taxes of 1.4% and sponsor's legal fees of approximately $2,000. Bedroom: 0 (studio) Bathroom: 1 Maintenance/Carrying Costs: $446.97/per month; no assessments currently. Approximate Square Footage: 450 No flip tax upon sale Parquet hardwood floors throughout. Kitchen - Granite countertops, wood cabinets, stainless steel appliances. Bathroom - is in move in condition, tiled to the ceiling, new bathtub, vanity, medicine cabinet and sink. Bathroom has a window. There is a powder room between the living room and bathroom area. Exposures - Windows face Ithaca Street. New energy efficient lighting fixtures installed. Freshly painted. Two closets. Building and Neighborhood Features A) Live in super B) Cameras throughout the lobby C) Laundry room facilities D) Double pane windows E) The cooperative is centrally located in Elmhurst, NY, two blocks from the 7 train (82nd street train station stop) and 6 blocks from the E, M and R train (Elmhurst Avenue train station stop) F) Parents purchasing for parents and parents purchasing for children is allowed G) pied-a-terre living situations will be considered.
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