Brokers welcome – we co-broke Apartment Essentials Address: 425 East 26th Street, apt. 4M, Brooklyn, New York 11226 Sponsor sale, no board approval , 10% down and 90% financing is fine if your financials qualify for a lender! Price: $249,000 Financing available under the following terms: Traditional 30 year fixed rate financing OR Owner financing based on the following: 1) Amount financed – purchasers whose financial and credit condition are satisfactory to the holder of unsold shares may qualify for loans of up to 67% of the purchase price; 2) Term of loan – 5 years; 3) Interest – 6% per year; full details of loan can be emailed upon request of prospective buyer. Buyer to pay transfer taxes of 1.4% and sponsor's legal fees of approximately $1,500. Bedroom: 0 (studio which can be converted to one bedroom) Bathroom: 1 Facing the back of the building. Maintenance/Carrying Costs: $420.27/per month Approximate Square Footage: 500 No flip tax upon sale Sunken living room area Parquet hardwood floors throughout Separate kitchen containing wood cabinets, Kenmore stainless steel appliances and food panty closet. Bathroom is in move in condition, tiled to the ceiling with good quality tub, sink, medicine cabinet, and toilet. Powder room before entering bathroom with additional storage area Building and Neighborhood Features A) Live in super B) Modern renovated lobby C) Cameras throughout the lobby D) Laundry room facilities E) The cooperative is centrally located in East Flatbush, 2 blocks to the 2 and 5 trains. Walking distance to Brooklyn College and Target. 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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