East 7th Street between Avenue C and Cortelyou Road: 750 Sq.Ft. recently updated 1 bedroom with West views in a well maintained 1960's elevator building with live-in super and laundry room. The apartment has a 20 x 12 livingroom facing West overlooking East 7th Street with an additional 10 x 12 dining area with a wall of closets outside the separate kitchen with wood cabinets and white appliances. There is a group of original cabinets and drawers outside the recently gut renovated full bathroom, and an 11 x 16 bedroom with 2 more large closets. The building is a 7 block walk to the F at Ditmas Avenue, and a 9 block walk to the Q at Cortelyou Road (5 minutes from Lira, Purple Yam, Farm on Adderley, etc). The apartment is rent stabilized with a preferential rent. Note: Pending MCI ($26.17/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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