Coop for Sale in New York, Manhattan, NY 10030 | Web ID: PH301190 | $149,000

 
Property Description

Newly renovated and terrific value, this lovely 1-bedroom, 1-bathroom apartment is move-in ready, with new flooring, high ceilings, lots of light, an updated tiled bathroom, well-equipped kitchen, and plenty of closet space. Common charges are an affordable $527/month. This is a housing development fund corporation (hdfc) building, subject to section 576b, article xi of the private housing finance law (phfl). New purchasers of shares may not have an income greater than six times the annual cost of maintenance charges and utilities ("carrying charges") for the apartment, or seven times the annual carrying charges for purchasers in families with three or more dependents. Based on this formula, we estimate an upper income limit of approximately $68, 000 per year for a buyer with less than three dependents subject to board approval - please confirm independently with your real estate attorney. Please see the due diligence folder for this listing (click the button on the right of this page to access). Please also note that per the board, financing may be difficult in this building - as such a full cash offer will be the most direct route to a successfully executed contract. This co-op comes with a unique feature: owner-occupancy restrictions. It allows you the flexibility to rent it out, but keep in mind, rentals are limited to 2-year terms. The neighborhood features restaurants including londel's, belle harlem, ponty bistro, ruby's vintage, the edge, harlem nights, and the the ink, nbhd brulee and manhattanville cafs and make my cake bakery, and more. Local cultural and architectural attractions include the studio museum of harlem, the schomburg center, striver's row, city college and the world-famous apollo theater. A new foodtown supermarket, starbucks, new york sports club and st. Nicholas park are nearby. Sylvia's, the red rooster, corner social, and food shopping at whole foods for a home-cooked meal are all just one subway stop or a 5 minute bus ride away on 125th street, and the building is close to the 3 express and a/b/c/d trains and m2, m7 and m102 buses. All information is gathered from third-party sources and is deemed reliable. Please consult with your own advisors. Apartment #41 at 219 w 144th street represents an excellent opportunity for the right buyer. Showings are by appointment - please contact the listing brokerage, harlem lofts inc for your private tour. A video tour is also now available - please see the link at the top of the listing page. Important note: financing options and proof of fundsplease be aware that financing for this property may currently pose a challenge awaiting some planned building upgrades. The property's pricing has been adjusted accordingly. Before scheduling a viewing, the owner requests proof of funds. Your understanding and cooperation with these requirements are greatly appreciated. If you have any questions or need further details, please don't hesitate to contact us. Your satisfaction and confidence in your purchase are our top priorities.

Property Information
Location/Town New York
Area/County Manhattan
Prop. Type Coop for Sale
Maintenance $527.00
Bedrooms 1
Total Rooms 4
Total Baths 1
Full Baths 1
# Stories 6
Year Built 1940
Basement See Remarks
Cooling None
Heat Source Other, See Remarks
Pets Call
Parking Features Other
School District City of New York
Middle School Call Listing Agent
Elementary School Call Listing Agent
Features High ceilings
Listing information courtesy of: Harlem Lofts Inc.
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