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This 1-bedroom is approximately 821 square feet. It is in original condition, but it is clean and very livable in its current state, if circumstances require. The apartment offers good room dimensions, a windowed, eat-in kitchen, a windowed bath, and from the bedroom, double exposures with direct downtown skyline views and beautiful southern sunlight. The super low maintenance of $523 is a great bonus. In addition, 68% of the maintenance is tax deductible.
Situated in a park-like setting, the building, which is part of the 4-building Seward Park complex, has a 24-hour lobby attendant, 24-hour fully-equipped gym, expansive children’s playroom and a gated outdoor playground. The building has underground parking, storage and a bike rack, but there are waiting lists for each. The building is a 5 minute walk to the F,J,M, Z subway lines.
This financially-secure coop maintains a cash reserve fund of $8,750,000 and requires purchasers to tender a 20% down payment and carry a maximum debt-to-income ratio of ~30%. The coop does not permit a washer/dryer in unit, but it does permit pets, pied-a-terre (i.e. second home) use, guarantors and parents buying for/with children.
Keywords: estate condition, estate sale, renovation required, needs renovation, needs work, TLC, handyman special, bring your contractor, value add.
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