FIRST TIME AVAILABLE IN 42 YEARS!
This approximately 900sf, 2-bedroom/2-bath DUPLEX in the Upper West Side has been updated over the years while still maintaining original touches of character that are rarely seen in apartments coming to market.
The apartment is located on the 5th floor (4 flights) of a pre-war walk up building and features an open, Eastern exposure in the living room, skylight, exposed brick, renovated kitchen/bathrooms, ample closet space, dishwasher, and washer (w/ability to include a dryer).
Apartment includes a ~50sf storage cage in the basement.
This cooperative consists of 13 units.
The building has no pending assessments. The building has strong financials, management company, and engaged shareholders that actively maintain the property allowing for consistently low maintenance. This apartment must be used as the ownerÃƒƒÃ‚¢Ãƒ‚Ã‚€Ãƒ‚Ã‚™s primary residence.
Parents gifting down payment and bank financing are allowed with board approval.
Renovations, washer/dryer, and pets are also allowed with board approval.
The flip tax (paid by sellers) is structured as follows:
-10% of Profit if seller has owned less than 5 years
-5% of Profit if seller has owned for 5-10 years
-2.5% of Profit if seller has owned for 10-15 years
-1% of Profit if seller has owned for 15+ years
Depending on buyer's financials, they may have to provide additional maintenance deposit at closing to be held for the first two years of ownership.