534 East 11th STREET UNIT 14/15 FOR $650,000
(HDFC COOPERATIVE)

ADDRESS...........534 East 11th Street
NEIGHBORHOOD.....EAST VILLAGE
                                 
PRICE....................$650,000
MAINTENANCE......$1,407/MO

BEDROOMS................3
BATHROOMS..............2
SQUARE FEET..............873 ($744/sf)

NOTES

  • HDFC COOPERATIVE

  • ELEVATOR BUILDING

  • COMMON GARDENS

  • BIKE RACK

  • PRIVATE BASEMENT STORAGE ($40/mo)

FIRST TIME AVAILABLE SINCE 1988- 34 YEARS!

THE APARTMENT IS IN “ESTATE CONDITION” AND REQUIRES RENOVATION.

HDFC Cooperative with income restrictions set at $134,472. This is based on buyer’s stated income on their two (2) most recent tax returns. Both years must be under the income stated limit.

APARTMENT
The kitchen and one bathroom have been renovated but the remainder of the apartment requires renovation. This is a unique opportunity to reconfigure 873sf of space into a 2 or 3-bedroom apartment that has two full bathrooms in an elevator building.

BUILDING
This HDFC cooperative consists of 21 units- all units are owner occupied. The building includes a common garden, laundry room, bike rack, shared roof deck, and a newly installed elevator. The building has savings and financing is possible.

This apartment must be used as the owner’s primary residence. Parents gifting down payment or cash allowed but is done so with approval from both the co-op board and building management.

Flip tax of 10% of the profit upon sale.