535 East 6th Street 5th Floor (Unit 6) for $1,100,000
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ADDRESS...........535 EAST 6TH STREET
NEIGHBORHOOD.....EAST VILLAGE
PRICE....................$1,100,000
MAINTENANCE......$720
BEDROOMS................2.5
BATHROOMS..............1
SQUARE FEET..............
NOTES
HDFC COOPERATIVE
5TH FLOOR WALK-UP
COMMON GARDENS
BIKE RACK
FIRST TIME AVAILABLE IN SINCE 1983!
Income Limit This is an HDFC cooperative with income restrictions- purchaser can not have made more than $167,000 in either 2020 and 2021. The income limit is only for incoming purchasers, there are no asset limits or future income limits for shareholders.
APARTMENT
This approximately 382sf cooperative apartment with an additional 90sf of private storage in the East Village has been curated over the years while still maintaining original touches of character that are rarely seen in apartments coming to market.
The apartment located on the 5th floor of a pre-war walk up building features a Southern exposure in the living room and North facing windows in the two bedrooms overlooking the large, shared common garden in the rear of the building.
There is a natural flow to the apartment having maintained it’s original open floor plan and is currently a true 2-bedroom with multiple options to reconfigure the rooms as needed.
The living room has 11.5 foot ceilings that gently slope back to the bedrooms in the rear of the apartment.
BUILDING
This HDFC cooperative consists of 7 units. The building includes a common garden, bike rack, and has no pending assessments. The building has strong financials and engaged shareholders that actively maintain the property allowing for consistently low maintenance. This apartment must be used as the owner’s primary residence.
Gifting of down payment or purchase price and bank financing are allowed. Dishwashers and pets are allowed upon board approval.
Flip tax is 7% of profit.