535 East 6th Street 5th Floor for $1,100,000

ADDRESS...........535 EAST 6TH STREET
NEIGHBORHOOD.....EAST VILLAGE
                                 
PRICE....................$1,100,000
MAINTENANCE......$720/MO

BEDROOMS................2
BATHROOMS..............1
SQUARE FEET..............1,100 ($1,100/SF)

NOTES

  • HDFC COOPERATIVE

  • 5TH FLOOR WALK-UP

  • COMMON GARDENS

  • BIKE RACK

    *No laundry in unit or building

FIRST TIME AVAILABLE IN 39 YEARS!

Income Limit- This is an HDFC cooperative with income restrictions- purchaser can not have made more than $167,000 in either 2020, 2021, or currently. The income limit is only for incoming purchasers and based on tax returns and current pay stubs. There are no asset limits for buyers or future income limits once you’ve purchased.

APARTMENT
This approximately 1,100sf, 2-bedroom/1-bath apartment in the East Village has been updated over the years while still maintaining original touches of character that are rarely seen in apartments coming to market. Kitchen and bathroom will likely need updates, but the

The apartment located on the 5th floor of a pre-war walk up building features a Southern exposure in the living room and Northern windows in the bedrooms overlooking a large, shared common garden in the rear of the building. There is a natural flow to the apartment and is currently configured as a 2-bedroom that provides options to reconfigure.

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.

Parents gifting down payment and bank financing are allowed. Dishwashers and pets are allowed with board approval. There is no laundry in unit or basement.

Flip tax of 7% of the profit upon sale.