ADDRESS...........620 EAST 9TH STREET
NEIGHBORHOOD.....EAST VILLAGE
                                 
PRICE....................$600,000
MAINTENANCE......$525/MO

BEDROOMS................1
BATHROOMS..............1
SQUARE FEET..............700

NOTES

• HDFC COOPERATIVE

• 5th FLOOR WALK-UP (4 FLIGHTS)

• COMMON GARDENS

• BIKE RACK

• INCOME FROM RETAIL SPACES

This approximately 700sf cooperative 1-bedroom/1-bathroom 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.

HDFC Cooperative with income restrictions set at 120% of the 2024 AMI and based on two most recent completed tax returns and current employment paystubs/employment letter.

1 Person- $130,440
2 Persons- $149,160
3 Persons- $167,760
4 Persons- $186,360

The apartment located on the 5th floor of a pre-war walk up building features North, South, and East facing windows and greatly benefits from the large, shared common garden in the rear of the building. Exposed brick, original decorative fireplaces, 10ft ceilings, three exposures, and defined living/dining/bedroom areas set this apartment apart from the rest.

BUILDING
This HDFC cooperative consists of four buildings (614-616-618-620 East 9th Street). The building includes a common garden, bike rack, and a new boiler/chimney. The building has strong financials and receives income from the buildings’ retail spaces allowing for consistently low maintenance.

This apartment must be used as the owner’s primary residence. Parents buying for their children, guarantors, and gifting allowed but is done so with approval from both the co-op board and building management. Sublets, washer/dryers, and dishwashers are allowed upon board approval.

Flip tax of 30% of the profit upon sale and is calculated as (Sale Price minus Purchase Price) times 30%. This is paid by the seller to the cooperative.