ADDRESS...........989 Amsterdam Avenue
NEIGHBORHOOD.....Upper West Side
                                 
PRICE....................$800,000
MAINTENANCE......$845/MO

BEDROOMS................2
BATHROOMS..............2
Approx. SQUARE FEET........911 ($878/SF)

NOTES

• HDFC COOPERATIVE

• 5TH FLOOR WALK-UP

• SKYLIGHT, EXPOSED BRICK, HARDWOOD FLOORS

• DISHWASHER AND WASH

  *DRYER CAN BE INSTALLED

FIRST TIME AVAILABLE IN 42 YEARS!

APARTMENT
This approximately 900sf, 2-bedroom/2-bath duplex apartment 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).

BUILDING
This HDFC cooperative consists of 9 units. There are no income limits or restrictions on resale price.

The building includes a common roof deck (completion Summer 2023) and 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 owner’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