- Bathrooms: 1
- Size: 35 m²
- Price: $210,000
Recently renovated and an excellent value, this lovely 1 bedroom, 1 bathroom apartment represents a wonderful opportunity. This unit is in excellent condition and move-in ready, featuring new flooring, high ceilings, an updated tiled bathroom, a well-appointed kitchen, and ample closet space. The living/dining area offers large west-facing windows, and the apartment is bright with plenty of natural light. The common charges are $502/month and there is an in-building laundry. This is a Housing Development Fund Corporation (HDFC) building and as such, is subject to Section 576B, Article XI of the Private Housing Finance Law (PHFL). New purchasers of shares cannot have an income that is more than six times the annual cost of the maintenance and utility charges (“maintenance charges”) for the apartment, or seven times the annual maintenance charges for purchasers in households with three or more dependents. Based on this formula, we estimate a maximum income cap of approximately $50,000 per year for a Purchaser with less than three dependents – please confirm independently with your real estate attorney. For more on income restrictions, flip tax and primary residency requirements, plea