1089 Bushwick Ave. #1B

1091 Bushwick Avenue
This is an HDFC cooperative with income restrictions- purchaser can not have made more than the below amounts in 2020, 2021, 2022 (tax return) or 2023 (employment letter/pay stubs) and buyers may not be gifted money for the down payment or have a mortgage guarantor. The income limit is only for incoming purchasers, there are no asset limits or future income limits for shareholders.

Family of 1- $112,080
Family of 2- $128,160
Family of 3- $144,120
Family of 4- $160,080

This approximately 625sf cooperative 1-bedroom apartment in Bushwick, Brooklyn is located on the 1st floor of a pre-war walk-up building features large living and bedrooms spaces with ample closet space in both the bedroom and entrance foyer.

Washers, dryers and dishwashers are allowed with board approval. Pets allowed with board approval.

BUILDING
This HDFC cooperative consists of 14 units and is a 5 minute walk to the Gates Ave J train line. The building has good financials, engaged shareholders that actively maintain the property allowing for consistently low maintenance, and no pending assessments.

This apartment must be used as the owner’s primary residence. The apartment may not be sublet. Upon resale, there is a 30% flip tax (Sale Price minus purchase price times 30% = flip tax) paid to the cooperative by the seller.