227 South 3rd St. #3

This apartment has been on the market for a long time without a major price reduction, but finally the sellers have decided to listen to the market and drop the price. For $235,000 you can own a 2 bedroom in one of New York’s most desirable neighborhoods and have money left over for renovations. This apartment is found in a classic pre war building on the South side of Williamsburg just 3 blocks to the JMZ at Marcy and Williamsburg Bridge. The Bedford L is also just a 6 minute walk and will have you in Manhattan in just 1 stop! Great shopping, restaurants, bars and much more are right outside your door on Grand Street and Bedford Avenue. The interior of the apartment has great bones with bedrooms on opposite ends of the apartment and a large living room and kitchen. Some updating to the space is needed, but with the money you save on the purchase price will more than pay for anything you can dream of. With 20% down, monthly mortgage costs would be only about $1,100 a month plus $527 for maintenance. Even a non sophisticated buyer knows that a 2 bedroom in Williamsburg for this price is a steal! This is an HDFC Coop, in order to qualify, one or two people in a purchasing family can make no more than $55,944 and three people in a purchasing family can make no more than $65,268 based on your adjusted gross income from your last 3 years tax returns. Call for more details on HDFC apartments