Rare opportunity to become a home-owner in an HDFC Income-Restricted Cooperative Lower East Side building. Situated on a quiet block across from Sarah D. Roosevelt park, this pre-war apartment was converted from a two bedroom to an open-plan alcove studio in 2009 with high end finishes and modern fixtures.
Rare opportunity to become a home-owner in an HDFC Income-Restricted Cooperative Lower East Side building. Situated on a quiet block across from Sarah D. Roosevelt park, this pre-war apartment was converted from a two bedroom to an open-plan alcove studio in 2009 with high end finishes and modern fixtures.
Apartment is located on the third floor and boasts an affordable maintenance fee of $539/mo in a newly renovated building. The buyer’s income may not exceed 120% of the neighborhood’s median income: $72,150 for one individual or $82,500 for two individuals.
New owner will enjoy an open floor plan with wide plank Ash Vulcano floors by Mafi imported from Austria, spanning over 26 feet, the entire width of the apartment. Current owner has added recessed lighting with Lutron dimmers and solid wood doors with pivot hinges. The bathroom is complimented with a glass enclosed marble shower, Dornbracht rain-showerhead and fixtures, Geberit wall hung toilet and flush actuator and a custom square Corian sink with Dornbracht faucet. The kitchen is also finished with a Corian countertop amongst a Miele cooktop, Bosch oven, Faber pull-out hood, Hansgrohe faucet and Sub-Zero refrigerator with double freezer.
With four large, east-facing windows overlooking a full block grass-filled neighborhood courtyard, this 520 square foot* apartment is shielded from LES nightlife but remains sun drenched all year long.
Building is located in a vivacious neighborhood, two blocks away from the F subway line, across from soccer fields and down the street from Whole Foods.172 Forsyth Street’s new management is currently in the process of installing a basement laundry room, digital intercom system, bike storage and more. As per the offering plan, shareholder may sublet for up to 18 months. HDFC flip tax requires net profit split for apartment sale: 70% to shareholder and 30% to cooperative. Financing is not required.
For sale by owner. Seller agrees to pay a Cooperating Brokerage fee of 3% of the total purchase price for unit.
Please email only: 172ForsythSt3A@gmail.com
*Disclaimer: Floor Plan measurements are approximate and are for illustrative purposes only. While we do not doubt the floor plan’s accuracy, we make no guarantee, warranty or representation as to the accuracy and completeness of the floor plan. You or your advisors should conduct a careful, independent investigation of the property to determine your satisfaction as to the suitability of the property of your space requirements.