411 East 26th St. #3G

Agents welcome. We co-broke. 2% to a buyer’s agent.
Seller is offering 6 month maintenance credit.

Apartment Essentials
Address: 425 East 26th Street, apt. 3E, Brooklyn, New York 11226
Sponsor sale, no board approval
Price: $289,000
There is a preferred lender to purchase the cooperative. This building qualifies for a .5 percent (1/2) interest rate reduction from the preferred lender. Preferred lender has access to a $10,000 grant for 1-2 people household with the following annual salary limit of $135,552. There is a potential second grant which will pay up to 20% of the purchase price (300,000 sale X 20% would be a $60,000 grant). Income restricted income of $79,200 for one person and $90,500 for a two person household. All grants are subject to housing counseling and subject to the banks underwriting criteria to qualify.
Buyer to pay transfer taxes of 1.4% and sponsor’s legal fees of approximately $3,000.
Bedroom: 1 (Can be easily converted to a Junior 4)
Bathroom: 1
Maintenance/Carrying Costs: $754.62/per month
Approximate Square Footage: 725
95% FINANCING IS POSSIBLE IF BUYER IS PRE-APPROVED.
No flip tax upon sale

Parquet hardwood floors throughout.
Separate pass-through kitchen with quartz countertops, wood cabinets, ceramic backsplash, and stainless
steel appliances (Whirlpool stove with hood and Frigidaire fridge). All the appliances are brand new and
have never been used.
Bathroom