And so I am asking for a little help from my friends, some help in finding the right buyer for a ridiculously affordable Manhattan Co-op.
Find a qualified buyer for 242 W 112th St (HDFC Co-op) and you get $1000 at closing.
That's it. No gimmicks, no loop holes, no caveats, nothing to buy, nothing to lose. If you can find a qualified buyer for a ridiculously affordable Manhattan apartment, I give you $1000 for your benevolence in this quest. I don't care if the buyer is you, your hair dresser, your roommate, your dog walker, your ex, as long as they qualify to purchase an HDFC co-op and sign the papers the $ is yours.
Asking: $242,000 for 242 W 112th
Monthly Maintenance $307 (this is extremely low)
Located just two short blocks from Central Park, borders Morningside Heights, UWS, and steps from Columbia.
Spacious studio with high ceilings, warm hardwood floors, lots of light & windows. Approx 500 sq ft. Spacious closet space, separate eat in kitchen, large enough to divide the space for bedroom or office from living space. Washer/Dryer in building. Fully furnished (if you want it to be)!
Qualifications for an HDFC CO-OP:
- 10% minimum down payment
- Income not to exceed $96,240 for 1 person, $113,563 for 2 persons
- Owner Occupied with desire to stay long term (5+ years)
- Max of 18 months unit can be rented in 5yr period
- Understand 30% flip tax on the sale of the unit
- Approval of Co-op Board
Interested buyers only, no investors, no brokers please.
Viewings available Tues & Wed eve 7-9pm, Sat 10am-12.
Please contact me at yogacookie@gmail.com or 801.809.2120.