Full-service building offers top-of-the-line amenities: 24-hour doorman, laundry facility, live-in super, bike room, cable discount, community storage, pet friendly and thru-the wall AC for year round comfort. The well-run cooperative has just six apartments per floor, 96 units. Built in 1959. Discounted garage across the street. Co-owners allowed. Pied-a-terres, guarantors, and sublets are allowed, subject to board approval. Ideal Upper Eastside location west of Third and convenient to the subway, cross town bus, shopping and Central Park. 75% Financing allowed.
Description provided by Louise Devlin
Flip Tax - 2% paid by Seller (Note: the Board is not strict on whether the flip tax is paid by the purchaser or seller as long as the flip tax is paid)
Trust purchases are not permitted.
Trust transfers will be considered on a case by case basis.
Maximum Financing for purchases: 75%
Maximum amount for refinancing: 80%
New Loan may not be 2% higher than original loan.
SUBLETTING: One sublet is permitted during a shareholders ownership. One year with an option to renew for a second year. A maximum of 2 years total