Property Details

Overview

All CASH AND WELL QUALIFIED BUYER NEEDED... BOAR APPROVAL REQUIRED... FULLY READ THE DESCRIPTION BEFORE INQUIRING/EMAILS PREFERRED: ONE OF A KIND BROKERS: a scarce opportunity to own a large 1 bedroom coop on the top floor of a pre-war elevator building in the section of Allerton WITH A $80, 000 CONCESSION AT CLOSING. The building has a laundry facility & storage units available for rent, conveniently located to shops, transportation ( #2 & #5 train in Allerton station as well as express bx#11 & bx #26 ), and much more. All utilities ( electric, heat, gas, and hot water) are included. no subleasing is allowed and it has to be owner-occupied. ALL CASH only according to the by-laws. pets are allowed under 50 pounds. This unit is move-in ready and it only needs you. come and view before is too late. board approval is required. dti under 25%. *OFFERS TO BE SUBMITTED WITH A FILLED APPLICATION ONLY, FINANCIAL CONFIRMING THE DTI IS LOWER THAN 25%, PROOF OF FUNDS ( ALL CASH ), AND THE CLIENT HAS COMPLETE KNOWLEDGE OF THE COOP FINANCIAL SITUATION. A MINIMUM OF 2 YEARS OF RESERVES PREFERRED AFTER CLOSING. DISCLOSURE:: as per management, some tenants are not currently paying, the last financial information is limited and from 2019 only. Corporation does not have sufficient funds in the reserve, and there is no proprietary lease/offer plan. keep in mind this is why it’s being offered at such a great price. COOP ITS BEING SOLD AS IS AND WITH THESE DISCLOSURES. CONTRACT MUST STATE $140K as nothing less will be approved, and CREDIT WILL BE GIVEN. THIS UNIT IS MOVE IN READY AND IT ONLY NEEDS YOU. COME AND VIEW BEFORE IS TOO LATE. BOARD APPROVAL REQUIRED. DTI UNDER 25%.