544 W 157TH Street #71

High floor, large rooms, original well-preserved oak parquet floors, eat-in kitchen in a split two bedroom with good light in Washington Heights. Apt is in a fiscally-sound, well-maintained HDFC with a marble lobby, live-in super, laundry and bike room. Mortgages OK and most banks will loan here. Liberal income caps are based on a formula and not AMI. For up to 3 dependents, household income up to $242,352 annually, more than 3 dependents, $282,744. You could move in as is- or enjoy a blank canvas ripe for renovation.W/D allowed in unit if properly installed. Convenient: one building away from the #1 train, 4 blocks from the C train, 8 blocks from Columbia Medical Center and New York Presbyterian Hospital, close to the George Washington Bridge (a sliver of which you can see out the window of the apartment) , Hudson River pathway, close to City College, Yeshiva, and the two main Columbia campuses, Manhattanville and Morningside. Buses to the East Side .Flip tax paid by seller: Owning for 5 years or less 20 %; owning for 5-10 years 12% and owning for 10 years or more: 8%. 20 percent cash down payment required for purchase.