74 Richardson Street #2

CONTRACT OUT - Primary residents only, no investors in this 165% HDFC Coop. Beautifully GUT RENOVATED open plan Jnr 1 bed/1 bath is situated on the 1st floor above street level. VERY bright open plan layout with N/S exposure, high 9'7" ceilings, great closets with storage above, new double pane windows with blinds, exposed brick, oak floors and intercom. The quiet bedroom easily fits a Full or Queen size bed. The kitchen features abundance of cabinets, top of the line stainless steel appliances, marble counters & W/D hookups. The windowed bathroom has a shower stall, marble top vanity & subway tiles. Pets allowed subject to board approval. The monthly maint. of $650 includes heat/water/taxes. Prime location on the border of Williamsburg & Greenpoint, 1 block to McCarren Park & a few blocks from the L & G trains at Lorimer/Metropolitan, Bedford Stations & B48 bus at Lorimer/Richardson. The building has no underlying mortgage, strong financials, is very well managed & the lobby & hallways have been updated. Prospective buyers must provide 2016 & 2017 tax returns, each showing AGI (line 37) that does not exceed 165% AMI. The 2018 limits are: $120,615 for 1 occupant; $137,775 for 2 occupants. FINANCING available. Flip-tax: 20% of profit paid by seller on resale. Subletting is allowed subject to House Rules & board approval.