74 Richardson Street #11

IN CONTRACT - Only CASH buyer(s) considered. Gut renovated, sunny and quiet 2 bedroom/1 bath on the 3rd floor of a prewar walk-up. This unit features bright N/S exposure, 8' - 9'3"ft ceilings, new double pane windows, new oak floors throughout, as well as new windowed kitchen and bathroom. Prime location on the border of Williamsburg and Greenpoint, just one block from McCarren Park and six blocks from the L and G trains at Lorimer/Metropolitan.The building has no underlying mortgage and is very well managed with an active co-op board and a great managing agent. Flip-tax: 20% of profit paid by seller on resale. Subletting is allowed subject to House Rules and board approval. W/D, D/W and pets are allowed subject to board approval. (Sponsor Sale). Monthly maintenance of $750 includes heat/water/taxes.This is an HDFC co-op. Prospective buyers must provide 2014 & 2015 tax returns, each showing adjusted gross income that does not exceed 120% of the Area Median Income (AMI) determined by HUD. These limits are as follows: Single occupant: $76,125; Two occupants: $87,000; Family of 3: $97,875; Family of 4: $108,750NOTE: Primary residents ONLY (NO investors). No financing available for now.