74 Richardson Street #18

SOLD/CLOSED - Primary residents only, no investors. Bank approved. Sunny & quiet 2 bedrooms/1 bath in excellent condition is situated on the top floor (4 flights) of a pre-war walk-up. Featuring a renovated unit bright S & N exposure, high 9'4" ceilings, new double pane windows, oak floors throughout and intercom. The large windowed kitchen features stainless steel appliances with double door fridge, gas range with vent & W/D hookups in place. Pets allowed subject to board approval. The monthly maintenance of $750 includes heat/water/taxes. Prime location on the border of Williamsburg & Greenpoint, close to McCarren Park & 6 blocks from the L and G trains at Lorimer/Metropolitan & B48 bus on corner of Lorimer/Richardson. The building has no underlying mortgage, is very well managed with an amazing active co-op board & a great managing agent. Imminent plans to restore the lobby and hallways. Flip-tax: 20% of profit paid by seller on resale. Subletting is allowed subject to House Rules & board approval. This is an HDFC co-op. Prospective buyers must provide 2015 & 2016 tax returns, each showing AGI (line 37) that does not exceed 120% of the Area Median Income (AMI). The 2017 limits are as follows: 1 occupant: $80,160 for 1 person, $91,680 for 2; $103,080 for 3; $114,480 for 4; $123,720 for 5 & $132,840 for 6 persons based on 2016 AGI income (Line 37).