Price Cut Co-op in Mt. Morris
I received the following email about a one bedroom condo for sale in the Mt. Morris Park area. Not only has the price been slashed by $20,000, but the owner is also offering an additional $10,000 off for renovations. The agent states that the “new Applebees will be right around the corner.” Details about the coop are after the jump.
1 West 126th St.,
The Beautiful Mt. Morris Park
Asking Price: Was 369,000 Now $349,000
Seller is also giving 10k at closing for Renovations
Bedrooms: #1
Baths: #1
Sq.ft: 775 SF
Description: This very large one bedroom, south-facing co-op home is design ed by Jonathan Adler and is located in a very beautiful, pre-war art deco, eleva tor building complete with Terrazzo lobby and corridors. This pre-war home features hard wood floors and h igh ceilings. The very desirable, 5-Star location is right off of Fifth Avenue, 1 block to 125th St., steps to Mt. Morris Park, the 2/3/4/5/6 trains and Metro North Line. The new Applebees will be constructed around the corner and Marshall’s, Staples, CVS and the world fam ous Sylvia’s and Lenox Lounge are just a block away. Co-op board is very reasonable, and renovations and=2 0sublets are allowed. Maintenance is very low at $431/month. 90% financing allowed. Thi s is an income restricted building. 2008 income restrictions are $88,770/year for single, $101,310 for couple, $114,015 for 3 persons and $126,720 for 4 persons.
Lorene Cowan
Ivory King Management & Realty LLC
917-860-2314
Lorenecowan@aol.com
Related: A rental listed in the same building.
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