40-05 Ithaca St #1K, Queens, NY 11373

SPONSOR SALE – NO BOARD APPROVAL Agents gladly welcome – 2% co-broke to a buyer’s agent. Financing is available from a preferred lender. Sublet policy – can be rented from day 1 without any restrictions. Low monthly maintenance allows for a 6%+ cap rate based on $1,700 market rent. Pet Policy – Pets allowed. No weight restrictions. Address: 40-05 Ithaca St, apt. 1K, Brooklyn, New York 11373 Price: $248,000 Buyer pays transfer taxes of 1.4% plus sponsor’s legal fees of $3,000. Bedroom: 0 (studio) Bathroom: 1 Maintenance/Carrying Costs: $412.33/per month; no assessments currently. Includes heat, hot water, real estate taxes and building insurance. Does not include electricity. Approximate Square Footage: 425 No flip tax upon sale Brand new vinyl flooring throughout. Kitchen – Quartz countertops, quartz backsplash, stainless steel appliances (Avanti stove, Hair microwave, Hair refrigerator, dishwasher), spotlights in kitchen area. Bathroom – Has a window and is in move in condition. Ceramic tiling on the floor and tiled up to the ceiling, new medicine cabinet with overhead lighting, reglazed bathtub, new vanity, medicine cabinet and sink. Heating pipe has been encapsulated. Closets – Three total, including a walk-in closet. All closets have interior lighting. There is a large walk-in closet/dressing room between the living room and bathroom area. Exposures – Three windows facing the interior of the building. Very quiet exposure. Extras: 1. New radiator grills. 2. Baseboard molding. 3. New exterior plumbing and electrical work performed. 4. GFCI outlets in kitchen and bathroom. Building and Neighborhood Features A) Live in super B) Cameras throughout the lobby C) Laundry room facilities D) Double pane windows E) The cooperative is centrally located in Elmhurst, NY, two blocks from the 7 train (82nd street train station stop) and 6 blocks from the E, M and R train (Elmhurst Avenue train station stop) F) Parents purchasing for parents and parents purchasing for children is allowed G) pied-a-terre living situations will be considered.