40-05 Ithaca St #5H, Queens, NY 11373

SPONSOR SALE – NO BOARD APPROVAL Agents gladly welcome – 2% co-broke to a buyer’s agent. Financing is available from traditional lender (Chase) and there is a preferred lender that will provide financing for investment cooperative loans. Flexible financing terms. 5% - 10% down will work on a case-by-case basis. The preferred lender also has first-time home owner (must reside as primary residence) closing programs that can provide a closing cost credit of up to $10,000 for eligible closing costs (i.e. appraisal, bank processing fee, bank origination fee, HOA questionnaire fees, bank attorney fee, etc.) as well as down payment assistance. Income dependent. Sublet policy – can be rented from day 1 without any restrictions. No sublet fee. Pet Policy – Pets allowed. No weight restrictions. Address: 40-05 Ithaca St, apt. 5-H, Brooklyn, New York 11373 Price: $249,000 Buyer to pay transfer taxes of 1.4% and sponsor's legal fees of approximately $3,000. Bedroom: 0 (studio) Bathroom: 1 Maintenance/Carrying Costs: $611.35/per month; no assessments currently. Approximate Square Footage: 500 No flip tax upon sale Parquet hardwood floors throughout. Kitchen – Formica countertops, wood cabinets, brand new stainless steel appliances (Haier fridge), Avanti stove, Broan hood). Bathroom – Has been gut renovated with new ceramic tiled to the ceiling, new bathtub, vanity, medicine cabinet and sink. Bathroom has a window. There is a powder room between the living room and bathroom area. Exposures – Windows face Ithaca Street with western and northern views. New energy efficient lighting fixtures installed. Freshly painted. Three closets plus a pantry closet. New radiator grills. Building and Neighborhood Features A) Live in super B) Cameras throughout the lobby C) Laundry room facilities D) Double pane windows E) Intercom system. F) 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) G) Parents purchasing for parents and parents purchasing for children is allowed H) pied-a-terre living situations will be considered.