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25 Franklin Avenue
Coop in White Plains •  building info
studio • 800ft² $231 per ft²
List Price

$185,000

Listing Agent
Lynn Conway  • Houlihan Lawrence Inc.
Key Details
Days on market
57
Last price change
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Estimated payment
$960
Monthly taxes
N/A
Monthly maintenance
$0
Description
"The Office". The only business office space in Franklin Towers conveniently located in downtown White Plains with it's own ground level entrance. Entry, office, large open work area, additional work area and storage, kitchenette, full bath, closet, door to lobby. Additional off street parking in front of the building. This is a co-op building. Monthly maintenance $879 includes heat & hot water. Parking for 2 assigned spaces $130. per month. Minimum credit score 725, maximum total debt (mortgage/maintenance/all other debt service) to income coverage 28% of gross income, minimum cash on hand: 6 months of maintenance after closing. Loan to value ratio 80%.

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Building Amenities
Parking Available
Building info

History
What it'll cost
Purchase price
$185,000
Asking Price: $185,000
Term
30 Years
Down Payment
$37,000 (20%)
Min: 20% (37,000)
Rate
6.75 %
Mortgage Amount
$148,000
Mortgage Payment
$960
Maintenance
$0
Estimated closing cost
$7,000
Total monthly cost $960
Listing Courtesy of Houlihan Lawrence Inc.

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