74 Richardson Street #17 $525,000
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74 Richardson Street #17
Coop in Williamsburg •  building info
1bd • 1ba • 510 ft² $1,029 per ft²
Sold price

$525,000

Key Details
Days on market
62
Last price change
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Estimated payment
$3,268
Monthly taxes
N/A
Monthly maintenance
$750
Description
IN CONTRACT - Located in the hot & trendy neighborhood of Williamsburg, this sunny and quiet north/south exposure convertible 2 bedroom/1 bath apartment has a fully renovated windowed kitchen featuring custom made cabinetry including a dishwasher + W/D hookups, windowed bathroom (unrenovated) and the bedroom can easily accommodatea queen sizebed. In addition, freshlypainted, new flooring, ultra-high ceilings with recessed lighting, customized built-in shelving system, and double pane windows.Note: The apartment can be returned to a 2 bedroom per the original floor plan and it's situatedon the 5th floor. The Maintenance of $750 includes heat/water/taxes. For primary residence ONLY, NO investors allowed.The building recently went through a magnificent interior renovation of hallways and stairwells exposingthe brick and returning it to its natural beauty. Financing is not an issue due to the very strong financials.No underlying mortgage, very well managed with an active Co-op Board, great managing agent, new intercom system & pet friendly.Fliptax: 20% of profit paid by seller on resale, subletting allowed. Convenient to restaurants, nightlife, stores, McCarren Park & commuting to the city is a breeze on the L train at Lorimer St. & G train at Metropolitan 6 blocks away. The B48 stop is one block away & the B62 & B24 are within 5 blocks. This is an income restricted 165% AMI HDFC co-op and the income restrictions are$131,340 for 1 person and $150,150 for 2 persons in household. You will be required to submit two years of tax returns to show you meet these limits, but your income can increase after you purchase.

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Important Stuff
Washer/Dryer In Unit
Amenities
BUILDING AMENITIES
  • Dogs allowed
  • Gifts Allowed
  • Sublets Allowed
LISTING AMENITIES
  • Convertible
History
What it'll cost
Purchase price
$525,000
Asking Price: $525,000
Term
30 Years
Down Payment
$105,000 (20%)
Min: 20% (105,000)
Rate
6.0 %
Mortgage Amount
$420,000
Mortgage Payment
$2,518
Maintenance
Estimated Yoreevo rebate

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Estimated closing cost
Total monthly cost $3,268
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