Upper Manhattan, NYC
Cond-Op
·$349,000
Reduced to $349,000, buy this 2 bedroom/1.5 bath unit in Bradhurst Court, a Harlem cond-op (see What Is A Cond-op? below). Your monthly after tax costs would be about $1,824 (based on a 30 year mortgage at 4% with 20% down and a 35% income tax rate).
Located on the 4th floor with good light all day, the apartment has 932 square feet.
The living room and both bedrooms all enjoy city views. The large pass through kitchen has a dining counter, dishwasher, microwave and ample counterspace and cabinets. There is a washer/dryer in the apartment.
Bradhurst Court, occupied since 2005, is conveniently located on the edge of Hamilton Heights and Sugar Hill, just two blocks from the 145th Street express subway station (A, B, C, D lines) at St Nicholas Avenue - only two stops to Columbus Circle. The 3 express train is also just two blocks away at 145th Street and Lenox Avenue. The Bx19 Bus runs crosstown on 145th Street. For drivers, there is a rental garage in the building and close proximity to the 145th Street Bridge, Harlem River Drive, George Washington Bridge and Triborough Bridge.
A 24 hour Pathmark supermarket is in the building (just take the elevator downstairs!), as is Carver Bank. Duane Reade and Chase Bank are next door. Starbucks, New York Sports Club, Bank Of America, Jackie Robinson Park and a farmers' market are right across the street. City College, Riverbank State Park and various other Harlem attractions are also close by. Target, BJ's, Home Depot and Marshall's have recently opened in the vicinity.
Bradhurst Court features a full-time doorman, huge landscaped courtyard, large complimentary fitness room, through wall air conditioning and it is pet friendly.
IMPORTANT: Please note that your total household income cannot exceed $204,500. 90% financing is permitted. For the next 8 years (but possibly less), net profits after closing costs are split 50/50 with the City when you resell this apartment.
What Is A Cond-op?
By definition, a Cond-op is a residential Cooperative where the ground floor (typically commercial units) is converted into a separate "condominium" which is either owned by an outside investor or the original sponsor of the building. Thus, although the residential units are a coop, the commercial units are owned as a condominium by an entity other than the coop. Thus, the coop does not receive the benefit of the income from these units.
Many times, people will refer to Cooperatives that operate under Condominium rules as "Cond-ops". This is not accurate although you will hear this quite often. A Cooperative that operates under condominium rules is just that but may be inaccurately referred to as a "Cond-op". Just like most co-ops, Bradhurst Court limits subletting to two out of every four years after six months of ownership.
12/30/11$349,000
03/10/114 rm / 2 bd / 2 bth$340,000
02/03/115 rm / 3 bd / 2 bth$440,000
07/12/105 rm / 3 bd / 2 bth$399,000
07/11/11330 West 145th St $389,000
02/25/11330 West 145th St $399,000
* Recent sales in area is compiled by properties having the same bedroom count or same bathroom count, property type, location, and a similar price range. Sales history may include properties with varied amenities and conditions (views, layout, market timing and other significant variables). Contact agent for more details regarding this information.
Web #:1972965
Price: $349,000
Maintenance: $946.78
Financing: 90%
Mortgage Calculator
Property Type: Cond-Op
Type: Simplex
Rooms: 4.0
Bedrooms: 2
Bathrooms: 1.5
Period: Post-War
Built: 2005
Building Type: Elevator
Sublet Approval: Required
Thru Wall Air Cond. Sep. Kitchen Washer/Dryer
Doorman Attended Lobby Building Courtyard Fitness Rooms Garage Pets Allowed
All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all information should be confirmed by customer. All rights to content, photographs and graphics reserved to Halstead. Customer should consult with its counsel regarding all closing costs, including without limitation the New York State 1% tax paid by buyers on residential properties over $1 million. Halstead represents the seller/owner on Halstead's own exclusives, except if another agent of Halstead represents the buyer/tenant, in which case Halstead will be a dual agent with designated agents representing seller/owner and buyer/tenant. Halstead represents the buyer/tenant when showing the exclusives of other real estate firms. In all instances Halstead treats all parties fairly and honestly. Halstead actively supports equal housing opportunities.