237 Eldridge Street, 18

Amazing opportunity for a first time buyer or investor. This apartment is located in a well maintained coop building on a tree lined street in the ultimate LES location. The apartment itself is currently configured as a two bedroom with a separate kitchen and living room. Both bedrooms easily fit queen or king sized beds plus furniture and have great closet space and windows. There are windows in every room including the kitchen, living room, bathroom and both bedrooms. There are high ceilings and hardwood floors. The kitchen and bathroom need to be renovated/updated and one could also knock down a wall to form a giant one bedroom dream apartment. The building is in the process of licensing a roof deck. The apartment has HDFC restrictions for income. Single purchaser must make under $180k and two people under $220k. This is a rare opportunity to get a two bedroom for under $1 million in downtown Manhattan. This is a must see for anyone interested in buying a great, low cost, low maintenance fixer upper.

Buyers must meet income restrictions and board will only approve someone who is moving in to use this as a primary residence so any buyers who already own other properties will not be considered. Other than that a very quick board approval process for those who qualify!!! Sublet policy is you must live there for two years and then you can sublet for three years.