610 East 5th Street, 3

Light-filled, corner studio with high ceilings is available for sale in a small cooperative located on a tree-lined cul-de-sac in the East Village. Sited on the second floor, this unique two room residence has excellent light throughout. The apartment features a corner living room with south & west exposures, a gallery, a large separate windowed kitchen, and a windowed bathroom. The monthly maintenance is only $330 per month.

610 East 5th Street (located between Avenue B & Avenue C) is a well-maintained Housing Development Fund Corporation (H.D.F.C.). Originally built in the early part of the 20th Century, this six-story, non-elevator cooperative consists of 23 residential units, and 1 commercial unit. The cooperative employs a full-time, live-in superintendent. There is a video intercom system, and there is a full laundry room in the building. Pets are permitted only upon approval by the Board of Directors. Purchasers must use their apartment as their primary residence. The cooperative does not allow subletting of apartments for the first two years from the date of purchase. Thereafter, the cooperative will only allows subletting at their discretion on a limited, case-by-case basis. Parents cannot purchase or co-purchase for adult children.

The building is located in the heart of the East Village neighborhood. Tompkins Square Park and East River Park are located nearby as are many fine neighborhood shops and restaurants.

There are income restrictions for apartment purchases in this cooperative. Maximum income for 1 individual is $72,600, and the maximum income for 2 individuals are $82,920.

For additional information on this property, please contact exclusive broker