Updated 13 years ago
Off Market
129 Ridge Street, 4-D
Lower East Side, Manhattan | Rivington Street & Stanton Street
3 Rooms1 Bed1 BathCo-op
$175,000
Maintenance$495
Listing Features
- High Ceilings
- Windowed Kitchen
Building Amenities
- Voice Intercom
- Elevator
Property Description for 129 Ridge Street, 4-D
http://www.walkscore.com/score/129-ridge-st-new-york-ny-10002
Click on the link above to explore the neighborhood amenties
This HDFC Co-op is located in a prime Lower East Side neighborhood on the 4th floor facing Ridge Street. It offers multiple exposures to the East , South and West and has tons of light in every room. This unit is a handyman special as it requires a considerable amount of renovation, but is an excellent value for the price per square foot. With a large, windowed kitchen and bathroom, high ceilings, ample closet space and grand living and bedroom, this unit has tremendous potential. Close to the F,J,M,Z train lines and many shopping boutiques, bars and restaurants . Building has a Super on-site and is in process of elevator repair. Financial Qualifications will be available soon - please contact me for more details.
The HDFC has 60/40 Security Agreement with the City through 2017. This means that not only does the HDFC have to pay 40% of the profit of any sale to the City, but any buyer must fit very stringent income guidelines. They are defined as 6-7x annual maintenance plus utilities. This works out to about $37,000 for a family with three or fewer dependents, and $43,000 for a family with more than three dependents.
Listing History for 129 Ridge Street, 4-D
Now
06/13/2013
POM by Vicario Brensley Phillip
MNS
03/15/2013
TOM by Vicario Brensley Phillip
MNS
Building Details for 129 Ridge Street
OwnershipCo-op
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessElevator
Year Built1925
Floors/Apts6/27
Transit and Citi Bike
Subway
Delancey St-Essex St
0.25 miles
2 Av
0.45 miles
Citi Bike
Pitt St & Stanton St
0.07 miles
Rivington St & Ridge St
0.07 miles
Lower East Side | Manhattan
Quick Profile
Bursting with energy at every turn, the Lower East Side is one of the most historic neighborhoods in all of Manhattan. Rooted in immigrant history, the bulk of European and Eastern European migration that occurred in the late nineteenth through the early twentieth century took place here, where the Tenement Museum remains one of the best ways to become acquainted with how early residents of the neighborhood lived.
The unique and eclectic mix of building styles--ranging from low- and high-rises to luxury and historic buildings--begins immediately upon entering the area via the Manhattan or Brooklyn Bridge, known as Two Bridges, itself a neighborhood that has also long been known for its immigrant population. With its historic district placed in the National Register of Historic Places, many of its oldest churches, such as Mariners Temple and St. James Church remain a preserved part of the district’s storied past.
While the LES has long been a hub for aspiring musicians and artists, the area has increasingly transformed its demographic as it welcomes a more affluent sect of residents with the advent of condos and luxury spaces.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 1123878
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