330 West 145th Street, 308

New to the market. Low maintenance of $895.85, no assessments, good financials. This terrific 2 bed/2 bath with a great floor plan is in The Hamilton, a Harlem cond-op (not a condo, see below for cond-op definition). The living room and both bedrooms face Jackie Robinson Park.

Spacious living room with separate dining area. Good closets space. Coat closet, large linen closet. Master bedroom with walk in closet. Large closet in the 2nd bedroom. The open kitchen has stainless steel appliances: Kitchen Aid stove (with microwave) and fridge and Bosch dishwasher with ample counter space and cabinets. Tubs in both bathrooms.

The Hamilton, occupied since 2003, features a full-time doorman, common laundry facility and terrace, complimentary fitness room and it is pet friendly. The building is conveniently located on the edge of Hamilton Heights and Sugar Hill, just one block from the 145th Street express subway station (A, B, C, D) - only two stops to Columbus Circle. The 3 express train is also just three 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.

Duane Reade and a branch of Chase Bank are in the building and a Foodtown supermarket is next door. Starbucks, New York Sports Club, a farmers' market and Jackie Robinson Park with its swimming pool are right across the street. City College, Hamilton Grange, Jumel Mansion, Riverbank State Park and various other Harlem attractions are also within walking distance. Target, BJ's, Home Depot and Marshall's are also in the vicinity.

IMPORTANT: To purchase in The Hamilton, your total household income cannot exceed $215,750. 90% financing. This apartment has to be your primary residence. Subletting is permitted 2 out of 4 years after 2 years of ownership. The building enjoys a tax abatement which expires in 2029.

What is a cond-op? By definition, a cond-op is a residential co-operative 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 co-op, the commercial units are owned as a condominium by an entity other than the co-op. Thus, the co-op does not receive the benefit of the income from these units. Many times, people will refer to co-operatives 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".