616 East 9th Street, 4-W

Contract out -- HDFC Prewar Coop - Located in the heart of Alphabet City, just half a block from Tompkins Square Park and surrounded by trendy restaurants and cafes, this spacious one-bedroom apartment offers approximately 750 square feet of living space with a classic railroad-style layout. Situated on the 4th floor, just 3 flights up, the unit features 9-foot high ceilings, new oversized double-pane tilt windows with north and south exposure, and a flexible layout filled with natural light. The apartment is filled with prewar character, customized built-in cabinets and shelving, including a large double-windowed eat-in kitchen and a renovated windowed British style bathroom that includes a clawfoot tub/shower and a commode that will make you smile with joy! The oversized bedroom can accommodate ALL your furniture so no worries there. Additional features include ceiling fans, exposed brick, freshly painted throughout and a very low monthly maintenance fee of just $525 which includes RE taxes, water and heat. This HDFC prewar co-op comprises four buildings with six commercial retail stores that contribute to the cooperative’s strong financial reserves. The building is well-maintained, offering a daily super/handyman, intercom system, professional and responsive managing agent, and good financials. The building is pet-friendly and includes a stunning landscaped community garden and patio in the rear of the building - nothing short of an OASIS! Dishwashers and washer/dryers are permitted when installed by a licensed insured plumber and approved by the board. The Co-op requires primary resident occupancy only—no investors. Subletting is permitted with board approval for 18 months out of every 5 years. A flip tax of 30% of the profit applies upon resale. HDFC income restrictions are 120% AMI and are based on the most recent tax return as follows: 1 person cap $136,080; 2 person cap $155,52; 3 person cap $ 174,960. Contact Exclusive Broker for all showings - (Photography by Jehovy)