1 Bed
1 Bath
648 SqFt
1 Bed
1 Bath
648 SqFt
Key Details
Property Type Condo
Sub Type Coop
Listing Status Pending
Purchase Type For Sale
Square Footage 648 sqft
Price per Sqft $948
MLS Listing ID 484367
Bedrooms 1
Full Baths 1
Maintenance Fees $723
Year Built 2013
Property Sub-Type Coop
Property Description
Key amenities include a secured entrance with a part-time doorman, video intercom system, and a live-in superintendent. Residents can enjoy a rear garden, fitness center, and laundry room.
Buyers must provide a minimum 20% down payment, income restrictions no more than 2 per household and additional city approval alongside coop board approval is required. Co-purchasing, parental purchases for children, and guarantors are not permitted.
2024 Income Restrictions:
$179,355 maximum income for a (1) person household
$205,095 maximum income for a (2) person household
This pet-friendly building also has a sublet policy allowing a maximum of 18 months every five years. Income restrictions apply based on household size, with maximum incomes ranging from $179,355 for a single-person household to $256,245 for a four-person household in 2024.
As part of its affordable housing status, The Park Clinton benefits from a 40-year tax abatement and a resale profit share (flip tax) with the City of New York until 2054. Profit-sharing percentages decrease over time, with 50% repaid through 2024, 25% between 2024 and 2029, and further reductions thereafter. Some pictures are professional staged
Information deemed reliable but not guaranteed.
Location
State NY
County New York (manhattan)
Area Clinton
Interior
Hot Water Other
Heating Electric, Gas
Flooring Hardwood
Heat Source Electric, Gas
Exterior
Utilities Available Gas, Heat, Water
Amenities Available Door – Intercom, Doorman – PT, Exercise Room, Laundry – Card Operated, Resident Superintendent, Secure Lobby
Handicap Access Yes
Others
Pets Allowed 1
Energy Description Electric,Gas
Financing 1031 Exchange,Bank Mortgage,Cash
Pets Allowed Both Cats & Dogs
Virtual Tour https://youtube.com/shorts/phI2CSUJ63E?feature=share