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Closed
$549,000
Mortgage Calculator
$0
RET
$756
Maint/CC
Condo
Property Type
Harlem
Neighborhood
0
Approx. Sq. Ft.
2
Beds
1
Baths
About 231 West 148th Street, 5P
Located in The Washington in Central Harlem, residence 5P is a top-floor, south-facing, well-appointed, split two-bedroom, one-bathroom home. Double-paned windows provide peace and quiet but allow for plenty of natural light and tree-top views. The galley kitchen, ideally located next to the dining area, features granite countertops, custom cabinetry, a subway tile backsplash, and stainless steel appliances. The bathroom is outfitted with a large soaking tub, custom vanity, and hand-picked Spanish tiles. Ample closet space and sturdy hardwood flooring complete this great home.
The Washington is a pet-friendly co-op that also provides residents with a live-in super, two central laundry rooms, a fitness room, a bike room, and storage available for rent. With just moments to Jackie Robinson Park, there is also a private key-accessed community garden adjacent. Additionally, a public parking garage is conveniently located immediately across the street.
Originally built in 1920, The Washington was converted to an HDC coop in 2003, and now provides a great opportunity for qualified buyers - 250% Area Medium Income (AMI) applies. The maximum household income for 2022 is approximately $288,000, plus a debt to income (DTI) ratio below 30%. The maintenance of $756 is 39% tax-deductible and includes heat, hot water, and cooking gas. With no flip tax, and up to 90% financing allowed, subletting is allowed after two years of residency with board approval.