Description
Welcome to this excellent 1-bedroom co-op nestled in the heart of Clinton/Hell's Kitchen, offering an abundance of natural light through oversized floor-to-ceiling windows that showcase views of Hudson Yards. The open kitchen features an island, custom mahogany cabinets, and Frigedaire stainless steel appliances including a refrigerator, dishwasher, microwave, and stove. Throughout the unit, you'll find beautiful wood floors, a spacious foyer with 2 closets, a full-size tub bathroom with ceramic tiles, and a king-size bedroom with a large double closet. In-unit heating and cooling units with thermostats allow for personalized comfort control.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 householdThis 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 stagedInformation deemed reliable but not guaranteed.
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1BEDS
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N/AACRES
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1BATHS
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01/2 BATHS
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648SQFT
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$949$/SQFT
School Ratings & Info
Description
Welcome to this excellent 1-bedroom co-op nestled in the heart of Clinton/Hell's Kitchen, offering an abundance of natural light through oversized floor-to-ceiling windows that showcase views of Hudson Yards. The open kitchen features an island, custom mahogany cabinets, and Frigedaire stainless steel appliances including a refrigerator, dishwasher, microwave, and stove. Throughout the unit, you'll find beautiful wood floors, a spacious foyer with 2 closets, a full-size tub bathroom with ceramic tiles, and a king-size bedroom with a large double closet. In-unit heating and cooling units with thermostats allow for personalized comfort control.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 householdThis 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 stagedInformation deemed reliable but not guaranteed.
© 2024 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2024-12-08T00:00:21.087.