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$1,231,250
List Price: $1,250,000
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702 East 5th Street #5E
Coop in East Village •  building info
2bd • 2ba
Buy with Yoreevo

$1,231,250

List Price

$1,250,000

Open Sun, Jun 8 (11:30am - 1pm) (by appt.)
Key Details
Days on market
15
Last price change
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Estimated payment
$7,241/mo
Taxes
Included in maintenance fees
Maintenance
$920/mo
Description
Your unicorn has arrived! Perched atop an intimate East Village HDFC, this jewel box of a home is truly something special. Spanning two light-filled levels and wrapped in 17 windows with three exposures, the apartment is simply bursting with natural light and remarkable views. To the north, gaze out over the city skyline from the Empire State Building to the Chrysler. To the south and east, enjoy a serene overlook of El Jardn del Parasothe beloved community garden with its willow trees, flowers, and pond. Currently configured as a 2BR/2BA with a home office and dedicated dining area, the layout is flexible enough to accommodate future needs and flows beautifully. Custom closets and built-ins provide smart storage throughout. The kitchen is equipped with stainless steel appliances, including a Bosch dishwasher, and there's an in-unit LG washer/dryer to keep life easy. The building itself702 East 5th Streetis a well-maintained, self-managed co-op with just eight units and excellent financials. It also benefits from the income of two leased commercial spaces, and offers stroller and bike storage, basement storage, and an unfinished roof with sweeping vistas. Already underwritten by lenders and backed by a thoughtful, responsive board, this co-op is an easy win. This is the kind of home that rarely comes upa true East Village gem with character, light, and soul. Income restrictions for this HDFC co-op are as follows: 12 people: $138,420 3+ people: $161,490 Note: These limits apply only to the incoming purchaser and are based on current income (via tax returns and pay stubs). The income restrictions are slated to go up significantly for the next purchasers/their buyers. There are no asset restrictions and no future income limits after purchase. Gifting is allowed. Flip tax is 20% of profit.

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Important Stuff
Washer/Dryer in unit
Unit features
Dishwasher
Hardwood floors
View

City, Garden, Skyline

Building amenities
Services and facilities
Bike Room
Fios Available
Shared outdoor space
Roof Deck
Building info

History
What it'll cost
Purchase price
$1,250,000
Asking Price: $1,250,000
Term
30 Years
Down Payment
$250,000 (20%)
Min: 20% (250,000)
Rate
6.5 %
Mortgage Amount
$1,000,000
Mortgage Payment
$6,321
Maintenance
$920
Estimated Yoreevo rebate
$18,750
Estimated closing cost
$20,000
Total monthly cost $7,241
Buy your dream home with us and get an estimated $18,750 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of Compass

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