544 WEST 157TH STREET, #65

Washington Heights, Manhattan, NY 10032

PLEASE NOTE OPEN HOUSE IS 10:30 to 11:30. Significant Price Reduction! This one-bedroom apartment features wonderful sunlight, original oak floors, and a windowed kitchen and bath. Located in a beautifully restored elevator building in Washington Heights, you can enjoy basement laundry and bike storage. Live in this tree-filled neighborhood with easy access to transportation, an array of dining and shopping options, and a world-class museum complex around the corner. A few blocks away, you'll find an excellent supermarket and a pub with good food where you can say hello to neighbors. The Hamilton Heights bar and restaurant scene is nearby as well. This building is also just three blocks away from the Hudson River bike path and Riverside Drive, as well as the swimming pools, track, and community gardens of Riverbank State Park and the soccer fields, tennis courts, and basketball courts along the Hudson River. 544 West 157th Street is moments away from the #1 train at 157th and Broadway and three blocks to the C train, with many bus options as well. A Citi Bike station is a block away. By car, you're one exit from the GWB, two blocks to the Henry Hudson Parkway, and near Yankee Stadium and the Bronx malls. Colleges and local employers including Columbia Medical Center, NY-Presbyterian Hospital, Manhattan School of Music, City College, and Columbia's Morningside and Manhattanville campuses are close by as well. Most banks will lend to 544 w 157th and relative to other HDFCs, income cap policy is extremely liberal. Applicants can make up to c. $169,000/year for any number of occupants in the unit. Flip tax follows this schedule: Resident for 10 or more years, 8% of net which includes renovation costs as well as the profit from the sale, 5-10 yrs, 12% of net; under 5 years, 20% of net. Sublets allowed after 2 years of residence and can take place more than once in the period of ownership.