Wednesday, March 11, 2015

DWELL: 530 MANHATTAN AVENUE TWO BEDROOM

A prewar 2-bedroom co-op apartment on prime Manhattan Avenue in an elevator building going for $275K might be one best deals in Manhattan for those who meet the income restrictions.  These used to be really unrealistic in the past but now seems like the numbers could work with the one person household annual income maximum set at $72,150, and a two person household at $82,500 annually.  As the neighborhood becomes more economically diverse, these numbers will even get higher over the years so investing while prices are low makes sense to us.  More photos of this fixer-upper with prewar details can be found on Streeteasy: LINK

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