408 West 25 Street   Unit 4FE

Prime Chelsea 1-bedroom for less than a rental! Location and value make this character-filled 1-bedroom the perfect starter apartment. Exposed brick, sunken living room and decorative fireplace add to its charm. Three flights up, light abounds from the open sky. Be in the middle of it all in this vibrant area filled with bars, restaurants, cafes, galleries, the High Line and so much more. **PLEASE NOTE THE PURCHASE REQUIREMENTS** 
- The HDFC coop requires a total household income not to exceed $54,000 per year at the time of purchase
- Maximum financing allowed is 50%
- Must be used as a primary residence for a shareholder with income (no investors or pieds-a-terre) and no other property can be owned
- No co-purchasing, but gifting is allowed as is limited subletting for two years after 4 year periods.
- Flip tax of $10,000 paid by the seller. 
Questions? Please email the exclusive listing brokers.