Description

77 FULTON STREET, APT 25GSTUDIO - ACCEPTED OFFERANNUAL MORTGAGE INTEREST & REAL ESTATE TAX DEDUCTIONSMortgage Interest - $229.19Real Estate Tax - $2,046.48SUBLET POLICY - After the first two (2) years of occupancy, the shareholder is permitted to sublease the apartment for 2 years out of every 5 year period.Southbridge Towers is a former Mitchel-Lama rental complex turned into Private Cooperative in late 2015. There is a 28% Flip Tax for the original owners (only for the first ever sale of apartments at SBT), the Flip Tax helps maintain the Low Maintenance Fee's. The second sale (and every subsequent sale) of the apartment only requires a 2.5% Flip Tax.
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Building Features 27 Floors336 Units

elevator
full time doorman
laundry
parking
storage
View all 5 building features

$515,000

Sold: Jul 03, 2018

4.04% above ask / 19 Days to Sell

Studio / 1 Bath - / - ft²

Total Monthly Expenses: $376

Exclusively listed with: Area New York LLC

Michael Roche

michael@areanyc.com

212-232-0200

Listing Courtesy of Area New York LLC View Listing

Unit listing history

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