$155,000

Cash purchase only. Proof of funds is required prior to scheduling a showing. This move-in ready studio apartment on the third floor of an elevator building in fashionable South Harlem represents terrific value. The unit is in very good condition with high ceilings, hardwood floors, a tiled bathroom, and kitchen with new cabinets. 157 West 123rd is a well-run HDFC cooperative bordering the Mount Morris Park Historic District. Monthly maintenance (including heat and hot water) is a very affordable $350/month. This is a Housing Development Fund Corporation (HDFC) building, subject to income and primary residence restrictions. Income restrictions are 120% of Area Median Income, which for an individual is $136,080 per year. This lovely home is located a few steps from Harlem’s Restaurant Row, and close to the 2/3 and B/C subway lines. Shopping on 125th Street (including the new Trader Joe’s and Target) is just a short walk away. For recreation, the home is close to Mount Morris Park and within walking distance of Central Park. This property is delivered vacant with all paperwork provided.