Well designed studio unit at the popular cooperative "The Riverhouse". Quiet forest overlooking unit with many recent updates and a larger river facing private balcony to enjoy lovely summer sunsets. Cash purchase for studio, income $45,000. Mortgage $55,000
20% down payment required, 725 FICO score. An applicant shall provide documentation of liquid assets, after deducing the cash contribution, sufficient to pay maintenance for 12 months post closing. The maintenance shall be calculated without regard to any STAR exemption. Comments per application package.
Two months maintenance at closing toward capital improvement. Total debt to income shall not exceed 34%. No renting permitted. Shareholder must live in the unit.
Elevator building. The River House complex offers excellent amenities, including outdoor pool, entertaining/sitting area, tennis. Pre-approval or proof of funds with offers in writing.
Building is conveniently located to Metro-North, medical care, park, Paramount Center for the Arts.