DESCRIPTION

Your unicorn has arrived! perched atop an intimate east village hdfc, this jewel box of a home is truly something special.  Spanning two light-filled levels and wrapped in 17 windows with three exposures, the apartment is simply bursting with natural light and remarkable views.  To the north, gaze out over the city skyline from the empire state building to the chrysler.  To the south and east, enjoy a serene overlook of el jardín del paraíso—the beloved community garden with its willow trees, flowers, and pond.  Currently configured as a 2br/2ba with a home office and dedicated dining area, the layout is flexible enough to accommodate future needs and flows beautifully.  Custom closets and built-ins provide smart storage throughout.  The kitchen is equipped with stainless steel appliances, including a bosch dishwasher, and there's an in-unit lg washer/dryer to keep life easy.  The building itself—702 east 5th street—is a well-maintained, self-managed co-op with just eight units and excellent financials.  It also benefits from the income of two leased commercial spaces, and offers stroller and bike storage, basement storage, and an unfinished roof with sweeping vistas.  Already underwritten by lenders and backed by a thoughtful, responsive board, this co-op is an easy win.  This is the kind of home that rarely comes up—a true east village gem with character, light, and soul.  Income restrictions for this hdfc co-op are as follows: 1–2 people: $138,420 3+ people: $161,490 note: these limits apply only to the incoming purchaser and are based on current income (via tax returns and pay stubs).  The income restrictions are slated to go up significantly for the next purchasers/their buyers.  There are no asset restrictions and no future income limits after purchase.  Gifting is allowed.  Flip tax is 20% of profit.  


Data is provided by The Real Estate Board of New York, Inc..