DESCRIPTION

Cheaper than renting! this beautiful prewar diamond-in-the-rough features extra-tall ceilings, picture-frame moulding, and a dead-on view of morningside park.  Once renovated to your personal taste, this apartment will still be less expensive than renting.  Washer-dryer allowed as well as potential for adding a second bathroom.  Cats and small dogs welcome! across the street from idyllic morningside park - with its vast green spaces, waterfall, pond, and playgrounds - 282 manhattan ave is also just 2 blocks from central park and the newly revitalized harlem meer and davis center with its newly inaugurated swimming pool/ice rink.  282 manhattan ave is a truly intimate coop with friendly neighbors who are committed to living in a great community together! amenities include live-in super and video intercom.  The building is around around the corner from the b/c subway lines, and popular dining options as safari, lalibela, cafe amrita, melba's, cantina taquería, alke, blvd, harlem tavern, los 3 charros, lido and many more.  Income caps apply as follows, according to household size: 1 person: $136,080 2 ppl: $155,520 3 ppl: $174,960 4 ppl: $194,400 5 ppl: $210,000 6 ppl: $225,600 also, please note that, during remaining years of the current hpd regulatory agreement, the resale price of this unit is limited to a growth schedule of approximately 5% per year for the next 26 years.  As an example, in 5 years, it could be resold for approx.  $394,000; 10 years, approx.  $503,000; 15 years, approx.  $642,000; 20 years, approx.  $820,000.  


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