4 AFFORDABLE HOMES FOR SALE
Tuesday, July 21, 2009
THREE-UNIT CONDOMINIUM The building is located on the Northwest corner of Bainbridge Street & Saratoga Avenue, and is a three-story completely renovated brick structure ready for occupancy.
First Floor (3 Bedrooms) $375,000
Approximately 1,400 square feet of living space plus a parking space for one car in an attached garage. Estimated Monthly Maintenance is $600.00. The sale of this apartment is available for households with incomes up to $126,720 per annum.
Second Floor (2 Bedrooms) $325,000
Approximately 1,100 square feet of living space plus a parking space for one car in an attached garage plus a 112 square feet wood deck on the roof of the garage. Estimated Monthly Maintenance is $490.00. The sale of this apartment is available for households with incomes up to $126,720 per annum.
Third Floor (2 Bedrooms) $295,000
Approximately 1,100 square feet of living space. Estimated Monthly Maintenance is $460.00. The sale of this apartment is available for households with incomes up to $126,720 per annum.
937 GATES AVENUE
New Three-Family Home $535,000
This “new construction” three-family brick home is located at 937 Gates Avenue between Malcolm X Boulevard and Patchen Avenue and is ready for occupancy. More specifically, the building is a three-story plus “finished” cellar structure which is available for sale to households with incomes up to $126,720 per annum.
Required Documents From All Interested Purchasers:
a) Copies of the 2008 and 2007 Federal Tax Returns (1040 forms) with W-2’s of the applicant(s).
b) Two recent pay stubs of the applicant(s).
c) Self employed applicant(s) must submit appropriate statements (1099’s, etc) indicating annual income.
d) Applicant(s) must submit bank statements, etc., verifying the source of the required “down payment” and “closing cost”.
e) The name, address, home and work phone numbers, employer’s name and address and years on the job, and the social security number must all be forwarded by the applicant(s).
All information submitted will be kept confidential, and please forward all of the above documents as quickly as possible for decisions will be made with respect to processing on a “first received first served basis.” And, all inquiries and/or documentation from all interested purchasers should be forwarded by postal mail or e-mail to the owner’s representative listed below:
James E. Robinson, President, The Cumberland Group
185 Hall Street, Suite 303, Brooklyn, NY 11205
718.399.8005 – voice, 718.622.0541 – fax, tcgcon@aol.com – e-mail
BSRC Neighborhood Homes HDFC (Bedford-Stuyvesant Restoration Corporation) developed and built these condominium units and the three family home in concert with the Local Initiatives Support Corporation (LISC), the NYC Department of Housing Preservation & Development’s Neighborhood Homes Program (NHP), and, the United States Department of Housing and Urban Development (HUD).
4 AFFORDABLE HOMES FOR SALE
