544 W 157TH Street #4

Elegant two bedroom convertible 3 bedroom, 5-room HDFC apartment in a grand beaux arts renovated prewar building. Original details restored to their finest form--refinished oak flooring, burnished copper entrance door, french doors, bay windows in the living and separate dining rooms. The kitchen is top of the line--Bertazzoni stove, Liebherr refrigerator as well as a dishwasher. Faces away from the street to the south, and the buildings behind are not right up against it. Apartment is very light and is on a raised first floor. The basement, which has a remodeled and ample laundry and storage for air conditioning is actually on the ground floor .Income caps are extremely high. a buyer with two dependents or less can make $317,000/year. A buyer with more than two dependents can make $404,000/year. Flip tax depends on length of ownership. 5 years or less, 20 % of net profit 10 years 12% of net profit., More than 10 years, 8% of net profit, Elevator building, with a newly renovated and architecturally elegant exterior facade. One building away from the #1 train. 4 blocks from the C train. Convenient to the GWB, three blocks from the Hudson River Bike Path, the Henry Hudson Parkway, and a short walk from Columbia University Medical Center/New York Presbyterian, Yeshiva, Columbia Manhattanville and Morningside Campuses, City College, . Cafes, bars and restaurants have made it north to 157th Street. Citibike stand about to open in the coming months within a block away. Must be primary residence, no other property owned w/i 75 miles.