54 E 8th is a 121 unit, elevator co-op building built in the 1950's with a welcoming lobby and a huge and lovely, landscaped resident garden. There is a laundry room, storage, an attached parking garage that is owned by the co-op (the monthly rate is $375) and a fantastic live-in super. The maintenance includes your RE taxes, electric, heat and hot water and unlimited subletting is allowed after two years of ownership with board approval. The building is approved for the coop STAR rebate. Pied-a-terre, co-purchasing, gifting, guarantors, parents buying for employed children and foreign purchasers are all permitted with board approval on a case by case basis. Washer dryers are not allowed. This is a land lease building with a long and healthy lease that currently expires in 2075.
Pictures and description coming soon.
Assessment of $55.60 per month.