Co-op of the Day: 616 East 18th Street, #3L

With long-term mortgages rates hovering around 4 percent, it’s kinda crazy how cheap the cost of carry on apartments with low maintenances is. Take, for example, this FSBO in the Brownstoner Marketplace. The one-bedroom at 616 East 18th Street is asking $255,000 and has a maintenance of $591. At these numbers, if you were to put 20 percent down, you after-tax monthly cost would only be about $1,000. And that’s for a 700-square-foot one-bedroom in a doorman building. This is the point at which you wish you’d been a little nicer to that nutty great aunt!
616 East 18th Street, #3L [FSBO] GMAP P*Shark