243 Mulberry Street #3L

243 Mulberry Street is in the middle of the hottest neighborhood in New York City. Hungry? Stop by the new Philippe Starck-designed Miss Paradis or grab a slice at famed pizzeria Lombardi's. In the mood to shop? In your immediate vicinity is everything from Helmut Lang to Scotch & Soda. Nolita is truly a hotbed for the hip. And now the epitome of city living is within your grasp.

243 Mulberry Street is an intimate 8-unit co-op, two apartments per floor, located in the heart of Nolita. So rarely does an apartment come available on this classic Manhattan block! Apt 3L is a spacious 1-bed / 1-Bath with a second room that can be used as a home office or 2nd bedroom (there is no window). The renovated entryway to the building features exposed brick and a classic, minimalist design. Pre-war features extend into the apartment with exposed brick and two decorative fireplaces. Hard wood flooring is found throughout and the 4 large windows all face East. The recently-renovated kitchen is open to the living room and has an LG fridge, electric stove and whirlpool dishwasher. The roomy bedroom will easily fit a queen size bed and the 2nd room is very generous size and has a split system for heating and a/c.

This impeccably kept co-op is an HDFC building with exceptionally high-income thresholds: 250% AMI limits- Buyer must earn less than: For 1: $167k For 2: $191kFor 3: $214k This will need to be an all cash purchase unless you are able to obtain personal financing. Gifting is allowed and subletting after 2-years of ownership.

There is a laundry room in the basement, the co-op owns the commercial space and benefits monthly from the rental income and there is no underlying mortgage. With incredibly low maintenance at $429, this is a chance to own a home in one of the most desirable neighborhoods in Manhattan. The apartment currently has tenants, a minimum of 24-hour notice for all showings.