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Luciane Serifovic

[email protected] +1(917) 567-8767

$ 390,000

Est. payment | -/mo

2 Beds

1 Bath

Save

$ 390,000

Est. payment | -/mo

Save

2 Beds

1 Bath

OPEN HOUSE

Sun Jun 01, 12:00pm - 2:00pm

Key Details

Property Type Co-op

Sub Type Stock Cooperative

Listing Status Active

Purchase Type For Sale

Subdivision Fisherman'S Wharf

MLS Listing ID 858464

Style Garden

Bedrooms 2

Full Baths 1

Maintenance Fees $1,110

HOA Fees $1,110/mo

HOA Y/N Yes

Rental Info No

Year Built 1978

Property Sub-Type Stock Cooperative

Source onekey2

Property Description

Welcome to this beautifully updated 2 bedroom, 1 bath 2nd floor co-op in the desirable gated community of Fisherman's Wharf. This second floor unit features recessed lighting, custom ceiling fans, sleek updated vinyl flooring, raised panel interior doors, a nicely appointed and updated kitchen with solid surface Quartz counters including extra counter space/island, lots of cabinets, soft-close drawers and modern stainless steel appliances; a full ceramic tiled bathroom with a jetted tub and an open concept living space filled with natural light. 2020 updates include all high hats/recessed lighting, stove, refrigerator, dish washer, vent over oven, kitchen sink, quartz counters and island, and vinyl flooring. Relax on your private covered balcony--perfect for enjoying your morning coffee. The spacious bedrooms offer generous closet space. Original flooring in living room, and kitchen was plywood. Previous owner installed wall-to-wall ceramic tile over that plywood. Current owner installed sound deadening wood over the tile, then current laminate floors. These floors are now as solid as you'll find! Enjoy low-maintenance living with access to community amenities and convenient proximity to local shops, dining and transportation. Don't miss this move-in ready gem--ideal for first time buyers or those looking to downsize in style. Community amenities include gated complex community in-ground pool, 3 on-site laundry rooms, gym, bicycle storage, tennis and pickle ball courts & clubhouse, gas heat, FIOS or Optimum. West Babylon mailing address with Babylon Village schools and close to the Babylon train station, 2 unassigned parking spaces, electric car charging station and more! All cats & most dogs permitted. Monthly maintenance fee of $1,110.24 (shown before STAR) is approximately 67% tax deductible and includes all but electric, cable and a small insurance policy. $1100 application fee + $450 post-closing administrative fee. Enjoy all the amenities this great development has to offer plus its proximity to Babylon Village and all the Village perks. Minimum down payment 15%. Minimum Base Gross Annual Income Required For Board Approval $73,276 If financing; $59,953 If cash purchase. Maximum 33% debt-to-income ratio. There is going to be a $2.00 per share special assessment for Sept, Oct, Nov & Dec 2025= $ 409.50/month extra on top of regular monthly maintenance fees, for upcoming Capital Improvements. The annual STAR benefit for this unit is $920 per year. The current STAR will transfer to the new owner as it stays with the unit, not with the Seller. That will be credited to the new owner at $230/month for September, October, November & December. So, the net cost to the new owner will be $179.50 per month for those 4 months.

Location

State NY

County Suffolk County

Interior

Interior Features Original Details

Heating Baseboard, Natural Gas

Cooling Wall/Window Unit(s)

Flooring Vinyl

Fireplace No

Appliance Dishwasher, Electric Oven, Electric Range, Refrigerator, Stainless Steel Appliance(s)

Laundry Common Area

Exterior

Parking Features Parking Lot

Pool Community, In Ground

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

Amenities Available Basketball Court, Clubhouse, Fitness Center, Gated, Landscaping, Maintenance Grounds, Pool, Snow Removal, Tennis Court(s), Trash

Total Parking Spaces 2

Garage false

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Babylon Elementary School

Middle Schools Babylon Junior-Senior High School

High Schools Babylon Junior-Senior High School

Others

Senior Community No

Special Listing Condition None

Pets Allowed Breed Restrictions, Cats OK, Dogs OK

Listed by Signature Premier Properties

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Luciane Serifovic

CEO & FOUNDER | License ID: 10491208575

+1(917) 567-8767

198 Millard AVE #198 West Babylon, NY 11704

Luciane Serifovic

OPEN HOUSE

Key Details

Location

Interior

Exterior

Building

Schools

Others

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198 Millard AVE #198