544 W 157TH Street #51 Manhattan, NY 10032

BOARD APPROVED Large rooms, oak floors, eat-in kitchen in a split two bedroom with good light in Washington Heights. Apt is in a fiscally-sound, well-maintained HDFC with a marble lobby, laundry and bike room. Mortgages OK. Liberal income caps are based on a formula and not AMI: For up to 3 dependents, household income up to $256,760 annually, more than 3 dependents, $299, 250. You could move in with the addition of a refrigerator-- or enjoy a blank canvas ripe for renovation. Convenient: 1/4 of a block from the #1 train, 4 blocks from the C train, 8 blocks from Columbia Medical Center and New York Presbyterian Hospital, close to the George Washington Bridge, Hudson River pathway, close to City College, Yeshiva, and the two main Columbia campuses, Manhattanville and Morningside. Buses to the East Side .Flip tax paid by seller: Owning for 5 years or less 20 %; Owning for 5-10 years 12% and Owning for 10 years or more: 8%. 20 percent cash downpayment required for purchase,