Kerrian, Home Buyer in Lower East Side, New...

IS a HDFC co-op a good or bad buy in the lower east side?

Asked by Kerrian, Lower East Side, New York, NY Mon May 10, 2010

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HDFC (Housing Development & Finance Corporation) Coops are affordable cooperatives in New York City. If you qualify an HDFC coop may be right for you. It may be a great deal.

http://nycblogestate.com/2011/10/hdfc-coops.html

Best Deal in East Village | 3 Bedroom 1.5 bath HDFC Coop

http://listings.realbird.com/F3C5E3D9/171105.aspx

Mitchell Hall, Associate Broker
Corcoran
917-312-0924
MHALL@Corcoran.com
0 votes Thank Flag Link Tue Aug 21, 2012
Mitchell Hall, Real Estate Pro in New York, NY
MVP'08
Contact
The lower east side has been up and coming for a time now. If you plan to stay there for a substantial period and it fits your financial plan for your living arrangement, then it could provide a very managable monthly cashflow. It is extremely important to do your homework and as someone else suggested, have an attorney savvy with HDFC housing review their information. Good luck to you!
0 votes Thank Flag Link Wed May 12, 2010
HDFC buildings are unique opportunities for affordable housing. However, be sure you employ the services of a very competent attorney to review the building history. Good luck.
Web Reference: http://www.mpetersesq.com
0 votes Thank Flag Link Wed May 12, 2010
Unfortunately a decision only you can make--does it suit your finances, wants, needs and lifestyle, etc.
0 votes Thank Flag Link Mon May 10, 2010
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