Property Q&A in Bronxville>Question Details

Ling, Home Buyer in Yonkers, NY

Hi, please advice: how much is the maintenance? How much is the down? Can this coop be sublet in the future?

Asked by Ling, Yonkers, NY Sun Mar 8, 2009

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Hello Ling,
You can not rent/sublet this unit. Sometimes coopertives allow for the shareholder to rent, and the renter has to be approved by the board. And, most only allow you to rent after a certain number of years and the duration
is usually limited. If you're looking for rental income, a condo or a multi family might be your best option.

0 votes Thank Flag Link Sun Mar 8, 2009
Hello Ling,
The maintenance is $695.p/month. The minimum sown payment is 10%, The number of shares are 485 and there is no Flip Tax.

Alex Cruz
0 votes Thank Flag Link Sun Mar 8, 2009
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