If you are considering one of the buildings at Lincoln Towers, one thing to keep in mind is that only 3 of the buildings allow 25%down, and all others require 30%. In any case they offer best value per foot in the area, good amenities and solid concrete construction. Maintenance in most buildings also includes electricity. I sold two units there in the last 8 months, and both buyers are ecstatic about living there.
Since real estate professionals are prohibited from steering, enticing a buyer to purchase, or not, in specific neighborhoods, choose the unit and area that best suits your finances, wants, needs, lifestyle, etc.
There are a number of good choices on the Westside and around Lincoln Towers. This complex is ordinary and generic in overall look. In my opinion, the complex is priced rather high for what was meant to be a working class/middle class complex.
Give me a call if you woulld like to take a more comprehensive view of the neighborhood.
Christopher Stokes Moseley
Senior Vice President
Licensed Real Estate Associate Broker
212-203-8722 mobile office
Lincoln Towers has been and always will be a building with big space, for the money. It is a good choice if you like the area. It is a Coop so you will need to fill out as with most building an extensive board package and submit all required information that is asked. The building requires you to put down 30 percent, and the tax deductiblity is 51 percent.
I hope this helps,
Lisa Conway, SVP Halstead Property