New York City is a strange city. It’s experiencing a housing crisis, demand significantly exceeds supply, home prices are among the highest in the world — and yet, you can still buy an apartment just one block from Central Park for just $185,000!
There’s a catch, though: the apartment is in a co-op with an income restriction. This means buyers must earn less than 165% of the New York City area median income, or no more than $154,000 for a single person, pay cash only (no mortgage), and cover the $1,144 monthly maintenance fee.
Listing link is here.
