View Single Post
Re: Need info on buying a coop
Old 05-14-2007, 12:50 PM   #13
Recycles dryer sheets
 
Join Date: Jul 2005
Posts: 147
Quote:
Originally Posted by brewer12345

How much is this place again? The attraction of a codo is that it is realtively clean cut. The risk with a co-op is that you are biying a pile of debt that has to be serviced.
Place is $232K for 900 square feet, fully remodeled and ready to move in. They have about $3.5 million in assets and about $3.6 million in debt (mostly long term mortgage).
camberiu is offline   Reply With Quote