Remarks

Calling all Investors! This Sponsor-owned Co-op is being sold with the original rent-stabilized Tenant that will remain in residence, as required by law, and there is no Co-op board approval required for the purchase. It is the largest 3-bedroom 2-bath unit at Rex Ridge because of the formal dining room plus the formal entry foyer with closet at the top of the stairs, before you step into the apartment itself. Rex Ridge had several smaller 3-bedroom apartments sell this year over $400,000 so understandably this is list-priced to attract serious long-term investors who will understand its value in a future market. The co-op overlooks a courtyard where residents are allowed to put their table/chairs and BBQ grilles for summertime alfresco dining. There is a washer/dryer in this unit, a unique feature at this sought-after complex. Rex Ridge has a pool, a children's playground, bike room, storage facilities, on-site super and porters, and an on-site Management office. Reserved parking available. Within 3-4 blocks of Rex Ridge is public transportation, restaurants, local shops, supermarkets, schools and a park.