For Sale:

Co-op board requirements differ somewhat with each board, here are some of the common requirements: 

-25% down payment

-Monthly maintenance and mortgage payments not exceed 28% to 32% of a buyer’s gross income

-Liquid assets are usually represented as a multiple of the buyers’ monthly mortgage and maintenance payments - 18 to 24 months is typical - or a multiple of the price of the apartment

-Pre approved statement from mortgage company for 75 percent of asking price.

(If you are looking for financing, please email us and we can put you in touch with an expert right in the neighborhood who has approved many loans for Lincoln Towers residents.)

Please go to the following link and enter 165 West End Avenue in the box at the bottom of the page and click on the "Find Building" button.  Then download the package to review the Board application package.

Board Application package link:

http://www.coopersquare.com/applyport/public/findapp.aspx