Lynbrook Terrace

504 Merrick Road
Lynbrook, New York 11563

Lynbrook Terrace is a clean well maintained Co-op. It is conveniently located across the street from Lynbrook Middle School. It boasts a lovely private outdoor courtyard sitting area for their residents, offering barbecue privileges as well. This property is easy to navigate with regard to entering and exiting the building. Handicap Accessible.

General Financial Information (View Below)

LISTINGS

General Building Information

Cooperative Built : 1960
Number of Stories : 4
Elevator Building
Individual Garages/Outdoor Parking (Limited Spaces)
Brick Construction
Fully Equipped 24 hour Laundry Room in each building
Intercom / Buzzer Security System Access thru Landline Phone in Apartments
Cablevision Services Offered
Decorated Lobby
Various Layouts: Studio, One Bedroom, Two Bedrooms and Three Bedrooms
Two Bathrooms in Larger Apartments/Comfortable Closet Space
Hardwood Floors MUST BE COVERED
Total Apartments 59, Eight Apartments Have Terraces
Gas Heating
Electric (Separate, Not included in Maintenance)
Air-Conditioners individual Wall Units
Bike Storage Room $5.00 monthly
Near LIRR Train Station, Convenient Shopping and Restaurants
Approximately 3 Miles to Southern State Parkway
School District # 20 Highly Rated
Pets Allowed ONLY CATS
Superintendent Lives on Premises

General Financial Information

Maintenance Includes -

Real Estate Taxes
School Taxes
Water Charges/Sewer Rents
Building Insurance
Reserve Fund for Any Contingencies
Salaries of Staff
Lawn Care
Snow Removal
Legal & Accounting Fees
Franchise Taxes
Operating Costs
Total Interior Upkeep of Building

Parking -

Outdoor (Assigned Space) Monthly fee: $75.00

Buyers -

20 % Down Payment Required by Co-op
Star Exemption Application Filed with Town of Hempstead - (516) 571-2490
House Rules as of May 2017 Fee: $1000.00 Payable to Co-op (Closing Fee)

Sellers -

Flip Tax: $5.00 Per Share
House Rules as of May 2017 Fee: $1000.00 Payable to Co-op (Closing Fee)