146 Millard Avenue, Unit 146West Babylon, NY 11704Price: $380,000

Welcome to this beautifully updated 1 bedroom Co-Op in the desirable Fisherman's Wharf gated community! Move right into this bright second floor end unit featuring updated modern bathroom and kitchen with ample counter and cabinetry space with under cabinet lighting, stainless steel appliances; refrigerator, dishwasher, microwave, and sleek glass-top electric stove. Enjoy low maintenance laminate flooring throughout for a clean, cohesive look. Additional highlights include: spacious bedroom with 2 closets, Andersen windows with custom window treatments, 2 built in A/C units, 3 ceiling fans for year-round comfort and Andersen sliding glass doors leading to a private covered balcony. Pets allowed (cats and most dogs). Enjoy outstanding community amenities including; gated entry, on premises laundry, in-ground pool, tennis and pickleball courts, clubhouse, gym, two electric car charging stations, beautifully landscaped property and plenty of parking. Conveniently located 1 mile from Babylon Village that offers shopping and dining, the Babylon train station and Babylon schools. Star program qualified. Board approval required. Monthly maintenance fee of $ 988.25 (shown before STAR) is approximately 67% tax deductible and includes all but electric, FIOS or Optimum and a small insurance policy. $1100 application fee + $450 post-closing administrative fee. Enjoy all the amenities this great development has to offer plus its proximity to Babylon Village and all the Village perks. Minimum down payment 15%. Minimum Base Gross Annual Income Required For Board Approval $65,225 if financing; $53,366 if cash purchase. Maximum (approx) 33% debt-to-income ratio. There will be a $2.00 per share special assessment for Sept, Oct, Nov & Dec 2026= $ 364.50/month for each of those 4 months extra on top of regular monthly maintenance fees for upcoming Capital Improvements. Annual STAR benefit for this unit is approximately $934 which should transfer to the new owner and is credited for October, November & December maintenance at $311.33 per month, so the net effect of the special assessment for the new owner for those 4 months will only be $131 per month.