227 E 7th St APT 7B, Brooklyn, NY 11218

East 7th Street at Caton Avenue: Top floor rent stabilized one bedroom in a post-war elevator building with live-in super and laundry on every floor. The living room is 26 x 12 from the entrance to the 3 windows facing North overlooking a courtyard (no street noise). There is a large closet opposite the separate kitchen with standard-issue wood cabinets and white appliances with faux-granite counters. The bathroom is large with a reglazed tub and built-in linen closet hamper. The bedroom is 16 x 11 with a large closet with 2 doors, also facing North. The apartment is rent stabilized at the legal rent for $1,603.77 for a 1 year lease or $1,655.51 with a 2 year lease. 1 month rent, 1 month security and 1 month fee due at signing.To qualify for this apartment, this landlord requires the following:700 credit or better40x monthly rent = minimum annual income (the usual formula in NYC) but adjusted for fixed debtFor example:$1500 (monthly rent) x 40 = $60,000/year income required to qualify,$1500 $200 minimum monthly payments* on student loans, car loans, etc = $1700 x 40 = $68,000/year income required to qualify3-4 month's rent in savings when applyingGuarantors and/or cosigners, extra securities or any other means of overcoming any issues with the above are not considered. We do work with many landlords in the area, so if this criteria doesn't work for you just let us know so we can find the right landlord for your situation.*your minimum monthly payments for non-revolving debt are shown on your credit reports and may be less than you actually pay, so it's worth checking if you aren't sure.