Excellent Co-op Apartment! Guidelines For Buyer: 1. Annual Income Must Be At Least Seven (7) Times The Total Of The Annual Maintenance Charges Plus Two (2) Times Your Annual Mortgage Payments, If Any. Prospective Purchaser Must Qualify On Income Only. 2. Income Must Be Verifiable By Form 1040 Federal And State/city It-201 Income Tax Returns For The Past Two Years For Each Applicant. (employer W-2 Wage Forms Required). 3. Cooperative Loan Financing Is Limited To A Maximum Of Eighty (80%) Percent Of The Purchase Price. 4. Down Payment Must Be Purchaser’s Funds 5. For All Gifts, Funds Must Be In Purchaser’s Bank Account For A Minimum Of Six (6) Months.