This bike needs air in the tires, and little bit of TLC.  The folding mechanism is fully functional.  Sold as is.

• Weight: 27.6 lbs (12.5 kg)
• Folded size: 30.3″ × 25.2″ x 11.8″ (77 × 64 x 30 cm)
• Speeds: 7
• Frame: K Series 4130 chromoly lightweight steel frame with lattice forged hinge
• Fork: Hi-Ten Steel Blades and Steerer
• Tires: 20″ x 1.50″
• Handlepost: Forged Alloy, Radius Telescope adjustable
• Handlebar: Flat, 6061-T6 Alloy
• Seatpost: 34 mm x 580 mm Alloy
• Front hub: Mini, sealed bearings 20H
• Rear hub: 7-speed, freewheel, 32H
• Rear derailleur: Shimano Tourney
• Brakes: Winzip 110mm V-Brakes
• Pedals: Folding
• Crankset: Forged alloy 6061 arms, 52T
• Bottom Bracket: Sealed bearing, square taper with bolt
• Recommended rider height: 4’8″ – 6’4″ (142 – 193 cm)
• Maximum rider weight: 230 lbs (105 kg)
• Carton weight: 37 pounds