Welcome to this stunning multi-family townhouse located at 7 W 122nd St, Manhattan, NY. Constructed in 1909 by Cleverdon & Putzel, this four-story 19' wide 4-family house boasts a trove of original architectural details. On a quiet Harlem street anchored on either end by churches featuring Romanesque Revival and a modified Classical style; Mount Morris Park on the east; Central Park 12 blocks south; Whole Foods (west) three blocks away; striking distance of an abundance of eateries including Red Rooster, Corner Social, Harlem Shake and Shake Shack, cultural attractions and transportation with optimal options. The certificate of occupancy is 4-family. The house is currently used as a four-family with two two bedroom one bath floor through units, a one bedroom garden level apartment with outdoor space and an owner's one bedroom pied a terre on the parlor level. Taxes are $11, 798 annually. This townhouse boasts a total of 12 rooms, including 6 bedrooms and 4 bathrooms, offering an abundance of space in which to live and entertain. There is also an additional 3, 168 of buildable living space. As you step inside, you'll be greeted by the architectural charm of this home, featuring built-ins, crown and decorative moldings, and high ceilings that add a touch of elegance to the interior. The northern and southern exposures flood the home with natural light, accentuating the bay windows and creating a warm and inviting atmosphere. Improvements made to the building in 2005/2006 1. 2 inches of concrete wrap (entire building) 2. Rebuilt buildings front steps, including rebuilding of concrete artwork 3. Rebuilt concrete floor at garden entrance 4. Rebuilt outside patio and replaced drainage pipes 5. Replaced windows and frames throughout building 6. Replaced carpeting in all common areas and landings 7. Built full kitchens on 3rd and 4th floors 8. Replaced roof, electric, plumbing and gas and electric meters 9. Replaced boiler 10. Cleaned and closed all fireplaces The home is equipped with gas heat, and window AC units can be installed. Washers and dryers are conveniently located in each unit, and theres also a laundry downstairs within the building. Unit 1 (Ground floor one bedroom apartment with private outdoor space) $3, 200 Unit 2 (Owner's pied a terre) Unit 3 (2 bedroom, one bath) $3, 300 Unit 4 (2 bedroom, one bath) $3, 300 Located in a prime Manhattan location, this home offers a perfect blend of historic charm and modern convenience. Don't miss the opportunity to make this exceptional property your own. Schedule a showing today and experience the timeless allure of this magnificent townhouse.
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William Raveis Mortgage, LLC
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Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,196,000 | $3,196,000 | $3,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,147 | $19,939 | $26,754 |
Total Monthly Payment | $18,272 | $20,064 | $26,879 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.