Step into the allure of East Harlem living with this newly renovated studio at 1638 Park Avenue. This chic urban retreat seamlessly blends modern elegance with practical design, creating an efficient and stylish space in the heart of New York City. The dine-in gourmet kitchen, complete with full-size stainless steel appliances, is a visual delight with its stylish blue backsplash and sleek white cabinetry. Year-round comfort is assured with central heating and air conditioning, complemented by the added convenience of an in-unit laundry room. The living area, featuring gleaming hardwood floors, effortlessly combines luxury finishes with functional design. The bathroom stands out as a highlight, boasting a spacious soaking tub surrounded by trendy grey tiles. This studio offers a perfect urban escape in the midst of East Harlem's vibrant and culturally rich neighborhood. Nestled within 1638 Park Avenue, an eco-conscious rental building in East Harlem, this 9-story marvel offers Green property certification, low VOC paint for healthier living, high-performance windows for sound reduction, wired for Verizon, and a suite of amenities including a virtual doorman, storage cages, bike storage, and a rooftop space, make this building a sanctuary in the heart of the city. East Harlem, also known as El Barrio, welcomes you with a rich tapestry of history and culture. Renowned for its vibrant street art, lively music scene, and diverse culinary offerings, the neighborhood has been a cradle of artistic and cultural movements. Contributing significantly to Latin music, particularly salsa, East Harlem is adorned with murals and art installations reflecting its dynamic history. Residents enjoy easy access to local parks, including the iconic Central Park, museums like El Museo del Barrio, and a plethora of community events celebrating the area's diverse heritage. Living in East Harlem transcends mere apartment rental; it's an invitation to become part of a community with a proud past and an exciting future. Welcome to a studio where luxury meets functionality, and city living becomes a vibrant experience. Some pics are virtually staged and may stock photos of similar units. $2, 135 is the Net Effective Rent based on a 10-month lease with 3 months free.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $1,708 | $1,708 | $1,708 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.867% | 7.159% | 6.538% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $12 | $11 | $15 |
Total Monthly Payment | $87 | $86 | $90 |
* 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.