Shown by Appointment-Beautiful fully renovated one bedroom with 10' ceilings, Great Northern light streams through the oversized bay window. This is an elevator building in a prime South Harlem location. Rich chocolate hardwood floors, recessed lighting with dimmers, and a marble bath are some of the features. Gourmet kitchen with top of the line stainless appliances and custom cabinetry. This space is streaming with light and its in mint condition.
The building has a live in super, two porters, 24 hr. security and laundry in the basement. Storage is available upon request ( additional fee) A bike room is coming in 2025. There is a 11, 000 sq. ft. courtyard which has been restored . This is an H. D. F. C cooperative. and subject to income restrictions and Board approval. Close to Harlem's restaurant row.
The income level for this HDFC is 165% of the AMI : Guidelines for 2024 are: 1 person $179, 355, For two $205, 095 , for three $230, 670.
Convenient to the B/C trains at 116th & Frederick Douglas Boulevard & #2 at 116th Street & Lenox Avenue A/B/C/D trains at 125th & 8th Avenue. Tons of restaurants and cafes. Pets Ok. Email or call for an appointment today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$420,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $336,000 | $336,000 | $336,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,321 | $2,264 | $2,858 |
Total Monthly Payment | $2,396 | $2,339 | $2,933 |
* 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.