Rarely available, this pristine 3-bedroom, 2-bathroom duplex is situated in a landmark townhouse on one of the most picturesque blocks in the Mount Morris Park Historic District. This spacious corner unit encompasses approximately 1, 550 square feet, providing a true home-like feel. The duplex features three bedrooms, two bathrooms, great closet space, a kitchen with granite countertops, and top-of-the-line appliances. Additional highlights include expansive bay windows, hardwood parquet inlay floors, a laundry room, a storage unit, and a large common garden. Located on a tranquil, tree-lined street, this residence is just steps away from the serene beauty of Mount Morris Park and offers convenient access to transportation and dining options. This home is not to be missed. This distinctive Landmark building boasts a prime central address right across the street from Marcus Garvey Park, where you will enjoy baseball games, theatre and music affairs. It is steps away from local cafes and restaurants and, a short walk to Whole Foods and soon to open TRADER JOE. From local shops, transportation options and retail services this neighborhood is a vibrant community filled with history and culture. There will be an ongoing assessment of $616. 47 a month starting in the Fall/Winter. of 2024.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,300,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,040,000 | $1,040,000 | $1,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | $458 | $458 | $458 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,987 | $6,574 | $8,776 |
Total Monthly Payment | $6,570 | $7,157 | $9,359 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.