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Expansive 1BR Condo at the Adeline with over 14 years left on 421a tax abatement. A rare opportunity in the heart of Harlem! A spacious and sun-drenched One-bedroom Apartment offers beautifully designed rooms including 7" wide plank Oak floors throughout! The kitchen is open and outfitted with European lacquered cabinets, Ceaserstone countertops, and an Energy Star stainless steel appliance package. The luxurious hotel-like bathroom is designed with a double sink with a walnut cabinet, an oversized vanity mirror, lighting, and Grohe hardware. To top it off you get to slip into a soaking tub to enjoy and relax surrounded by pristine wall tiles and porcelain floor in a modern herringbone pattern. This home is complete with a Bosch Washer Dryer and efficient central heating and cooling and generous storage throughout. The Adeline is a full-service 24-hour doorman condominium with a fitness center, children’s playroom, live-in Super, on-site parking, bike storage, a refrigerated package room, and a sprawling landscaped 2, 300 square feet rooftop terrace with Central Park views and beautifully 5, 500 square feet landscaped courtyard on the 2nd floor. Perfectly located in South Harlem, the Adeline is close to many incredible neighborhood amenities such as fitness, restaurants, nightlife, and three wonderful city parks; Central Park, Marcus Garvey Park, and Morningside Park. Transportation is a breeze and only a half block from the 2, 3 trains and just a few minutes from the 6, B & C trains.
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Our Executive Mortgage Banker:
Our Insurance Division:
$949,000
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 | $759,200 | $759,200 | $759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,491 | $4,799 | $6,510 |
Total Monthly Payment | $4,583 | $4,891 | $6,602 |
* 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.