Opportunity is Knocking-Answer the Door!! Create a sprawling 6-bedroom, 4-bathroom residence with dedicated laundry room by duplexing Units 3B and 4B to create a magnificent trophy home! Each respective apartment currently offers 3 bedrooms and 1. 5 baths, but the half bath in each home can easily convert to a full, as has been done in other units in the same line. 807 Riverside Drive is a rare prewar condo, offering the best of all worlds-the beauty, solidity, and high ceilings of prewar construction with the flexibility of condominium ownership!
These sunny, peaceful apartments boast triple exposures, lovely open views from every room, windowed kitchens, windowed bathrooms, and abundant prewar charm including high ceilings, elegant moldings, and gorgeous strip hardwood floors! The combination, like any other renovation, would be subject to approval from both the condo board and the DOB.
Situated in the beautiful Audubon Park Historic District of Washington Heights, 807 Riverside Drive is a pet-friendly, elevator-serviced condominium with a striking lobby, live-in superintendent, laundry facilities, and storage!
The 1 train is just one block away, and the vibrant neighborhood offers wonderful markets, restaurants, cafes, coffee houses, and other gathering spots! Outdoor enthusiasts enjoy easy access to Riverside Park, the Hudson River Greenway, and Fort Washington Park, which has been recently refurbished with volleyball courts, soccer fields, modern playgrounds, handball, tennis, and more! Just to the south, 28-acre Riverbank State Park offers extensive facilities including indoor Olympic-size pool, rink for roller skating in the summer and ice skating in the winter, 800-seat cultural theater, 2, 500-seat athletic complex, 4 tennis courts, 4 basketball courts, softball field, and much more!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,644,000
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 | $1,315,200 | $1,315,200 | $1,315,200 |
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 | $7,468 | $8,205 | $11,010 |
Total Monthly Payment | $7,593 | $8,330 | $11,135 |
* 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.