Welcome to apartment #5B at The Ellison, a charming, boutique condominium situated on a tranquil Harlem block. Upon entering, guests are greeted by a serene eastern exposure seen through double-pane loft-style windows. #5B features wide plank hardwood flooring and an oversized, open kitchen equipped with stainless steel GE Profile appliances & in-unit washer/dryer. The massive kitchen island features a built-in convection oven, dishwasher, deep basin sink, additional cabinet space, and counter seating for five. This open-concept kitchen seamlessly flows into the great room making it an ideal space for entertaining. Beyond the kitchen and living area, retreat to a 100 sqft private balcony.
A split-bedroom floor plan promotes the ultimate in privacy. To the right of the living room, a king-sized primary bedroom contains a spacious walk-in closet and en suite bathroom with a large, modern floating vanity with double sinks, Kohler fixtures, Artesian white porcelain tiled floors, a spa-like sunken bathtub, and a separate water closet.
To the left of the living room, guests will find a spacious secondary bedroom and guest bathroom featuring a floating vanity and walk-in shower. The apartment's striking design, custom moldings, expansive rooms, and loft-like feel make it a standout in the Harlem community. Each room is equipped with through-wall air conditioning and heating. A common roofdeck, ultra-low monthlies, and a 421a tax abatement round out this exceptional offering.
Nearby conveniences include Whole Foods & Trader Joe's and acclaimed restaurants such as The Red Rooster, Sylvia's, Corner Social and The Harlem Beer Garden. The Ellison also provides easy access to New York Public Library, Saint Nicholas Park, and Harlem Hospital. Transportation options are abundant including as 2/3 and B/C trains on 135th Street.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $760,000 | $760,000 | $760,000 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,315 | $4,741 | $6,362 |
Total Monthly Payment | $4,407 | $4,833 | $6,454 |
* 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.