Rarely do you find a CONDO DUPLEX in prime Yorkville for below $1M - let alone below $800K! #6B presents the rare opportunity you have been searching for.
This completely unique duplex not only offers approximately 18 foot ceilings in the living room but it also complete with a wood burning fireplace and a balcony. Additionally, the windowed kitchen is complete with granite countertops and stainless steel appliances making this unit move-in ready.
The living room, which is adjacent to the windowed kitchen, comfortably fits a full furniture set providing the perfect setting to enjoy an evening by the fire. Off of the living room is the balcony which faces east allowing for sunlight to pour in throughout the day. 6B is located in the rear of the building overlooking gardens and rooftops while providing a buffer from any street noise from the avenue.
The second floor of the duplex is where the full bathroom and bedroom are located. The bathroom was recently renovated with hexagon marble floor tiles, a Toto toilet, new sink, Kohler hardware, vanity and tub. The bedroom can fit a queen size bed and dresser for more storage in addition to the double closet already present. To top everything off, the entire apartment has been retrofitted with recessed LED lighting and a reversible ceiling fan allowing both up and down flow of air along with a new 15, 000 BTU PTAC heating and A/C unit.
1724 Second Avenue is a boutique condominium with an elevator, video security and laundry on site. The condo allows unlimited renting as well as pets.
*Currently an assessment for Local Law 11 for $943. 75 ending April 30, 2025*
*Quoted RE Taxes are inclusive of STAR Abatement*
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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 | $620,000 | $620,000 | $620,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,767 | $3,767 | $4,900 |
Total Monthly Payment | $3,859 | $3,859 | $4,992 |
* 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.