Incredible Investment Opportunity for investors and end-users!
The monthly property tax is as little as $3 which helps you save money on tax bills over the years. Tax abatement through 2032.
The Gateway Tower Condominium, a Luxury Condo -2098 Frederick Douglas Blvd at 113/114 St. is perfectly situated three blocks from Central Park, Morningside Park, Columbia University, and Central Market, in the heart of the new restaurant row.
Welcome to 2H - the largest one-bedroom in the building - a turnkey featuring oversized windows that bring delightful natural light throughout the day. Hardwood floors, double closets, high ceilings, and recessed lighting add allure to this charming apartment.
Open windowed kitchen boasts abundant cherry cabinets, stainless steel appliances, and a dishwasher. Quiet yet efficient Mitsubishi split A/C units are equipped in both the living room and bedroom. The windowed bathroom entertains ceramic tiles, a new vanity, and a large medicine cabinet.
Upscale The Gateway Tower offers top-notch amenities including a full-time attended lobby, a fitness club, a central laundry facility, a beautifully landscaped courtyard, a community room, and available storage units for rent. Roof deck amuses stunning open views of the city and sky.
Close to 5 subway lines and 7 bus lines, neighborhood amenities include Farmers Market, yoga studio, salons, and much more.
Washer/Dryer allowed to install. A 421-A abatement through 2032 provides for exceptionally low taxes. Perfect for a start-up home, a pied-Ã -terre, or investment. Pets are welcome! Capital Assessment of $ 149. 23 through 12/31/2024. The CC includes the gas charge of $24. 50.
Easy showing- Call a listing agent to schedule a viewing today!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$580,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $464,000 | $464,000 | $464,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,165 | $3,084 | $3,947 |
Total Monthly Payment | $3,257 | $3,176 | $4,039 |
* 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.