IMMEDIATE OCCUPANCY!
ALL OPEN HOUSES AND SHOWINGS ARE BY APPOINTMENT ONLY. YOU MUST MAKE AN APPOINTMENT WITH THE SPONSOR'S SALES TEAM IN ADVANCE.
Residence 502 is a 555 SF one-bedroom and one-bathroom, offering incredible value for the space and the quality.
WHERE LIFE CLICKS INTO PLACE It's easy to slip into the groove at Smithsonian Place. With 125th Street Station, Whole Foods Market, and Central Park at your fingertips, this is where life clicks into place. Choose from 55 residences perfectly placed in the thriving neighborhood of Harlem. Available with one, two, or three-bedrooms.
A PLACE WITH CHARACTER Constructed in 1898, Smithsonian Place has been lovingly restored over five years to create a lifestyle that blends age-old architecture with modern style. Timeless late 19th-century brick and stone fa ade with restored decorative balconies overlooking Lenox Avenue with generously scaled windows adorned with crafted cornices and lintels.
A PLACE WITH CRAFTSMANSHIP Crisp detailing and calm colors merge effortlessly with the warmth of the late 19th-century architecture. Natural materials like stone and timber create a tranquil canvas for life. Expansive double-glazed casement windows saturate each home with natural light, typical ceiling heights from 9 to 10 feet, white oak hardwood flooring and fitted bedroom closets and washer/dryer cabinets.
KITCHENS feature custom light grey cabinets with brushed brass accents, a natural granite countertop and backsplash, Rubinet pot-filler and faucet, Fisher & Paykel induction cooktop and oven, LG refrigerator, Bertazzoni dishwasher and a XO above-the-range hood.
BATHROOMS fitted with stone Masai Blanco 40" floor tiles and matte white wall tiles, custom 30" vanities, expansive mirrored medicine cabinets, brushed nickel Phylrich contemporary faucets, neptune Entrepreneur Albana bathtubs, Artos brushed nickel bath, shower, towel bar, and paper holder fixtures and a lcera Museii toilets with Iwash electronic bidet.
A PLACE OF COMFORT Second-to-none amenities in a one-of-a-kind building. Smithsonian Place is where work, rest, and play come together. A doorman to welcome you home, a double-height fitness studio equipped with Peloton bikes and treadmills, Tonal machines, and a mezzanine-level yoga and Pilates zone equipped with sauna and steam rooms, private video call and podcast meeting rooms, light-filled resident's lounge with seating around a stone-set feature fire, game room, playroom, bicycle storage, a dedicated pet wash area, and at an additional cost private storage is available.
A PLACE OF CONVENIENCE With transport links, schools, grocery stores and medical facilities in easy reach, Smithsonian Place is where comfort meets convenience. Four blocks from the 125 St. 2/3 Subway Station, providing access to Midtown in under 25 minutes. 8-minute bike ride to Central Park.
The complete offering terms are in an offering plan available from sponsor. File no. CD22-0237. Sponsor: 370 LENOX LLC, c/o Renaissance Realty Group, 1019 Avenue P, Suite 501 Brooklyn, New York 11223. Plans, specifications, and materials may vary due to construction, field conditions, requirements, and availabilities. Sponsor reserves the right to make changes in accordance with the offering plan. Units will not be offered furnished. All images are artist's renderings. Images, renderings, representations and interior decorations, finishes, appliances and furnishings are provided for illustrative purposes only and have been compiled from sources deemed reliable. Though information is believed to be correct, it is presented subject to errors, omissions, changes and withdrawal without notice. Prospective purchases are advised to review the complete terms of the offering plan for further detail as to the type, quality, and quantity of materials, appliances, equipment, and fixtures to be included in the units, amenity areas and common areas of the condominium. Equal Housing Opportunity.
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:
$575,000
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 | $460,000 | $460,000 | $460,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.160% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,060 | $3,022 | $3,851 |
Total Monthly Payment | $3,152 | $3,114 | $3,943 |
* 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.