Introducing Unit 4B at 159 East 118th Street, a modern 1-bedroom, 1-bathroom residence in the vibrant neighborhood of East Harlem. This newly constructed building, completed in 2023 by developer 159 Nyc LLC and designed by ARC Architecture + Design Studio, offers 12 units spread across six floors. Only two units per floor. This exquisite unit spans 630 square feet of interior space and has high-end finishes. It features custom cabinetry, high-end appliances, a quartz kitchen island, red oak floors, picture windows, a Blomberg cooktop and appliance package, a deep soaking tub, and honeycomb tiling. Attention to detail and quality craftsmanship are evident in every corner of this home. In addition to the well-appointed interior, residents of this building can enjoy a range of amenities, including an elevator for convenience, a roof deck with stunning views, a fitness center to maintain an active lifestyle, and a pet-friendly policy to accommodate furry family members. The building is perfectly situated two blocks from the subway, and has easy access to Whole Foods, Costco, Aldi, the new Trader Joes and new Target coming soon. Witha 67-square-foot terrace, Unit 4B balances indoor and outdoor living spaces. The unit is flooded with natural light, creating a bright and welcoming atmosphere for residents to enjoy. The sleek design and modern aesthetic make this residence a true urban oasis. Immediate closings are available for this unit, making it an ideal opportunity for those looking to settle into their new home quickly. Take advantage of this chance to own one of the last remaining units in this exclusive building.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $519,200 | $519,200 | $519,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,454 | $3,451 | $4,452 |
Total Monthly Payment | $3,546 | $3,543 | $4,544 |
* 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.