18-foot wide, 68-foot deep, 4-family in Harlem's Hamilton Heights landmark, conveniently located near two universities! This all-electric townhouse features three expansive 2-bedroom floor-through apartments, each with split HVAC system, dishwasher, microwave and in-unit laundry. The available duplex one-bedroom spanning the 1st 2 levels boasts two well-equipped kitchens plus two full bathrooms, one on each floor, moreover a home office, and a private yard. It also is fitted with a split HVAC system an and in-unit washer & dryer. All 4 units feature decorative fireplaces, hardwood floors and recessed lighting. Tenants pay for electricity. The building has entirely new plumbing, electrical systems, meters, panels, sewage lines, hot water heaters, and HVAC systems. The 4 apartments collect $15, 400 in gross monthly rent, marking this as a top-tier investment. Situated across from CUNY. Close to parks, subways, buses, and amenities on Amsterdam Ave, Broadway, and 125th Street. Additional Information: AdjustedGOI: 175560, Appliances: Electric Water Heater BuildingAreaSource: Public Records, ParkingFeatures: On Street, PropertySubType: Quadruplex,
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Our Executive Mortgage Banker:
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$3,600,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,880,000 | $2,880,000 | $2,880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | $1,111 | $1,111 | $1,111 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,127 | $17,499 | $23,723 |
Total Monthly Payment | $17,363 | $18,735 | $24,959 |
* 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.