Welcome Home to an amazing and move-in ready apartment conveniently located a block from the #1 subway. This very quiet unit, located on the rear of the building of a well-run HDFC building offers 9. 5 ft high ceilings, stunning oak wood floors throughout, new solid wood doors, Carrera marble floor and sink in the bathroom, and white kitchen cabinets with quartz countertop. You will love the details! This 1, 050 s/f home offers three bedrooms, one bathroom, living room, dining room and eat-in-kitchen. The kitchen is open to the living room through a stunning custom-built mid-century modern (MCM) oak divider giving it an open concept feel. The property is a 6-story, 25-unit elevator building dating back to 1905. A new roof is scheduled to be installed with solar panels. It features a ButterflyMX video intercom system for added security. Offers storage (cage) and bicycle storage for rent based on availability. A pet friendly building. It has a cozy backyard / garden with lounge chairs and BBQ. The low $948. 41 monthly maintenance fee includes heat, hot water and Spectrum high speed internet and basic cable. Situated in the attractive, pre-war neighborhood of Hamilton Heights, this home positions you at the heart of the neighborhood's historic charm, with great dining options, supermarket, pharmacy, etc. . . Close to City College, Columbia University's New Campus, Riverbank State Park, Riverside Park with the Harlem Pier, Manhattan Waterfront Greenway Bike Lane, and CitiBike stations. Subleasing is allowed after 2 years with board approval. 15% Flip tax to be paid by the seller. HDFC (165% AMI of Area Median Income) eligibility requirements are as follows: 1 person: $179, 355 - 2 persons: $205, 095 - 3 Persons: $230, 670 - 4 Persons: $256, 245 - 5 Persons: $276, 705. Gifting Allowed. Items INCLUDED with sale: Washer & Dryer; Flat Screen TV Bracket; Microwave; Elfa Shelves in the closets EXCEPT the Laundry Room. Items EXCLUDED from sale: All Chandeliers; Freezer; Convection Oven; L/R Window A/C unit; Book Shelves and Coat Hanger in Mud Room; 3 White Floating Shelves in Kitchen; Elfa Shelves in Laundry Room but brackets will stay; Curtains / Rods & Drapes; Current Switch Plates will be replaced. No statement is made as to accuracy of any description. All dimensions, measurements and square footage are approximate.
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William Raveis Real Estate
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VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,368 | $3,324 | $4,311 |
Total Monthly Payment | $3,460 | $3,416 | $4,403 |
* 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.