605 West 111th Street, #41, New York (Morningside Heights), NY, 10025 | $900,000

Incredible Three-Bedroom Opportunity!

Bring your architect and create the home of your dreams! This 3-bedroom, 1. 5 bath home offers classic prewar details with an expansive living and dining room. It can easily expand into either a three-bedroom, two-bath apartment, or become a loft-like two-bedroom. Please contact us for more details.

Upon entering through the gallery hallway, you are greeted by the large, light-filled living space with 10-foot ceilings, crown moldings, and south-facing bay windows. Adjacent to the living room lies the formal dining room. The oversized windowed kitchen, next to the dining room, could easily be designed to offer an eat-in area, along with loads of countertop space and storage.

The Markenfield, located in the heart of Morningside Heights, is a two-building cooperative-an urban oasis on tree-lined West 111th Street between Broadway and Riverside Drive. Owners benefit from an exceptionally low monthly maintenance at this well-capitalized co-op. The building has a live-in super, storage units, bike storage and laundry room. The lobby and hallways are renovated. Located moments from the subway and both Riverside Park and Central Park. Pet-friendly and washer/dryer friendly as well.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Bike Room; Laundry Room; Private Storage For Fee;
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 1 full / 1 half
  • Complex: Markenfield, The
  • Year Built: 1903
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: No
  • Building Access : Elevator
  • Service Level: Voice Intercom
  • OLR#: RPLU21923205478
  • Days on Market: 63 days
  • Website: https://www.raveis.com
    /prop/RPLU21923205478/605west111thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Brown Harris Stevens

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

605 West 111th Street, #41, New York (Morningside Heights), NY, 10025

$900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $720,000 $720,000 $720,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,088 $4,492 $6,027
Total Monthly Payment $4,180 $4,584 $6,119

* 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.