Welcome to #4B at Magnolia Mansions Lofts. This exquisite, stylish East Harlem duplex loft stands out from all the rest with its impressive 15ft ceilings, floor to ceiling windows, renovated kitchen and bathrooms, and 1600 square feet of entertaining space, with FLEX 4 bedrooms/office space. When entering, you are enveloped by a generous foyer and an abundance of Southern and Eastern light. The first floor features an enormous living room, windowed open kitchen with dishwasher, extensive cabinet space, granite countertop, a full size bathroom, and a bedroom/office space. On the second floor you have 3 additional bedroom areas, and a full sized bathroom with stacked washer/dryer.
- Duplex
- Washer / Dryer in Unit
- 15 foot ceilings
- 3 bed Flex 4 bed
- Renovated Kitchen and bathrooms
-Pet Friendly
Magnolia Mansion Lofts is an incredibly unique building that was converted from a school into a Condominium in 1987. With a full time super, video intercom system, rooftop access and a shared courtyard, this building truly has it all. The courtyard offers a quiet oasis with tables and barbecue grills. Pets are welcome. This will not last!
Current ongoing assessment of $130 per month
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,099,000
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 | $879,200 | $879,200 | $879,200 |
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 | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,992 | $5,485 | $7,360 |
Total Monthly Payment | $5,117 | $5,610 | $7,485 |
* 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.