Live lavishly in Central Harlem. Grab this rare chance to purchase a 1BR affordable housing unit in a luxury new development condominium.
This newly renovated 1BR home offers inspiring architectural details like 9' high-beamed ceilings and wide-plank Brazilian cherry hardwood floors. Bathed in sunlight, this south-facing unit also features:
Please note - This is an HPD Income Restricted Unit. Max Income Requirements as follows: 1 Person $135, 875 / 2 Person $155, 375 / 3 Person $174, 750 / 4 Person $194, 125
Completed in 2018, 70 West 139th Street is flush with amenities like a private rooftop with unobstructed 360 views, 24-hour fully equipped fitness center, laundry room in basement, live-in Resident Manager and virtual door attendant. Private rooftop cabanas, storages cages, indoor bike-room, and on-site parking equipped with electric vehicle charging stations are available for lease.
Situated in a convenient Central Harlem location, blocks from the 2, 3, B, C trains, and M1, M7 and M102 bus stops. You'll also find supermarkets, restaurants, bars, and cafes such as Bronx Terminal Market, along with St. Nicholas Park and City College within easy reach.
There is a 421A tax abatement that continues through 2044.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$375,901
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 | $300,721 | $300,721 | $300,721 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,051 | $1,999 | $2,536 |
Total Monthly Payment | $2,126 | $2,074 | $2,611 |
* 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.