Stunning Fully Renovated Legal 3-Family Home in Central Harlem
Welcome to your dream property in the heart of Central Harlem! This fully renovated, move-in-ready, legal 3-family brownstone offers a perfect blend of luxury, comfort, and investment opportunity.
Key Features:
Triplex Living: Enjoy your spacious 2, 800 sq ft triplex apartment providing an airy and expansive living experience.
Income-Producing Asset: The other two units in the building are perfect for generating additional income, making this property a savvy investment.
High Ceilings: All units boast impressive 12 ft ceilings, enhancing the sense of space and elegance.
Prime Location: Situated in the vibrant and historic neighborhood of Central Harlem, you'll have easy access to local amenities WeWork, Whole Foods and soon Trader Joes, restaurants, and transportation and park.
Generous Lot Size: This beautiful brownstone sits on a 20 ft wide x 100 ft lot, offering ample space and privacy.
Amazing Backyard: Enjoy a usable and spacious backyard with 1, 000 sq ft of outdoor space, perfect for outdoor entertaining, gardening, or relaxation.
Modern Utilities: All the utilities in the building are up to date and in perfect working condition, ensuring a hassle-free living experience.
Significant Income Potential: With the potential to generate over $200K annually in rental income, this property is an exceptional investment opportunity.
Perfect for All Buyers:
Whether you are an investor looking for a lucrative asset or a buyer seeking a home that generates income, this property is ideal. Live comfortably in your luxurious triplex while benefiting from the rental income from the other two units.
Don't miss out on this exceptional opportunity to own a piece of Central Harlem with both residential and investment potential. Contact us today to schedule a viewing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,899,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,319,200 | $2,319,200 | $2,319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,719 | $14,850 | $19,728 |
Total Monthly Payment | $13,844 | $14,975 | $19,853 |
* 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.