725 Riverside Drive, #10G, New York (Hamilton Heights), NY, 10031 | $570,000

"INVESTOR ONLY" Currently Renter in Place for one year lease term. Lease starts August 1, 2024 - July 31 2025 at a monthly rent of $3, 100 per month.

RENOVATED CORNER PREWAR ONE BEDROOM WITH STELLAR PANORAMIC RIVER VIEWS FACING SOUTH & EAST. Elegantly appointed using high end finishes with newly refinished blonde oak plank floors and skim coated freshly painted walls. Given the unobstructed open sky views, high ceilings & great layout, the apartment feels very spacious and lofty with restoration hardware ceiling fans to catch the breezes coming off the Hudson River.

River Views from the large kitchen which features granite countertop's, ceramic back splash tiles, under cabinet lighting and custom oak cabinetry to the ceiling to maximize storage space. There are stainless steel appliances including built in microwave & dishwasher. In unit W/D can be installed in the closet just outside the kitchen should you desire. River Views from the dining room area comfortable for entertaining four+ is centrally located between the kitchen & open to the living room.

The generous windowed bathroom has a new medicine cabinet, overhead light fixture and rain shower head with the original cast iron tub.

The over- sized bedroom with river views & double exposures can accommodate a king-size bed with a completed bedroom set and more if desired. Abundant custom closets (5) of which one is a walk in. Pre- war arched entranceways, new windows, 10 ft ceilings and custom blinds in all windows.

Quietly situated on a tree lined street directly across from Riverside Park and the newly opened footbridge to the Hudson River bike path and Riverside Park along the river's edge

with short distance to Columbia University's Manhattanville campus, Riverbank State Park, City College and New York Presbyterian Hospital and weekend escapes via the GWB.

This well-managed, pet-friendly building offers a resident superintendent, lobby attendant from 3pm to 1am daily, weekend porter, bike storage, storage cages and central laundry.

Liberal sublet policy. 90% financing permitted. Co purchasing and gifted funds towards purchase allowed.

There is currently a monthly assessment of $437. 30 for capital improvements in place till 1/2027.

Features

  • Town: New York
  • Cooling: Window Units
  • Levels: 11
  • Amenities: Laundry Room;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Riverside Drive Condominiums
  • Year Built: 1912
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Elevator
  • Service Level: Part Time Doorman
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU5122986189
  • Days on Market: 205 days
  • Website: https://www.raveis.com
    /prop/RPLU5122986189/725riversidedrive_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 Douglas Elliman Real Estate - Park Plaza

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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

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725 Riverside Drive, #10G, New York (Hamilton Heights), NY, 10031

$570,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $456,000 $456,000 $456,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,034 $3,031 $3,910
Total Monthly Payment $3,126 $3,123 $4,002

* 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.