1885 Lexington Avenue, #5A, New York (East Harlem), NY, 10035 | $530,000

Welcome to this sun-splashed 2-bedroom, 1-bathroom condo with a spacious layout and classic city views. Residents enjoy quintessential East Harlem living seconds from Marcus Garvey Park, local cafes, a variety of grocery store options, and exciting dining and nightlife. The home is move-in ready but can be customized if desired.

A lovely foyer with an oversized coat closet flows into a sprawling living and dining area with beautiful hardwood floors, oversized sash windows, and abundant natural light. Off the dining area is a galley-style kitchen with ample storage, tiled floors, and full-size appliances, including a dishwasher, microwave, and gas stove.

The large primary bedroom can accommodate a king-size bed and boasts a deep reach-in closet. The second bedroom can easily be used as a home office or study and has its own closet space. The bathroom features white tilework and a deep tub.

Finishing the home are thru-wall A/C units and a convenient in-unit stacked washer and dryer.

Lancaster Lexington is a boutique condominium nestled in the heart of East Harlem. The building has a virtual doorman system, an elevator, and a furnished rooftop deck with open city views. Dozens of restaurants, bars, and shops are nearby, including El Barrista Caf , Santiago's Beer Garden, Patsy's Pizzeria, La Marqueta, The Good Good, and Sylla, among many others. Central Park is a few blocks south and west, and Dr. Martin Luther King Jr. Boulevard is several blocks north.

Accessible public transportation options include several local bus lines, the Metro North Railroad, and the 4, 5, and 6 subway lines. Pets are welcome.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 7
  • Amenities: Roof Deck;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Complex: Lancaster Lexington
  • Year Built: 2012
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Virtual Doorman
  • OLR#: RPLU1032523291625
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/RPLU1032523291625/1885lexingtonavenue_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 Serhant LLC

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

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1885 Lexington Avenue, #5A, New York (East Harlem), NY, 10035

$530,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $424,000 $424,000 $424,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 7.133% 6.256%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,857 $2,818 $3,576
Total Monthly Payment $2,949 $2,910 $3,668

* 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.