Presenting a distinguished opportunity in the heart of East Harlem, 160 East 105th Street is a refined four-story, four-unit residence offering both charm and tremendous potential. Situated on an expansive 20 ft by 100. 92 ft lot, this timeless property spans 2, 018 square feet of livable space, with each of its generously sized units averaging 505 square feet. The property is poised to benefit from the ongoing evolution of the East Harlem neighborhood, making it a perfect acquisition for those seeking both luxury and investment potential. Originally constructed in 1910, this building embodies the classic beauty and craftsmanship of early 20th-century New York architecture. Its prime R7B zoning offers versatile possibilities for both renovation and development, while retaining the opportunity to preserve its historical character. With the perfect blend of vintage appeal and modern upgrades, 160 East 105th Street invites a visionary investor or developer to transform it into an exceptional, high-end residential asset. The property’s strategic location along the vibrant East 105th Street places it at the nexus of culture, convenience, and urban sophistication. Surrounded by upscale dining, boutique shops, and renowned cultural landmarks, residents will enjoy effortless access to the very best of New York City. Additional advantages include proximity to public transportation, schools, and lush green spaces, enhancing the appeal for potential buyers or tenants who seek both style and convenience. 160 East 105th Street offers an extraordinary canvas for those seeking to create a luxury living experience in one of Manhattan’s most exciting and rapidly evolving neighborhoods. Whether redeveloped into bespoke residences or maintained as an income-generating property, this premier address promises a future of success and sophistication.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,500,000
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 | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,671 | $12,641 | $16,877 |
Total Monthly Payment | $11,796 | $12,766 | $17,002 |
* 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.