This stunning townhouse is as versatile as a primary residence for luxury living, as it is an investment with income-generating potential. A savvy investor can reside in the owners duplex, while earning rental income from two free-market apartments.
At 20’ wide, this townhouse sits on a 100-foot lot and occupies 4 floors and a finished basement. Layout as below:
-Owners triplex with a private backyard, balcony and finished basement
*Basement as recreation room, or gym or bar
*Garden floor for open living with a spacious den and expansive kitchen and dining that opens to the backyard of 750 sf, perfect for outdoor entertaining.
*Parlor floor has three bedrooms, including a spacious primary and a second bedroom with a balcony, all spread around an additional open living space easily used for lounging or office.
-Two market-free two-bedroom apartments occupy the 2nd and 3rd floors. Bright-lit and floor through, each unit features a balcony and in-unit washer/dryers.
This is meticulously designed with:
*Solid hardwood floors
*Open Chef Kitchens with windows, granite countertops and stainless steel appliances
*Custom tiled baths
*Central Cooling Controlled by in-unit thermostat.
*Recessed lighting
*Video intercom systems
Each apartment is separately metered and serviced by its own boiler, saving the owner on utilities costs.
Truly a unique live-plus-income opportunity, the duplex is delivered vacant and ready for the next owner to call it home. 116 W 133rd Street is an exceptional find in one of Harlem’s most desirable neighborhoods - just moments from St. Nicholas Park and a short stroll to shopping, top-tier restaurants, and Harlem’s vibrant cultural scene.
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:
$3,450,000
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 | $2,760,000 | $2,760,000 | $2,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.346% | 5.907% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,455 | $16,994 | $22,919 |
Total Monthly Payment | $15,580 | $17,119 | $23,044 |
* 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.