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New and spacious duplex 2 bedrooms apartment with large lower level recreation room. The upper level consists of a living room with a 10-foot ceiling, solid oak plank floor, oversized windows admitting southern west light, and a fully equipped kitchen(top-of-the-line stainless steel appliances: GE fridge, range, microwave, dishwasher, and wood-burning fireplace). Down the staircase are even larger two bedrooms and a large recreation room, ceramic-tiled, with a full bath, and ample closet/storage space. Sorry, no dogs are allowed.
Ideally located on an immaculate block with a community garden and convenient to major transportation, 206 East 124 Street Condominium features 16 luxury apartments with clean modern lines and warm natural finishes, ranging from one- and two-bedrooms to large three-bedroom duplexes. The classic pre-war building was gut-renovated and fabulously restored. Although the original facade remains, the interior has been updated with modern plumbing and wiring, keeping the architectural integrity of the neighborhood firmly in mind. 206 East 124 Street Condominium is two short blocks from the express 4-5-6 train station, three blocks from the Metro-North station, and within easy reach of the Triborough bridge for each access to major airports. The building is within a short distance of both Marcus Garvey Park and the East River Esplanade. Nearby shopping includes Manhattan's largest grocery store just one block away, the new East River Plaza shopping mall (with Costco, Target, and Best Buy among other premium tenants), and several highly-rated restaurants.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,700
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,160 | $2,160 | $2,160 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $14 | $14 | $18 |
Total Monthly Payment | $89 | $89 | $93 |
* 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.