CENTRAL HARLEM | SPLIT 2 BEDROOM | 2 FULL BATH | 320SF PRIVATE TERRACE | SOUTHEASTERN EXPOSURES THROUGHOUT • See Video Tour • HDFC MAXIMUM INCOME CAP APPLIES - $388, 250 • 90% FINANCING • • 421a Tax Abatement Through 2030 Current Monthly Unabated Taxes $1, 503 5 Year Tax Payment Phase In Begins in 2026 Escalating 20% Per Year Until 2030 Apartment Features: • Split 2 BDRM • 320sf Private Terrace • Southern & Eastern Exposures Throughout – Bring your Sunglasses! • Oversized En-suite Primary Bedroom - w/ Walk-in Shower • Renovated Kitchen- - Stainless Steel Appliances - Quartz Countertop • Designer Upgrades • Red Oak Hardwood Floors Throughout • Thru-Wall AC units • Custom Closets! Building Features: • Full-service building with 24-hour doorman/concierge • Live-in super • Gym • Large Laundry Room in the building • Common Room for Entertaining • Large Courtyard with Gardens, Trees, BBQ area • Bike Storage • Non-Smoking Building Short distance from 2, 3, 4, 5, 6 trains and Metro North, bus lines M116, M102 and M1 stops at the building and close to M60 to LaGuardia Airport. Located 1 block from Marcus Garvey Park, and 8 short blocks from Central Park. Walking distance to 125th Street shopping (Whole Food, Trader Joe's, Marshalls, Burlington, H&M) and 116th Street Mall (Target, Costco, Old Navy, Marshalls, ALDI, Pet Smart). Blink Fitness, Food Fare Supermarket, CVS, and dry cleaning within 3 blocks. Pets are welcome. Woof Woof, Meow Meow
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Our Executive Mortgage Banker:
Our Insurance Division:
$560,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $448,000 | $448,000 | $448,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,795 | $2,943 | $3,750 |
Total Monthly Payment | $2,887 | $3,035 | $3,842 |
* 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.