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Discover the potential of this 1899 single-family townhouse in Hamilton Heights, offering a unique opportunity for those looking to restore and reimagine a piece of New York history. With five bedrooms and four bathrooms, this home spans three living levels, plus a cellar with direct garden access, making it ideal for a creative renovation. The 2, 448 square feet of interior space features original character and a functional layout, though the home is in need of updates. While the natural light varies throughout, the home offers great potential for customization. The private backyard garden, accessed from the cellar level, provides a peaceful outdoor space in the heart of the city. The property is equipped with an oil heating system, and its layout lends itself well to a full restoration or modern redesign. Whether you're an investor, developer, or end-user looking for a rewarding project, this townhouse presents a fantastic opportunity to bring your vision to life in one of Manhattan’s most historic neighborhoods. If you're ready to take on a true rehab opportunity, don’t miss this chance to transform 523 West 147th Street into something special. Requires 48 hours notice to show.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,400,000
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 |
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Loan Amount | $1,120,000 | $1,120,000 | $1,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.739% | 6.309% |
Monthly Tax Payment | $450 | $450 | $450 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,447 | $7,171 | $9,527 |
Total Monthly Payment | $7,022 | $7,746 | $10,102 |
* 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.