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Nestled in the vibrant heart of Central Harlem, this multifamily townhouse on Madison Avenue between 129th and 130th Streets presents an incredible opportunity for investors or homeowners looking for flexible living options.
This charming three-family brownstone offers incredible versatility. The ground floor, with its own private entrance, is currently configured as part of a duplex with the first floor. This spacious layout includes 3 potential bedrooms and 2 bathrooms and can be easily converted into two separate units. The property also features a beautifully landscaped private garden, your own peaceful oasis in the city.
The second and third floors each host a one-bedroom apartment, ideal for rental income or owner occupancy. These units are thoughtfully designed with modern amenities and comfortable living spaces.
Residents will love the nearby shopping including name brands like Costco, Whole Foods, and Trader Joe's. The neighborhood also includes a vibrant dining scene with local favorites and iconic spots like Red Rooster, Sylvia's, Marcus Garvey Park, and the Schomburg Center.
Convenience is key with easy access to public transportation, including the 2, 3, 4, 5, and 6 trains, as well as bus routes M101, M102, and M103, making commuting around the city a breeze. The Harlem 125th Street Metro-North train station is also very close for those looking to get out of the city for short weekend getaways.
Don't miss your chance to own a piece of Harlem's rich history while enjoying modern city living. Schedule a viewing today and explore the endless possibilities this multifamily townhouse has to offer!
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Our Executive Mortgage Banker:
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$2,199,000
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 | $1,759,200 | $1,759,200 | $1,759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.764% | 6.435% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,266 | $11,264 | $15,084 |
Total Monthly Payment | $10,391 | $11,389 | $15,209 |
* 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.