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Step into the heart of New York City living with this newly renovated 1-bedroom, 1-bathroom apartment at 1638 Park Avenue in East Harlem. A harmonious blend of modern design and comfort, this unit invites you into a world of spaciousness and style. The open gourmet kitchen is adorned with full-size stainless steel appliances, set against a backdrop of pristine white and blue backsplash, complemented by custom white cabinetry. Your comfort is assured throughout the seasons with central heating and air conditioning, while the convenience of in-unit laundry adds a practical touch to your daily routine. The bathroom features a generously sized tub surrounded by sleek grey tiles, enhancing the contemporary aesthetic. Gleaming hardwood floors gracefully span the entirety of the apartment, providing a seamless transition between rooms. Nestled within 1638 Park Avenue, an eco-conscious rental building in East Harlem, this 9-story marvel offers Green property certification, low VOC paint for healthier living, high-performance windows for sound reduction, wired for Verizon, and a suite of amenities including a virtual doorman, storage cages, bike storage, and a rooftop space, make this building a sanctuary in the heart of the city. Beyond your doorstep lies the vibrant neighborhood of East Harlem, affectionately known as El Barrio. Rich in history and culture, this locale boasts a lively music scene, vibrant street art, and diverse culinary offerings. East Harlem is a cradle of artistic and cultural movements, especially in the realm of Latin music, with nods to salsa evident in its dynamic murals and art installations. The neighborhood offers easy access to iconic destinations like Central Park and El Museo del Barrio, along with a myriad of community events celebrating its diverse heritage. Living in East Harlem isn't just about renting an apartment; it's about joining a community with a proud past and an exciting future. Welcome to a home where luxury meets culture, and city living becomes a vibrant experience. Some pics are virtually staged and may be stock photos of similar units.
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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 | $2,280 | $2,280 | $2,280 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $14 | $15 | $19 |
Total Monthly Payment | $89 | $90 | $94 |
* 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.