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Open House by appointment
Introducing Residence 2B at 229 West 116th Street - A truly rare offering that captures the essence of downtown loft living in the Upper West Side. This exceptional 2-bedroom, 1. 5-bath home (with easy conversion to 2 full baths) is full of character, flooded with natural light, and in immaculate, move-in ready condition. With very low monthlies and a smart layout, it''''''''s not just an incredible place to live-but also a strong long-term investment.
Featuring loft-like proportions and rich architectural detail, the home features soaring 11-foot ceilings, exposed brick, and oak hardwood floors that add warmth and depth throughout. The expansive living and dining area is anchored by oversized south-facing windows, bringing in all-day sunlight and an airy, open feel. The spacious, windowed kitchen is both stylish and functional, appointed with granite countertops, stainless steel appliances, and generous cabinetry. Recently refreshed with newly refinished floors, fresh paint, and a modern kitchen update, this residence is fully turnkey and can be offered fully furnished.
The oversized primary bathroom includes classic subway tile, Kohler fixtures, and a rainfall shower, while the additional powder room adds convenience and includes an in-unit washer/dryer. The powder room can easily be converted to a second full bathroom; the alternate floor plan is enclosed for design inspiration. Storage is thoughtfully designed with multiple custom ELFA closets, plus a deeded private storage unit. Both bedrooms are located at the quiet rear of the home and offer serene, light-filled retreats. The entry flows beautifully into the living space, with sleek built-ins and open shelving enhancing both form and function.
Set within Casa Loma, a boutique 16-unit condominium originally built in 1910 and converted in 2007 to a pet-friendly, investor-friendly condo, residents enjoy a beautifully restored brick lobby, elevator, bike storage, and a 4, 000 SF landscaped roof deck with sweeping city views of Central Park, the Manhattan skyline, Columbia University, and the iconic Cathedral of St. John the Divine. Just moments from the 2/3/B/C trains, Harlem''''''''s restaurant row, cozy cafés, convenience stores, and some of the city''''''''s best parks.
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,315 | $4,866 | $6,465 |
Total Monthly Payment | $4,407 | $4,958 | $6,557 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.