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*****Newly Renovated***** Welcome to Apartment 3A at 501 West 123rd Street — a freshly renovated home in the heart of Morningside Heights, offering modern updates, generous space, and access to an amenity-rich co-op community. This spacious 2-bedroom, 1-bath residence has just been thoughtfully updated to combine comfort and style. Recent renovations include luxury vinyl flooring throughout, fresh paint, and new lighting fixtures that brighten every room. The kitchen features a brand-new Whirlpool refrigerator and Whirlpool stove/oven, perfect for everyday cooking and entertaining. The bathroom has been completely remodeled, now featuring updated tile flooring, new shower tile, and modern lighting, creating a clean and contemporary feel. Located in the highly coveted “A line, ” Apartment 3A is known for its soaring ceilings, expansive layout, and oversized windows that flood the home with natural light and offer peaceful views of landscaped gardens and mature trees. With nine closets throughout, storage is abundant and effortless. Set within a lush 8-acre complex, the co-op offers an exceptional list of amenities, including: -24-hour security -State-of-the-art fitness center -On-site parking garage (available for a fee) -Children’s playroom and outdoor playground -Woodworking and pottery studios -Game room and in-house theater company -Pre-K program, community meeting rooms -Active retirement association for seniors Recent upgrades to the outdoor common areas — including new plantings and accessible ramps — further enhance the beauty and functionality of the property. The location offers unbeatable convenience, just minutes from grocery stores like Trader Joe’s, Whole Foods, and Fairway, as well as a vibrant mix of restaurants, cafés, and nightlife. Prestigious institutions such as Columbia University, Barnard College, and the Manhattan School of Music are all nearby, along with beloved parks and cultural destinations. Move right in and enjoy the rare combination of renovated interiors and a welcoming community — all in one of Manhattan’s most dynamic neighborhoods.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
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 |
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Loan Amount | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,666 | $3,810 | $4,855 |
Total Monthly Payment | $3,758 | $3,902 | $4,947 |
* 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.