First offering in 53 years, this three family townhouse with attached garage is extremely rare. This L shaped lot has approximately 12, 164 buildable square feet and has 45 feet of frontage on East 118th Street. The 45 feet of frontage is best described in two parts, first the townhouse section is built 20 feet wide by 100 feet deep. Adjacent to that is the garage, which can fit up to 6 cars in it's current configuration, and that is 25 feet wide by 50 feet deep. Please see attached floor plan and video for more information.
Located on a beautiful cobblestone street cul-de-sac, this convenient location is 1 block away from the East River Plaza mall which has Costco, Target, Marshalls, Aldi and Burlington Coat Factory and Planet Fitness, just to name a few. One block south you can take the 116th Street crosstown bus and the closest subway is the 6 train at 116th Street. Not only is public transportation incredibly convenient, the FDR entrance/exit is two blocks away and there is a bike/walking path.
The possibilities are endless, contact us for an appointment to view this unique property today.
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $2,000,000 | $2,000,000 | $2,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,199 | $12,314 | $16,608 |
Total Monthly Payment | $11,324 | $12,439 | $16,733 |
* 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.