195 Edgecombe Avenue, New York (Hamilton Heights), NY, 10030 | $1,900,000

The renovated townhouse offers vintage hickory flooring throughout, 12' high Ceilings, crown molding, exposed brick, noise cancellation windows, front facing bay windows on parlor level, original tier-on-tier wood shutters, tiled bathrooms, solid Cherry wood doors, beautiful original detailed woodwork including carved staircase railings and banisters. This remarkable townhouse could be a great opportunity for extra income, and or catered to the first-time home buyer looking to utilize the brilliant layout including the owner’s unit set up on the garden level with a large home office. The second and third levels have four large studio units in total, two on each floor with full bathrooms in each studio with the exception of one. The top floor is comprised of a spacious sun-filled three-bedroom, one-bathroom unit with exposed brick and a skylight in the kitchen. The basement level includes high ceilings, a laundry room, an extra storage room, a full bathroom with the space to build another room, and an emergency exit leading to the rear garden level. The hand-cemented insulated stones allow for a climate-controlled basement year-round, Perfect location for your wine cellar. SIZE R/B/B: 16/6/6 Lot Size: 16' x 100' Floors: 4 Gross SF/SM: 2, 502 / 232 Built Size: 16' x 50' INCOME All units (Garden Floor, 2nd, 3rd, and 4th Floor) Delivered Vacant. EXPENSES - Spectrum Internet: $400 / month - Con Edison (gas + electricity): $650 / month - Insurance: $300 / month - Water Bill: $320 / 3 months - Super’s salary: $1, 000 / month TAX - Tax Class: 2A - Property Tax: $5, 234 annually

Features

  • Town: New York
  • Amenities: Sprinkler System; Laundry Room; Wine Cellar;
  • Rooms: 16
  • Laundry: CommonArea
  • Year Built: 1901
  • Cooling: Unknown Type
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • Built Size: 16'x50'
  • OLR#: COMP1393625531875212
  • Days on Market: 473 days
  • Website: https://www.raveis.com
    /prop/COMP1393625531875212/195edgecombeavenue_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Compass

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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195 Edgecombe Avenue, New York (Hamilton Heights), NY, 10030

$1,900,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

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 $1,520,000 $1,520,000 $1,520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.270% 5.864%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,512 $9,236 $12,521
Total Monthly Payment $8,637 $9,361 $12,646

* 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.