Discover the exceptional opportunity to become the owner of a captivating three-family townhouse nestled at 6 East 118th Street, perfectly positioned between the vibrant 5th and Madison Avenues. This prime location offers unparalleled convenience, being mere steps away from the 2 and 3 subway lines at Lenox Avenue and 116th Street, as well as the 4 and 6 lines at Lexington Avenue and 116th Street, ensuring easy access to all that New York City has to offer. Upon approaching the owner's duplex, you are greeted by a welcoming living room bathed in soft, north-facing natural light, creating a serene atmosphere. The living room is so large that it can also be transformed into a cozy guest room for visitors. As you proceed, ample closet space and a convenient half bathroom lead to a beautifully renovated, open kitchen. This space seamlessly extends into a spacious dining and living area, and has backyard access for seamless indoor-outdoor living. The second level boasts three generously sized bedrooms, with the primary suite offering ample space for a king-size bed, north-facing windows for natural light, and a substantial walk-in closet. The additional two bedrooms face south and are complemented by a washer and dryer closet and a full bathroom for ultimate convenience. The ground floor unit is a sizeable two-bedroom apartment with garden access, a large living room with an open kitchen design, and a dining nook for comfortable living or lucrative rental opportunities. Ascending to the top floor, you find another two-bedroom unit with the potential for conversion into a three-bedroom unit, boasting an open kitchen and an expansive living room for maximum flexibility and comfort. Situated in a neighborhood teeming with local favorites like Sottocasa, Settepani, Barrawine, and more, this townhouse is not just a home but a gateway to the best of city living, all within a stone's throw from Lenox Avenue. Don't miss out on this unparalleled chance to own a piece of New York City's dynamic landscape.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,285,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,828,000 | $1,828,000 | $1,828,000 |
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 | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $1,090 | $1,090 | $1,090 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,236 | $11,107 | $15,058 |
Total Monthly Payment | $11,451 | $12,322 | $16,273 |
* 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.