HDFC Co-op. Income Restrictions Apply. If owning a piece of New York City history and having stellar views of Yankee Stadium appeal to you, look no further than this well-appointed one-bedroom at 409 Edgecombe. Residence 9D features not one but two entrances, one side leading you into a foyer with multiple closets and the other directly into the kitchen. The foyer, dining room, and living room are all connected by original french doors, giving you the airy feel of an open layout while still allowing you to close off rooms as needed. The renovated, windowed kitchen has a modern retro charm and features high-end Big Chill appliances as well as a washer/dryer with a water sensor pan and a farmhouse sink. It is also conveniently outfitted with an abundance of cabinets for all your storage needs. A breakfast counter sits between the kitchen and the larger dining room offering an ideal entertaining space for dinner parties. In the light-filled bedroom you’ll find enough space for a queen-sized bed, dressers, and nightstands. But perhaps the best part of this apartment is the incredible open view from the bedroom’s double window, overlooking Sugar Hill, the Harlem River, and the South Bronx, including the iconic Yankee Stadium. Throughout the apartment you’ll enjoy windows in each room and a plethora of closets, as well as original trim and hardwood that brings you back to the origins of this most fashionable address. History lives at 409 Edgecombe, known as “Harlem’s House of Celebrities” for housing famed intellectual W. E. B. Du Bois, Supreme Court Justice Thurgood Marshall, and artist Aaron Douglas. This building in Sugar Hill has a history as storied as its previous inhabitants and received its landmark designation in 1993. This HDFC co-op features a part-time attended lobby and laundry room. Uniquely, this building has access to a CSA (community supported agriculture) that delivers fresh produce to the building, where in most cases you would have to go to a collection point in the neighborhood to receive your produce. Located nearby the A, C, B, D and 1 trains, you have a slew of transit options to get you around the city. Income restrictions are as follows: 1 person - $130, 440 2 people - $149, 160 3 people - $167, 760 4 people - $186, 360 5 people - $201, 240
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $332,000 | $332,000 | $332,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,209 | $2,207 | $2,847 |
Total Monthly Payment | $2,284 | $2,282 | $2,922 |
* 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.