Discover the epitome of urban living in this remarkable three-family townhouse nestled in the heart of vibrant East Harlem. Boasting a generous 20-foot width and four floors plus a basement, this meticulously maintained property offers endless possibilities for investors and owner-occupants alike. Impressive Duplex Owner's Unit with Private Backyard Deck. The highlight of this townhouse is the spacious three-bedroom, three-bathroom duplex unit on the main level, perfect for owner occupancy. Flooded with natural light, this thoughtfully designed space features a modern kitchen equipped with updated appliances, including a dishwasher, and an adjacent dining area ideal for entertaining. Step outside onto your private backyard deck, accessible from the dining area, allowing for seamless indoor-outdoor living and entertaining. Additionally, the owner's unit boasts its own private backyard oasis, providing a tranquil retreat in the heart of the city. Two-Bedroom Units Offering Rental Income Potential The upper floors feature two-bedroom units on each level, each boasting modern updated kitchens, separate dining areas, and private balconies. Whether you're looking to generate rental income or accommodate extended family members, these units offer versatility and charm. Prime Location and Accessibility Situated just steps away from Central Park and Marcus Garvey Park, this townhouse offers easy access to green spaces and recreational amenities. With the 2 and 3 subway station at 116th Street only a few blocks away, commuting throughout the city is a breeze. Explore the vibrant dining scene, cultural attractions, and local shops that East Harlem has to offer, all within reach of your new home. Don't miss out on this rare opportunity to own a piece of East Harlem's thriving real estate market. Whether you're seeking a comfortable owner's residence with rental income potential or a lucrative investment property, this townhouse presents an unparalleled opportunity. Schedule your private showing today and experience the unparalleled lifestyle that awaits!
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Our Executive Mortgage Banker:
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$2,300,000
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 | $1,840,000 | $1,840,000 | $1,840,000 |
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 | $649 | $649 | $649 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,303 | $11,329 | $15,280 |
Total Monthly Payment | $11,077 | $12,103 | $16,054 |
* 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.