Welcome to this stunning, contemporary and completely gutted multi-family townhome located at 22 East 129th St. This unique home is completely electric with a hybrid water heater saving tons on monthly expenses and induction stoves for professional grade cooking. This semi-detached house boasts a total of 3150 square feet offering a spacious and luxurious living experience. The property features an owner's duplex, 2 bedrooms, 2 ½ baths, a private garden, a lovely deck off the living room, and two 1-bedroom floor-through rental income units. Upon entering, you'll be greeted by high ceilings and an abundance of natural light streaming through the triple-pane oversized European, tilt and turnwindows, illuminating the beautiful hardwood floors. There is recessed lighting throughout and ultra efficient, fully zoned, heating and air-conditioning. The master bedroom has a private entrance to the garden and a generous bathroom, complete with a bidet. The second bedroom/library has a private entrance. You’ll enjoy the fruits of the property’s fig and pear trees, raspberries, and blackberries, as you explore your green thumb in the backyard raised-bed vegetable / herb garden. The deck off the living room is perfect for outdoor grilling, relaxation, and for entertaining family and friends. Additionally, the property includes a full dry basement, ideal for work projects and storage. The two rental units are floor-through 1-bedrooms 1-bath with open kitchens, custom cabinets, and premium countertops. There is a washer/dryer in each unit, ensuring a hassle-free laundry experience for all residents. Don't miss the opportunity to own this exceptional contemporary home with architectural elements that add to the allure of this townhouse. Take advantage of the unique features and spacious layout this property has to offer. Coming soon is the National Black Theater, The Studio Museum, Trader Joe’s, and Sephora. A short block away is the National Jazz Museum. This location is a true cultural hub imbued with history, steps from a house where Langston Hughes lived, a school where James Baldwin studied, and a building where Ann Petry wrote her novel “The Street. ” Enjoy all the retail on 125th Street as well as the neighborhood coffee shops and restaurants. Schedule a showing today and envision the lifestyle that awaits you at 22 East 129th Street. With the two rental incomes and extremely low taxes, this is a unique opportunity for a home purchase or investment.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,000
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 | $1,599,200 | $1,599,200 | $1,599,200 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,955 | $9,717 | $13,173 |
Total Monthly Payment | $9,080 | $9,842 | $13,298 |
* 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.