Nestled in the esteemed Striver’s Row neighborhood of Central Harlem, 209 West 138th Street presents a remarkable opportunity to own a distinguished two-family townhouse. This picturesque enclave, renowned for its Georgian-style architecture and serene back alleys, harmoniously blends historic charm with urban convenience. The property features 17 feet of frontage and is currently configured with a garden-level unit, alongside a triplex apartment. The triplex apartment showcases elegant details including five decorative fireplaces, exposed brick walls, original staircase woodwork, and abundant natural light pouring through skylights on the fourth floor. Each floor of the triplex is equipped with a bathroom and a washer/dryer. Conveniently located within walking distance of the B, C, 2, and 3 subway lines, residents enjoy easy access to Manhattan and beyond. Nearby, an array of national retailers and acclaimed dining establishments such as Red Rooster and Harlem Tavern offer a vibrant local atmosphere. The area is also close to esteemed academic institutions including Columbia University and City College of New York. Rarely does such a unique property become available in Harlem’s most prestigious historic district. Ideal for owner-users seeking a residence of unparalleled character and investment potential, 209 West 138th Street stands as a once-in-a-lifetime opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,995,000
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 | $1,596,000 | $1,596,000 | $1,596,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,062 | $9,957 | $13,360 |
Total Monthly Payment | $9,187 | $10,082 | $13,485 |
* 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.