Introducing 225 East 110th Street, a charming South facing three-story townhouse nestled within the heart of East Harlem's vibrant "El Barrio" neighborhood. This residence offers a welcoming ambiance from the moment you step into its gated garden. This extra-wide 21' townhouse encompasses three residential units, complemented by two dedicated parking spots at the rear of the lot for added convenience. Meticulously cared for, new windows and a new roof were added to the house in 2023. Each unit is thoughtfully designed with market-rate pricing, ensuring a dynamic living experience for residents. Unit A, the “owner’s duplex”, presents an exceptional opportunity for live-in owners seeking additional income potential. Equipped with central AC and access to a private rear garden, Unit A promises both comfort and investment value. Unit A offers 2 spacious bedrooms, in-unit washer/dryer, and a 1000 square foot recreational room with half bathroom. Unit B & Unit C, situated on the second and third floors respectively, have undergone extensive renovations, including brand-new appliances. These expansive three-bedroom layouts are generously proportioned to accommodate queen-sized beds comfortably. Both units offer ample storage space, including walk-in closets, and the added convenience of in-unit washer/dryers. Unit B further delights with its direct access to the private garden via a charming spiral staircase that hugs the townhouse's rear facade. Situated on the serene Tito Puente Way, just steps away from the bustling 6 subway line and a brief stroll from Central Park, this residence offers the perfect blend of tranquility and accessibility. The neighborhood boasts a vibrant mix of local favorites, including Ricardo Steak House and Rao's, all within reach along the second avenue commercial corridor. Benefiting from proximity to esteemed institutions like The Tag Young Scholars School, Mount Sinai Hospital, and The Africa Center, this property presents an enticing opportunity for investors and end-users alike. With its turn-key, free market status and low taxes, 225 East 110th Street offers a gateway to vibrant urban living in one of East Harlem's most promising communities. Contact directly for more information, full setup and private showing.
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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 | $2,120,000 | $2,120,000 | $2,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.003% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,707 | $12,881 | $17,463 |
Total Monthly Payment | $11,832 | $13,006 | $17,588 |
* 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.