Welcome to this stunning FREE MARKET 4 Unit multi-family townhouse located at 213 E 120th St, Manhattan, NY. This beautiful partially renovated brownstone offers a total of 5, 200 square feet of living space, featuring 7 bedrooms, 4 bathrooms, and a total of 16 rooms, providing ample space for comfortable living. Perfectly located off 3rd Avenue, this townhouse is within close proximity to local shopping, schools, transportation, Harlem Art Park, Eugene McCabe Field, and Marcus Garvey Park. The sun-drenched owner's unit boasts a move-in-ready, two-bedroom floor-through layout with an expansive living room featuring high ceilings, perfect for entertaining. The renovated windowed eat-in kitchen includes custom cabinetry, and the full bathroom has been tastefully updated. Additional amenities include a washer/dryer and ample closet space. The beautifully renovated top floor is bright and open, featuring a modern bathroom and kitchen with contemporary fixtures. The first floor offers a bright office space with private outdoor access, ideal for a live/work situation. The remaining floor provides an open canvas for your renovation ideas. The property benefits from low taxes and will be delivered vacant. As you step inside, you'll be greeted by the timeless elegance of this home, with decorative mouldings and hardwood floors throughout the property. The outdoor space includes a backyard, offering a private retreat within the heart of the city. Additionally, the convenience of a washer/dryer and a full basement adds to the ease of living in this home. Situated in a prime location, with easy access to vibrant city life, this walk-up townhouse presents a rare opportunity to own a piece of Manhattan's rich history while enjoying the comforts of modern living. Don't miss out on the chance to make this exceptional property your new home or investment property. The low property taxes at $2, 064 per year and the townhouse delivered vacant. FAR: Unused FAR: 3, 253 | Allowed usable floor area: 7, 564 | Usable floor area as built: 4, 311 | R7A Zoning Code Located in and economic opportunity zone.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,100,000
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 | $1,680,000 | $1,680,000 | $1,680,000 |
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 | $172 | $172 | $172 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,539 | $10,481 | $14,064 |
Total Monthly Payment | $9,836 | $10,778 | $14,361 |
* 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.