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159 East 118th Street, #1F, New York (East Harlem), NY, 10035 | $425,000
5. 875% financing for qualified buyers available through Valley National Bank Community Plus Program!
Ready for Immediate Occupancy!
Welcome to The Oslo at 159 East 118th Street, a one-of-a-kind new development condominium in vibrant East Harlem. Enjoy all the amenities associated with a 12 unit elevator building without the additional cost: A state of the art common gym furnished with all the essentials for your daily workout. Stunning oversized roof deck with exceptional views of the Manhattan skyline, perfect for entertaining or relaxing during the day. And large private storage units are available for purchase and common bike storage in the basement for your convenience.
Details galore, every apartment has been thoughtfully designed, and features custom cabinetry with high-end appliances. Red oak floors span the living spaces and bedroom. Large, picture windows by Pella accentuate the tree lined street and neighboring architecture.
Unit 1F is a southwest facing studio apartment. Warm, diffuse sunlight showcases a modern, open kitchen offering plenty of storage for essentials and is equipped with a Bertazzoni electric cooktop and Blomberg appliance package including a dishwasher.
The living space contains two generous closets. The bathroom is spacious with a deep soaking tub from Emory & Bond, highlighted by honeycomb tiling and rain shower head. A suspended vanity is placed under the anti-fog, LED mirror that lights up with a touch. The entryway holds a closet with washer/dryer hook-ups.
Situated on 118th Street between Lexington Ave and Third Ave, The Oslo is ringed by parks: Central Park, Harlem River Park, and a quick trip to Randall's Island. Shopping is a breeze at East River Plaza. The building is central to many renowned and well-known restaurants such as Chef Marcus Samuelsson's Red Rooster Harlem, Sylvia's "Queen of Soul Food, " and Rao's, a famous haunt for southern Italian dining. Easy access to the 6 train at 116th Street, 4 & 5 trains at 125th Street, and 2/3 trains at 116th and Malcolm X Blvd. It's less than 10 min drive to the FDR.
The complete terms are in an offering plan available from the Sponsor File No. CD210258
Features
- Town: New York
- Cooling: Unknown Type
- Levels: 6
- Amenities: Bike Room; Fitness Room; Laundry Room; Roof Deck;
- Rooms: 2
- Baths: 1 full
- Complex: The Oslo
- Year Built: 2022
- Pet Policy: Pets Allowed
- Washer/Dryer Allowed: Yes
- Building Access : Elevator
- Service Level: Video Intercom
- OLR#: RPLU1032523138034
- Days on Market: 108 days
- Website: https://www.raveis.com
/prop/RPLU1032523138034/159east118thstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Serhant LLC
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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888.699.8876
Contact@raveis.com
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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.Alvarez@Raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
159 East 118th Street, #1F, New York (East Harlem), NY, 10035
$425,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah Alvarez
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $340,000 | $340,000 | $340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,262 | $2,260 | $2,867 |
| Total Monthly Payment | $2,337 | $2,335 | $2,942 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535