2098 Frederick Douglass Boulevard, #2H, New York (West Harlem), NY, 10026 | $580,000

Incredible Investment Opportunity for investors and end-users!
The monthly property tax is as little as $3 which helps you save money on tax bills over the years. Tax abatement through 2032.

The Gateway Tower Condominium, a Luxury Condo -2098 Frederick Douglas Blvd at 113/114 St. is perfectly situated three blocks from Central Park, Morningside Park, Columbia University, and Central Market, in the heart of the new restaurant row.

Welcome to 2H - the largest one-bedroom in the building - a turnkey featuring oversized windows that bring delightful natural light throughout the day. Hardwood floors, double closets, high ceilings, and recessed lighting add allure to this charming apartment.

Open windowed kitchen boasts abundant cherry cabinets, stainless steel appliances, and a dishwasher. Quiet yet efficient Mitsubishi split A/C units are equipped in both the living room and bedroom. The windowed bathroom entertains ceramic tiles, a new vanity, and a large medicine cabinet.

Upscale The Gateway Tower offers top-notch amenities including a full-time attended lobby, a fitness club, a central laundry facility, a beautifully landscaped courtyard, a community room, and available storage units for rent. Roof deck amuses stunning open views of the city and sky.

Close to 5 subway lines and 7 bus lines, neighborhood amenities include Farmers Market, yoga studio, salons, and much more.

Washer/Dryer allowed to install. A 421-A abatement through 2032 provides for exceptionally low taxes. Perfect for a start-up home, a pied-à-terre, or investment. Pets are welcome! Capital Assessment of $ 149. 23 through 12/31/2024. The CC includes the gas charge of $24. 50.

Easy showing- Call a listing agent to schedule a viewing today!

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 9
  • Amenities: Bike Room; Garden; Fitness Room; Sauna; Steam Room; Laundry Room; Party Room; Roof Deck; Common Storage;
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Gateway Tower
  • Year Built: 1900
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Concierge
  • LobbyAttendant: No
  • OLR#: RPLU33423136239
  • Days on Market: 102 days
  • Website: https://www.raveis.com
    /prop/RPLU33423136239/2098frederickdouglassboulevard_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 Corcoran Group

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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
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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2098 Frederick Douglass Boulevard, #2H, New York (West Harlem), NY, 10026

$580,000

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 $464,000 $464,000 $464,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.655% 7.146% 6.276%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,165 $3,084 $3,913
Total Monthly Payment $3,257 $3,176 $4,005

* 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.