Spacious & Bright Corner 3 Bed 2 Bath Full-time Doorman Building Tax Abatement in place through 2029 90% Financing Allowed You'll not want to miss out on this exceptional, spacious, corner 3 bed 2 bath, new to the market at Madison Plaza in Harlem! Enter into this beautiful home through the gracious foyer, with over 10’ of closets to the left and one of two baths to the right, adorned with modern pendant lighting and classic black and white tiling. Continue through into the corner living / dining space, and you will love all of the wonderful natural light streaming in through four large windows. The open flow layout makes this the perfect space for entertaining and relaxing, with plenty of room for multiple sofas, chairs, entertainment system, and the dining area which seats 6-10 people easily. The kitchen is conveniently tucked away opposite the dining area and boasts stainless steel appliances, dishwasher, and lots of great cabinet and counter space! Just off the living room you will find the first of three bedrooms which receives wonderful warming southern light through the large window. This room will fit a twin or queen-sized bed, dresser, and it has a large closet with built-ins. Head back toward the entry where you will find the remaining two bedrooms. The smaller second bedroom can accommodate a twin or queen-sized bed, dresser, and it has a large closet. The primary suite at the end of the hall is very large and will easily accommodate a king-sized bed if desired. The en-suite bath is decorated in classic black and white tiling and sports a high-tech toilet and standing shower with a modern glass shower door. Madison Plaza is a pet-friendly co-op conveniently located in South Harlem just 1 block from Marcus Garvey Park and 8 blocks to Central Park. Amenities include: 24 hr doorman, elevator, live-in super, fitness room, residents lounge, laundry room, bike storage, and a beautifully landscaped courtyard with BBQ grill. Experience all the neighborhood has to offer, with so many great restaurants, cafes, and entertainment right out your door! Nearby grocery stores include City Fresh Market (116 / Lexington), Fine Fare (117 / Malcolm X), and Whole Foods (124 / Malcolm X). Note: Maximum household income is $388, 250.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $532,000 | $532,000 | $532,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,629 | $3,536 | $4,525 |
Total Monthly Payment | $3,721 | $3,628 | $4,617 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.