Offer Fell Through Back On The Market!! If location and comfort are your jam, this home's for you! Walk-up to the 4th floor to be greeted by an open living and dining room, well proportioned with reflecting light on beautifully re-finished hardwood floors and painted walls. A galley windowed kitchen has plenty of storage and counter space. Both bedrooms are spacious enough for a King-sized bed, or at the very least a Queen and with ample closets. Excellent value as your primary residence. Centrally located, minutes from Harlems’ 125th Street central shopping area where you’ll be delighted to find Whole Foods, Bed Bath & Beyond, DSW, Marshalls and a host of other retailers and services. Harlem’s restaurant row at your front door with an eclectic mix of dining experiences on Lenox and Frederick Douglass. Harlem is culturally rich with art galleries and many other cultural institutions all within your reach, including the renewal of nearby Studio Museum and National Black Theatre. Transportation options include the 2/3, B/C subways, M7, M102 buses nearby on Lenox Avenue. Metro North Railroad at 125th/ Park Avenue offers a convenient getting away. City College, Columbia University, and Touro College are easy commutes. Madison Avenue HDFC is a unique co-op that consists of 12 buildings with 5 private parks, accessible to residents only. There’s a community room available for events, and a laundry facility for the complex. No smoking building. Financing up to 80%. Gifting/Co-purchasing allowed. No assessments or flip tax. All cash purchase a plus! Household income restriction at 165% AMI: 1–$154K; 2–$176K; 3–$198K; 4–$220K. Email us for an appointment. No texts please. #ExploreUptown | #ExploreHarlem | #SchombergCenter Photos are virtually staged/rendered.
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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 | $228,000 | $228,000 | $228,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,517 | $1,498 | $1,923 |
Total Monthly Payment | $1,592 | $1,573 | $1,998 |
* 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.