New York (Morningside Heights), NY, 10027 | $595,000

Welcome to this beautifully renovated , true 3 bedroom home located in a charming, pre-war boutique building minutes from Columbia University! This affordable gem features a spacious open, windowed kitchen with abundant cabinet space, quartz countertops, stainless appliances and a washer/dryer combo unit. The spacious living area connects to the kitchen via an ample breakfast bar and can also accommodate a small dining table. The king sized primary bedroom has an enormous closet unit and the two smaller bedrooms can both accommodate full sized beds or flex to office or living space.

Additional features of this lovely apartment include a nicely appointed bath, engineered wood flooring , an entry gallery with exposed brick, 9 ft. + ceilings throughout and very low maintenance costs.

501 West 122nd Street is conveniently located on a tree lined street close to Columbia University and Barnard College, the 1 train and express buses on 125th Street, Morningside Park, and numerous restaurants and bars in Morningside Heights and South Harlem. Guarantors, co-purchasing, parents buying for children, and 90% financing are all permitted. Pets are welcome. Bike storage is free of charge.





Features

  • Town: New York
  • Heating: None
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 1 full
  • Laundry: Building None,None
  • Year Built: 1987
  • Common Charge: $1,100 Monthly
  • Approx Sq. Feet: 0
  • Est. Taxes: $0
  • Pet Policy: Building Yes,Yes
  • MLS#: RLMX-102894
  • Days on Market: 67 days
  • Website: https://www.raveis.com
    /prop/RLMX-102894/501w122ndstreet_newyork_ny?source=qrflyer
Copyright © 2024  The Real Estate Board of New York, Inc., All rights reserved
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 Keller Williams NYC   Phone: (212) 301-1140

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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
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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

New York (Morningside Heights), NY, 10027

$595,000

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 $476,000 $476,000 $476,000
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 $92 $92 $92
Initial Principal & Interest Pmt $3,167 $3,127 $4,014
Total Monthly Payment $3,259 $3,219 $4,106

* 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.