Discover this 18-foot wide, 68-foot deep, 4-family row house treasure in Harlem's coveted Hamilton Heights landmark, perfectly situated on one of the area's most desired blocks and conveniently located near CUNY & Columbia University.
This all-electric townhouse blends classic pre-war charm and modern convenience. It features three expansive 2-bedroom apartments, each with a floor-through design, split HVAC system, dishwasher, microwave and in-unit laundry. One unit even offers a private terrace deck, ideal for relaxation or entertaining. The available duplex dwelling, spanning the first two levels, boasts a well-equipped kitchen on each floor-both furnished with a dishwasher and microwave. Additionally, there's a full bathroom on each level, moreover, a dedicated home office, and an exclusive backyard. It genuinely feels like having two units in one given the design. It also is fitted with a split HVAC system and in-unit washer & dryer. All 4 units are adorned with hardwood floors and recessed lighting. Electricity charges are the responsibility of the tenants.
The building is further accentuated with eight decorative fireplaces, including one in a cozy sitting room in the lobby. The structure benefits from entirely new plumbing, electrical systems, meters, panels, sewage lines, hot water heaters, and HVAC systems.
The 4 apartments collect $15, 400 in gross monthly rent, marking this property as a top-tier investment. 3 two year leases expire in 2025.
Location is everything! Situated across from CUNY and just around the corner from a vibrant selection of restaurants, delis, cafes, pubs, as well as essential services on Amsterdam Ave. Broadway offers an array of more restaurants, shops & services, as well as the #1 train. One subway stop from the Columbia University campus. A short distance from St Nicholas Park, Jackie Robinson Park, Riverbank State Park, and NY Sports Club. The southbound M100 and M101 buses on Amsterdam Ave turn east on W125 St, making stops for the A, B, C, D, 2, 3, 4, 5, and 6 trains, as well as Metro-North, providing access to the Harlem Whole Foods, Trader Joe's, Wonder and more.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$3,600,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,880,000 | $2,880,000 | $2,880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.769% | 6.270% | 5.864% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,127 | $17,499 | $23,723 |
Total Monthly Payment | $16,252 | $17,624 | $23,848 |
* 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.