Huge 2BR with office or Convertible 3BR!! Opportunity knocks with this super spacious co-op apartment at the edge of Inwood Hill Park. With a wonderful layout and sunny exposures on three sides, the two-bedroom residence also features a bonus room that can serve as a work-from-home office, a formal dining room, or even a converted third bedroom. This well maintained pet-friendly co-op on Indian Road sits directly across from the park, close to the Hudson River, and just a few blocks from Broadway. The unit’s extended front hallway with video intercom and extra closet space begins a journey of exploration that includes gleaming hardwood floors, large windows, and a winning combination of recent updates and vintage touches. The main living room area is one of many highlights, with two large windows and tons of space for furniture, media, and entertaining friends. On the other side of the kitchen is the bonus room with a large window and overhead lighting. The expansive primary bedroom suite enjoys its own powder room with vintage tile and a wall-hung sink. The second bedroom is also generously sized. The full hallway bath features lovely period wall and floor tile with accents, and a nice combo shower/tub. The popular elevator building has a handsome lobby, a live-in super, laundry, storage, a bike room, and wait-listed parking. Location is also key, nestled between multiple greenspaces including Inwood Hill Park and baseball field, tennis courts, Isham Park, Bruce’s Garden, Robert Kraft Field, and a delightful peninsula overlooking Spuyten Duyvil Creek. The well-known Inwood Farm restaurant is right next-door, there’s a Saturday farmer’s market, and the A and 1 trains are nearby. Assessment of $423. 20/mo. for 13 months through December 2025 for work pertaining to Local Law 126 (inspection, maintenance, and repair of parking structures)
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William Raveis Mortgage, LLC
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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 | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,411 | $3,323 | $4,287 |
Total Monthly Payment | $3,503 | $3,415 | $4,379 |
* 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.