New York (South Harlem), NY, 10026 | $2,612,500
INVESTMENT UNIT. LEASED UNTIL 1/31/2026. CAP RATE 1. 6%. Brand new SOUTH EAST CORNER PENTHOUSE! 4 BdRm 2. 5 bath with HUGE PRIVATE ROOF DECK, plus LARGE TERRACE and panoramic SKYLINE VIEWS at the PATAGONIA, a ground up 12 story development just now completed in South Harlem! 1891SqFt (176 m2) Interior, 691 SqFt (64 m2) Exterior.
Large windows. Wide plank white oak floors.
Separate laundry room. Full-sized vented LG washer/dryer. Central HVAC.
Living / Dining room.
Open kitchen features Calacatta marble counter-tops and Rocchetta backsplashes. GE, Whirlpool, and Kitchen-Aid appliances.
Bathroom appointed in Mosaic and porcelain tile, with Mountain Carrara quartz vanity and textured wood cabinets.
Designed by Aufgang Architects and built in 2023 by Press Builders, the PATAGONIA is ideally situated just north of the historic district, only 6 blocks from Central Park, within close proximity to Columbia University, Marcus Garvey Park, Morningside Park, East River Plaza Mall and a wide array of restaurants and shops. Food Bazaar, Lidl Grocery Store, Lincoln Market, and Whole Foods are all located nearby with Trader Joes and Target expected to open this year.
The Patagonia surrounds itself by a cultural hot spot of museums, galleries, and entertainment options, including the live music venues and late-night lounges which showcase Harlem's vibrant nightlife scene.
Convenient to transportation with easy access to 2, 3, 4, 5 & 6 subway lines and buses 102, M7 and the 116th Street Crosstown. Part-time concierge and virtual doorman services combine optimum functionality with state-of-the-art technology and security.
Amenities include: Southwest common corner roof terrace with gas grill, naturally lit fully equipped gym, playroom, bike room, and package room.
Pets allowed.
Please contact us today for a showing!
THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD21-0219. The artist and computer renderings, photographs, interior decorations finishes, fixtures, appliances and furnishings are provided for illustrative purposes. Sponsor makes no representation warranties except as may be set forth in the Offering Plan. Equal Housing Opportunity.
Features
- Town: New York
- Rooms: 7
- Bedrooms: 4
- Baths: 2 full / 1 half
- Units: 30
- Laundry: Building None,Washer Hookup,In Unit
- Year Built: 2023
- Cooling: Central Air
- Basement: Other
- Approx Sq. Feet: 1,891
- HOA Fee: $1,802 Monthly
- View: City,Panoramic
- Pet Policy: Building Yes,Yes
- Appliances: Washer Dryer Allowed
- MLS#: RPLU-5122642546
- Days on Market: 301 days
- Website: https://www.raveis.com
/prop/RPLU-5122642546/11w116thstreet_newyork_ny?source=qrflyer
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 Douglas Elliman Real Estate Phone: (212) 891-7000
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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To learn more about our credentials, visit raveis.com today.
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
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
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
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
New York (South Harlem), NY, 10026
$2,612,500
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $2,090,000 | $2,090,000 | $2,090,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,867 | $13,039 | $17,496 |
| Total Monthly Payment | $11,992 | $13,164 | $17,621 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535