Large Owner’s Triplex + 2 Rental Units + Parking! 3, 481 sq ft of living space (2, 618 above grade) PLUS 850 sq ft Garden! Showing by Appointment! Opportunity Knocks! Create your dream home on this most charming tree-lined block in Harlem! Priced right for you to customize this three family home. Enjoy not only living in this generous space, but having the benefit of rental income to pay your mortgage! Built in 1998 to encourage homeownership in Harlem, these charming townhouses line both sides of 117th Street creating a little village. Each unit has one designated parking spot in a gated lot just a few doors down – who could ask for anything more? These townhomes have exceptional curb appeal. Two attractive entrances – one for the garden level triplex, with three bedrooms, 2 baths, hardwood floors, massive and flexible lower level, commonly used as a Den, has W/D, and access to the fenced tranquil backyard waiting for your inspired garden design. Two Bedrooms and a bath on the main level and Primary bedroom and bath on its own floor for privacy with a balcony overlooking the backyard. Two nice sized rental units with charming separate entrance through a light filled windowed staircase. An ample one-bedroom apartment is on the second floor with south facing LR and serene north facing bedroom with views of the backyard/garden, hardwood floors, good closets. And on the third (top) floor, is a two-bedroom home, again with sun-filled south facing sizable LR, peaceful north facing bedrooms with views of the backyard/garden, great closets, hardwood flooring. Both units feel very private and have lovely views of charming 117th Street. This home is part of the Malcolm Shabazz Gardens H. O. A which manages maintenance and improvements of common areas including the gated parking lots, snow removal, etc. The fee, which includes the gated parking, is just $ 625. 00/YEAR! Location, location, location – This stretch of 117th is between Adam Clayton Powell, Jr. Blvd and Malcom X (Lenox) Blvd – two blocks to the 2, 3, B & C subway trains, and just one block away are multiple bus lines including the M116 and M2. Central Park, Morningside Park, Marcus Garvey Park nearby. Columbia University is on the other side of Morningside Park. Great restaurants, shopping and services all around – truly the best location to experience all that Harlem offers.
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:
$2,200,000
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 | $1,760,000 | $1,760,000 | $1,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,552 | $11,415 | $15,331 |
Total Monthly Payment | $10,677 | $11,540 | $15,456 |
* 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.