111 W W 132nd Street, New York, NY, 10027 | $1,850,000

Significant price adjustment - now $1, 850, 000, delivered vacant! Contact Harlem Lofts Inc for your private showing!The Certificate of Occupancy for this lovely Queen Anne townhouse shows it to be a Church plus Two Class A Apartments. As such, it offers the new Owner a straightforward roadmap for conversion to a Residential (1 or 2 Family) or Rental Investment (3+ Family) Certificate of Occupancy in an ideal location on a leafy street in Upper Manhattan. Built in 1886 by renowned architects Cleverdon and Putzel, this gorgeous limestone and slate townhouse is located in one of the most sought-after Historic Districts in Central Harlem. The property has been been in the same hands for over 30 years and is now ready for renovation and a new generation of Owners. The boiler and hot water heater are both brand new. There is a Community Garden across the street in front, and a Church in back, both between 70 and 90 feet wide, and so the house benefits from unobstructed light all day long. This lovely property is just a few steps from Harlem's Restaurant Row and shopping and entertainment on 125th Street, and it is also conveniently close to transportation options including the 2/3 and B/C subway lines and the M2, M7 and M102 bus lines. For recreation, the house is just a short walk from St. Nicholas Park and Mount Morris Park. This is a wonderful opportunity for an investor, with minimal risk and maximum potential. Contact Harlem Lofts today for additional details and your private tour!

Features

  • Rooms: 16
  • Bedrooms: 6
  • Baths: 3 full
  • Year Built: 1886
  • Garage: Other
  • Heating: Other, See Remarks
  • Cooling: None
  • Basement: See Remarks
  • Approx Sq. Feet: 3,264
  • Lot Desc: Garden
  • School District: New York
  • MLS#: H6270179
  • Days on Market: 290 days
  • Website: https://www.raveis.com
    /eprop/H6270179/111ww132ndstreet_newyork_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

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.

Amanda ClarkSales Associate

954.234.9203

Amanda.Clark@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@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

Evelio MirandaInsurance Sales Director, William Raveis Insurance

561.704.7334

Evelio.Miranda@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

111 W W 132nd Street, New York, NY, 10027

$1,850,000

Amanda Clark

Sales Associate

William Raveis Real Estate

Phone: 954.234.9203

Amanda.Clark@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,480,000 $1,480,000 $1,480,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.875% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.430% 6.977% 6.664%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,993 $9,723 $12,892
Total Monthly Payment $9,118 $9,848 $13,017

* 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.