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Presented by
The Norgart Team |
229 W 116TH Street, #2B, New York (South Harlem), NY, 10026 | $850,000
Introducing 2B at 229 West 116th Street- A bright, character-filled 2-bedroom, 1. 5-bath loft with soaring 11-foot ceilings, exposed brick, and newly refinished oak floors. With a smart layout, low monthlies, and turnkey condition, it's both a beautiful home and a strong long-term investment, with tenants in place until June 2027 with a 4. 5% cap rate.
The sun-drenched living and dining area faces south with oversized windows and flows into a stylish, windowed kitchen with granite countertops, stainless steel appliances, and ample cabinetry. Both bedrooms are located at the quiet rear of the home, offering peaceful, light-filled retreats. The oversized primary bath features subway tile, Kohler fixtures, and a rainfall shower. Additional highlights include a full-size in-unit washer/dryer, multiple ELFA closets, built-in shelving, and a deeded storage unit.
Casa Loma offers a restored brick lobby, bike storage, and a 4, 000 SF landscaped roof deck with panoramic views of Central Park, the Manhattan skyline, and Columbia University. Just moments from the 2/3/B/C trains, Central Park, and Harlem's best cafés, restaurants, and green spaces-this is downtown style, uptown. This 16-unit elevator building was completely gut renovated in 2006, blending historic charm with modern convenience.
Features
- Town: New York
- Cooling: Central Air
- Levels: 6
- Rooms: 4
- Bedrooms: 2
- Baths: 1 full / 1 half
- Laundry: Building None,In Unit
- Complex: CASA LOMA
- Year Built: 1910
- Common Charge: $620 Monthly
- Approx Sq. Feet: 1,007
- View: City
- Pet Policy: Building Yes,Yes
- MLS#: RLS20016171
- Days on Market: 278 days
- Website: https://www.raveis.com
/prop/RLS20016171/229w116thstreet_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.
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.
The Norgart TeamSales Associates
239.404.7007
NorgartTeam@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
- 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
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@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
229 W 116TH Street, #2B, New York (South Harlem), NY, 10026
$850,000
The Norgart Team
Sales Associates
William Raveis Real Estate
Phone: 239.404.7007
NorgartTeam@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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $680,000 | $680,000 | $680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,599 | $3,968 | $5,556 |
| Total Monthly Payment | $3,691 | $4,060 | $5,648 |
* 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