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Welcome to Unit #2IS at 3616 Henry Hudson Parkway, a beautifully gut-renovated 2-bedroom, 2-bath, Terrace sponsor unit in The Algiers—a highly regarded co-op with low maintenance costs and exceptional amenities in the heart of Central Riverdale. This spacious second-floor home spans over 1, 170 sqft and features a large living room, a dedicated dining area with access to a private balcony, and a sleek, fully updated kitchen with brand-new cabinets, countertops, stainless steel appliances, and a 5-burner stove—perfect for the home chef. The layout also includes, an ensuite primary bathroom with a walk-in shower, beautiful hardwood floors throughout, and abundant closet space for all your storage needs you can sense the attention to details in every corner, Best of all no one lives below the unit. The Algiers offers an impressive list of amenities, including doorman service, a fitness room, private children’s playground, landscaped garden and patio, laundry facilities, storage, and on-site parking (waitlisted). As a sponsor unit, there’s no board approval required, ensuring a quicker, smoother purchasing process. Perfectly located nearby places of worship, shops, restaurants, parks, and top-rated schools. Nearby access to public transportation, including the Bx7, Bx10, and BxM2 buses, the #1 train, and Metro-North. For drivers, you're right in front of the Henry Hudson Parkway and just minutes from the Major Deegan Expressway. Don’t miss this exciting opportunity to own a turnkey home in one of Riverdale’s most sought-after locations!
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:
$499,999
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $399,999 | $399,999 | $399,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.521% | 6.304% | 5.648% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,334 | $2,430 | $3,242 |
| Total Monthly Payment | $2,409 | $2,505 | $3,317 |
* 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.