|
|
Exceptionally Low Monthlies! J-51 Tax abatement until 2035! Freshly painted, restored and brand new W/D!
Welcome to residence 2E, a spacious and well proportioned, 1 Bedroom, 1 Bathroom gem at The Morningside Parc, one of South Harlem's most sought after Condo buildings. This rare, pre-war unit would not only make a fantastic full time residence, but a lucrative opportunity for the long-term investor.
This bright corner unit boasts high ceilings and dual eastern and southern exposures, filling the home with natural light throughout the day. The layout is anchored by a generous living and dining area, offering excellent separation of space and a natural flow for entertaining. The generous, windowed kitchen features full size appliances and extensive cabinet space - with plenty of room for more.
The king size bedroom overlooks the building's verdant and tranquil courtyard via two east facing windows, providing ample morning light.
The home boasts an in-unit washer/dryer, ample closet space, windowed bathroom, wood floors, and a private 5X7 storage locker - included with the apartment!
Perfectly situated across from Morningside Park and just minutes from Columbia University, this home places you in the heart of one of Manhattan's most vibrant neighborhoods. Within just a few blocks you'll find gourmet grocery stores, acclaimed restaurants, cozy cafés, and lively nightlife along Frederick Douglass Boulevard. Central Park is a short stroll away, and multiple subway lines offer an easy commute anywhere in the city.
Residents enjoy a live-in superintendent, Bike Room, Elevator, well- manicured private courtyard.
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.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:
$599,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.132% | 5.396% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,646 | $2,870 | $3,821 |
| Total Monthly Payment | $2,738 | $2,962 | $3,913 |
* 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.