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Experience luxurious penthouse living in an elegant boutique brownstone at 506 East 119th Street. This mint-condition, exceptional 3-bedroom condominium (currently configured as 2BR) features a versatile layout perfectly suited to your lifestyle. Impressive proportions include soaring 11-foot ceilings, dramatic 9-foot doorways, and charming original exposed brick walls. Oversized windows frame protected northern and southern views, bathing the home in abundant natural light.
The thoughtfully designed open kitchen features sleek granite countertops, and modern conveniences include central air conditioning and an in-unit washer/dryer.
A unique opportunity exists to connect a private 1, 000-square-foot roof deck, providing an exceptional outdoor retreat and substantial added value potential (see alternative floor plan; subject to approval). The apartment also includes a large private storage unit and bike storage.
With remarkably low carrying costs, this property represents outstanding value in the New York condo market.
Ideally located moments from East River Plaza-featuring Costco, Target, Best Buy, and more-the home offers unparalleled convenience. The nearby 6 train at 116th Street provides swift access to Midtown Manhattan, while the finest dining, shopping, and lifestyle destinations of the Upper East Side are just minutes away.
Current assessment of $1, 000 monthly through September 2026
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$895,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $716,000 | $716,000 | $716,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.000% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.048% | 5.858% | 5.681% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,844 | $4,178 | $5,850 |
| Total Monthly Payment | $3,936 | $4,270 | $5,942 |
* 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.