506 East 119th Street, #PH, New York (East Harlem), NY, 10035 | $895,000

 

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

 

Features

  • Town: New York
  • Cooling: Central
  • Levels: 4
  • Amenities: Bike Room; Garden; Roof Deck; Private Storage;
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: None
  • Year Built: 1900
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • OLR#: RPLU5123401419
  • Days on Market: 278 days
  • Website: https://www.raveis.com
    /prop/RPLU5123401419/506east119thstreet_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.
Listing courtesy of Douglas Elliman Real Estate

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@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
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Ryan FortierInsurance Sales Director, William Raveis Insurance

516.739.7731

Ryan.Fortier@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
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506 East 119th Street, #PH, New York (East Harlem), NY, 10035

$895,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
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.