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Financing-friendly and move-in ready, this residence allows up to 90% financing, requiring just 10% down, making ownership more accessible than ever. Set on a picturesque, tree-lined street, this two-bedroom, two-bath home offers generous proportions and exceptional natural light throughout. The expansive living and dining area is ideal for hosting or relaxing, seamlessly connected to an open-concept kitchen designed for both style and function. A full wall of oversized windows with southern exposure fills the home with sunlight all day long. The kitchen features a granite breakfast bar, stainless steel appliances including a dishwasher and microwave, and warm wood cabinetry that adds character and storage. The primary suite is spacious and serene, complete with open views, a large walk-in closet, and a well-appointed en-suite bath. The second bedroom is equally well-size perfect for guests, a home office, or creative space. Ample closet storage can be found throughout the apartment. Located in East Harlem, one of Manhattan’s fastest-growing neighborhoods, the building, The Palm, built in 2006—offers a full suite of amenities including a complimentary fitness center, landscaped courtyard, parking, laundry facilities, video security, wheelchair accessibility, and a live-in superintendent. Convenience is unmatched, with East River Plaza nearby, home to major retailers such as Costco, Target, Best Buy, Home Depot, and Marshalls. Excellent transportation options are just steps away, including the #6 subway, Metro-North, and multiple bus lines, making commuting effortless.
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.
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Our Executive Mortgage Banker:
$599,999
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 | $479,999 | $479,999 | $479,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.625% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.609% | 6.887% | 6.078% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,955 | $3,073 | $4,018 |
| Total Monthly Payment | $3,047 | $3,165 | $4,110 |
* 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.