|
|
Rising five full stories and nineteen feet wide, 2070 Fifth Avenue is a substantial Central Harlem townhouse offering exceptional scale, flexibility, and long-term potential. The building contains approximately 5, 200 square feet above grade and roughly 6, 324 square feet in total including a finished cellar, along with approximately 1, 400 square feet of outdoor space across the front yard, rear yard, terrace, deck, and roof. Currently configured as three residences, the property presents multiple avenues for ownership, income generation, or future single-family conversion. A fully ducted central HVAC system serves the entire building, with independent climate controls by floor and within each residence. All units include private in-home laundry and video intercom access, supporting both day-to-day comfort and operational efficiency. The owner’s triplex spans the parlor, garden, and cellar levels, creating a spacious residence that lives with the autonomy of a private home. Ceiling heights of over ten feet enhance the sense of volume across the full nineteen-foot width of the main living and dining level, while the garden floor introduces additional living space, bedroom accommodations, and direct access to the private rear yard. The finished cellar further expands functionality with a half bath and flexible recreation, office, or storage space. A full-floor two-bedroom residence occupies the third level, offering strong natural light through large front-facing windows and quieter rear-facing bedrooms. Above, the top two floors combine to form a substantial five-bedroom duplex, where full-width living areas, approximately ten-foot ceilings, exposed brick accents, and arched windows introduce both openness and architectural character. Outdoor space totaling approximately 1, 400 square feet includes multiple terraces and a shared roof with open sky views and further potential for outdoor enjoyment. Projected gross rental income is approximately $175, 000 annually based on the current configuration, with relatively low annual real estate taxes enhancing overall yield. Located in the heart of Central Harlem, 2070 Fifth Avenue is moments from Whole Foods, Sylvia’s, and Red Rooster, as well as the newly reopened Studio Museum in Harlem. Mount Morris Park, the National Black Theatre, and the historic Astor Row townhouses are all nearby, placing the property within one of Manhattan’s most vibrant residential settings.
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:
$2,400,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,920,000 | $1,920,000 | $1,920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $770 | $770 | $770 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,751 | $11,666 | $16,073 |
| Total Monthly Payment | $11,646 | $12,561 | $16,968 |
* 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.