55 Tiemann Place, #38, New York (Morningside Heights), NY, 10027 | $599,000

Bright & Spacious 2BR Sponsor Unit for Sale in Prime Morningside Heights — Elevator & Laundry

SPONSOR UNIT- NO BOARD APPROVAL

1st Available Sponsor Units in the building in 25 years!

Discover exceptional value and timeless pre-war charm in this bright and spacious sponsor unit—no board approval required—perfectly positioned in a well-maintained elevator building in the heart of Morningside Heights.

Flooded with natural light throughout the day, this beautifully proportioned two-bedroom home offers an airy, comfortable layout with generous room sizes and classic details. The large separate kitchen provides excellent counter and cabinet space, ideal for home cooks or anyone seeking a true, functional kitchen rarely found in the neighborhood. Both bedrooms easily accommodate full furniture sets, offering wonderful flexibility for sleeping, working, or creating a private sanctuary.

Warm hardwood floors run throughout, enhancing the home’s inviting and elegant feel. The building offers the everyday convenience of elevator access and a central laundry room, ensuring a seamless living experience.

As a sponsor sale, buyers benefit from a smoother, faster purchase process with no board package or interview—an exceptional opportunity to secure a home in a prime uptown location without the usual co-op hurdles.

Situated moments from Columbia University, Riverside Park, Morningside Park, beloved local cafés, grocery stores, and excellent dining options, this home puts you in the center of one of Manhattan’s most desirable and vibrant residential pockets. Multiple subway lines are nearby, making your commute and city exploration effortless.

If you're seeking light, space, character, and a streamlined path to ownership, this Morningside Heights sponsor unit checks every box.

Schedule your private viewing today.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Laundry Room; Common Storage;
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Year Built: 1926
  • Pet Policy: Pets Allowed
  • Building Access : Elevator
  • Service Level: Virtual Doorman
  • OLR#: 2159187
  • Days on Market: 168 days
  • Website: https://www.raveis.com
    /prop/2159187/55tiemannplace_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 City Skyline Rentals

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
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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
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

55 Tiemann Place, #38, New York (Morningside Heights), NY, 10027

$599,000

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 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** 6.000% 6.375% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.374% 6.524% 5.933%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,873 $2,990 $3,979
Total Monthly Payment $2,965 $3,082 $4,071

* 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.