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Welcome home to Unit 6P, a sun-filled and spacious split two-bedroom, two-bathroom residence at 1400 Fifth Avenue. Enter into a generous living and dining area where oversized windows frame views of the city, bathing the space in natural light. The layout is designed for effortless flow, featuring a pass-through galley kitchen equipped with ample cabinetry, stainless steel appliances (including a dishwasher), and a breakfast bar that connects seamlessly to the entertaining space. The desirable split-bedroom floor plan ensures maximum privacy. The primary suite is a true retreat, easily accommodating a King-sized bed, and features a massive walk-in closet and an en-suite bathroom. Across the home, the second bedroom is equally spacious—perfect for a guest room, nursery, or home office—and is served by a second full bathroom. Additional highlights include: Central Air & Heat. Hardwood floors throughout. Incredible closet space, with deep storage in the foyer and bedrooms. The Building: 1400 Fifth Avenue is an award-winning, eco-friendly condominium known for being one of the first LEED-certified "Green" buildings in NYC. Residents enjoy low monthly costs thanks to a 421-a Tax Abatement in place until 2031. Amenities include: 24-hour doorman and concierge. Live-in Super and on-site management. A landscaped private courtyard garden. Resident lounge/community room and playroom. Laundry on every floor. Bike storage and personal storage (available for a fee/waitlist). Pet-friendly policy. The Neighborhood: Located at the corner of 116th Street and 5th Avenue, you are moments from the 2/3 express trains and the 6 train, as well as the Metro-North at 125th Street. Nature lovers will appreciate being just blocks from the northern expanse of Central Park (the Harlem Meer and Conservatory Garden) and Marcus Garvey Park. You are surrounded by Harlem’s best dining and shopping, including Whole Foods, Sugar Hill Creamery, and the vibrant restaurant row on Lenox Avenue. Important Notes: Occupancy: The unit is currently tenant-occupied with a lease expiring on May 31st. Flip Tax: 3% of the gross sales price (payable by the buyer).
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.
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Our Executive Mortgage Banker:
$849,000
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 | $679,200 | $679,200 | $679,200 |
| 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 | $1,350 | $1,350 | $1,350 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,803 | $4,127 | $5,686 |
| Total Monthly Payment | $5,245 | $5,569 | $7,128 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.