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An exquisite architectural gem awaits you in the coveted Harlem Mount Morris Park Historic District! This 4-unit landmarked brownstone, built circa 1900, is an absolute stunner with 4 Stories. This turnkey Renaissance Revival gem measures 20’x70’ with extensions in the front and back on all floors, Other highlights of this truly incredible property are a lovely patio and lush garden. With this highly distinctive and unique offering you have so many possibilities! It’s perfect for the owner occupier who wants to live in the wonderful duplex and enjoy its elegant living space, while renting out the other 3 units to generate substantial income. Or the investor can rent out all 4 apartments and maximize monthly return. This impeccably-restored beauty is brimming with original details and enriched by extensive exposed brick, gleaming hardwood floors, phenomenal woodwork, millwork, moldings and trim, and striking fireplaces with intricate custom-crafted mantles. Each residence enjoys a gracious layout, high-end finishes, and an inpouring of natural light all day long from oversized windows. Unit 1 is a gorgeous 2, 530 square foot duplex occupying the building’s ground and first levels. It features 2 well-proportioned bedrooms and 2. 5 baths, with sleeping quarters on the lower level and fabulous entertaining space on the upper floor with very high ceiling. Both floors access the spacious rear private patio and landscaped garden where you can relax, entertain and dine alfresco. Level 2 presents a charming balcony off the kitchen area with stairs down to the tranquil patio/backyard oasis. Duplex delivered vacant. Unit 2 is a 571 square foot studio apartment with a full bath and open kitchen. Unit 3 is a 662 square foot 1 bedroom 1 bathroom, and Unit 4 is a 1-2 bedroom floor-through occupying 1, 130 square feet with a large open living room and kitchen, and generous bedroom that can be converted into 2. Each unit are individually metered with individual furnaces and central A/C in all unit. Fully-equipped kitchens are well-equipped with a full-size refrigerator, stove, dishwasher, microwave oven and washer and dryer. Topping the allure is the premier location near Mount Morris Park, Central Park and several more, major service area with shops and restaurants, the 2/3 subway lines, bus and other attraction
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:
$3,500,000
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 | $2,800,000 | $2,800,000 | $2,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $753 | $753 | $753 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,898 | $17,013 | $23,628 |
| Total Monthly Payment | $16,776 | $17,891 | $24,506 |
* 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.