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334 East 116th Street, located in the heart of East Harlem, is a 16. 5-foot-wide townhouse that seamlessly blends preserved character with a fully renovated, turnkey interior. The property is configured as a garden triplex and an upper duplex, offering both flexibility and strong end-user or investment appeal.
The garden triplex spans three levels including a finished basement and is currently arranged with 3-4 bedrooms, 3 full baths, and 2 powder rooms. A newly completed kitchen opens directly to a private rear garden, creating an easy indoor-outdoor flow ideal for everyday living and entertaining. The lower level adds valuable flexible space for recreation, storage, or guest use.
Above, the upper duplex occupies the third and fourth floors and features four bedrooms and 3. 5 baths, with bright north and south exposures and two Juliet balconies. A private roof deck crowns the home, offering open skyline views and an ideal setting for outdoor living.
With approximately 3, 984 square feet built and an additional 1, 346 square feet of unused FAR (subject to D. O. B. approval), the property presents a compelling opportunity to further expand or customize. Surrounded by some of the neighborhood's best restaurants, parks, and convenient transportation, this townhouse offers scale, income potential, and long-term upside in one of Manhattan's most dynamic and evolving areas.
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:
$2,950,000
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 | $2,360,000 | $2,360,000 | $2,360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $875 | $875 | $875 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,400 | $14,531 | $19,915 |
| Total Monthly Payment | $14,400 | $15,531 | $20,915 |
* 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.