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Convertible 3-Bedroom HDFC Co-op With Renovated Interiors and Flexible Layout
Welcome to this thoughtfully renovated and highly flexible convertible 3-bedroom home, offering the perfect blend of functionality, charm, and modern comfort. Currently configured with two bedrooms and the option to easily create a third bedroom on the opposite end of the apartment, this versatile layout adapts beautifully to a variety of lifestyles, whether you need additional sleeping quarters, home offices, creative studios, or guest space.
As you enter the apartment, you are welcomed by two separate rooms positioned near the entrance, divided by a renovated windowed bathroom with contemporary finishes and a clean modern aesthetic. These rooms can function as bedrooms, offices, nursery space, or a combination of both, offering exceptional flexibility for today’s evolving living needs.
Beyond the entry hallway, the apartment opens into a spacious open-concept kitchen and living area that serves as the heart of the home. The renovated kitchen features generous cabinetry, expansive stone counter space, a dishwasher, and a breakfast bar that flows seamlessly into the living and dining area, creating an inviting environment for everyday living, entertaining, or working from home. Sliding barn doors provide the opportunity to further define the space and create an additional bedroom while still maintaining comfortable common living areas.
Highlights include:
• Renovated kitchen and bathroom
• Dishwasher
• Flexible convertible layout
• Excellent separation of space
• Multiple windows throughout
• Beautiful decorative details and high ceilings
• Move-in ready condition
• Proximity to transportation?
This is an HDFC cooperative with 120% AMI income restrictions. Maximum allowable household income is as follows:
• 1 person: $142, 560
• 2 people: $162, 840
• 3 people: $183, 240
• 4 people: $203, 520
• 5 people: $219, 840
• 6 people: $236, 160
• 7 people: $252, 480
• 8 people: $268, 680?
Financing up to 80% is permitted. Please note there is a 30% flip tax on profit paid by the seller.
Located in the vibrant southern section of Washington Heights near the Hamilton Heights corridor, 1993 Amsterdam Avenue offers convenient access to local restaurants, parks, and multiple transportation options, including the C train at both the 155th Street and 163rd Street stations, as well as the 1 train at the 157th Street station. A rare opportunity to own a flexible and thoughtfully updated home with strong value in one of Upper Manhattan’s most dynamic and evolving residential communities.
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.
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Our Executive Mortgage Banker:
$350,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $280,000 | $280,000 | $280,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,677 | $1,747 | $2,306 |
| Total Monthly Payment | $1,752 | $1,822 | $2,381 |
* 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.