New York (East Harlem), NY, 10029 | $2,195,000

Turnkey Multi-Family Gem With Private Parking! This impeccably maintained three family home offers an ideal blend of modern convenience and strong investment income. With an expansive 21' x 46' footprint, each floor provides generous interior space, featuring comfortable living areas and well-proportioned rooms throughout. Currently configured as a two-unit home, this property is in excellent, move-in ready condition - perfect for an owner-occupant seeking strong rental income or an investor looking for a high quality asset. All units are free-market with the lower and third floors occupied, the duplex is currently vacant. The building features recently installed Andersen energy efficient windows, new roofing and new siding. All rooms are internet-ready for wired and wireless communication. The house also has rear, front, and rooftop security cameras. Each unit enjoys northern and bright southern exposures, hardwood floors, and a video intercom. Units are separately metered for electric and cooking gas. Apartment configurations are as follows: - Owner's Duplex: A sizable four bedroom, two bath layout with ample square footage, separate home office, central air conditioning, in-unit washer, and vented dryer, and ample closet space. - Upper Unit: Bright and spacious 3 bedroom, 1 bath home. This unit is central air-conditioning ready. - Basement: Fully finished with an egress window, housing mechanicals and offering additional space for storage or other uses. The paved garden is accessible from both levels of the duplex, creating a seamless indoor-outdoor living space. Beyond the garden gate, you'll find two dedicated off street parking spaces for personal use or additional rental income. There is an annual HOA fee of $513 for upkeep and maintenance of the HOA parking lot. Conveniently located near the 110th Street/Lexington Avenue subway station, the property also benefits from proximity to the planned Q train expansion, including a future station at 106th Street with an entrance planned for 108th Street and Second Avenue.

Features

  • Town: New York
  • Levels: 3
  • Rooms: 12
  • Bedrooms: 7
  • Baths: 4 full
  • Lot Size: 21.920000x100.920000
  • Laundry: Common On Floor,Common Area,In Unit
  • Year Built: 1996
  • Approx Sq. Feet: 2,898
  • Est. Taxes: $12,096
  • Pet Policy: Building No,No
  • MLS#: RLS20082085
  • Days on Market: 131 days
  • Website: https://www.raveis.com
    /prop/RLS20082085/231e110thstreet_newyork_ny?source=qrflyer
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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 Compass   Phone: (212) 913-9058

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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
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New York (East Harlem), NY, 10029

$2,195,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,756,000 $1,756,000 $1,756,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.121% 6.183%
Monthly Tax Payment $1,008 $1,008 $1,008
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,970 $10,528 $14,818
Total Monthly Payment $11,103 $11,661 $15,951

* 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.