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Open House Sunday 3/9 from 1-2pm! Welcome to this fully renovated, high-ceilinged two bedroom, two bathroom home with a DEEDED PRIVATE PARKING SPACE AVAILABLE and tax abatement in one of vibrant South Harlem’s most sought after condominium buildings. A newly-renovated chef’s kitchen is complete with stainless steel appliances including brand new range and dishwasher, custom cabinetry and lighting opens to a well-sized living and dining room featuring 12’ ceilings and custom lighting. The primary suite boasts a custom walk-in closet + additional double-door closet and marble en-suite bathroom with a new glass-enclosed, walk-in shower. The second bedroom provides space for a king-sized bed and other furniture and two large, fully-customized closets and an additional marble bathroom is complete with a brand new bathtub and vanity. An entryway closet and Brazilian cherry hardwood floors round out this lovely property and 12’ ceilings and southern exposure from every room provide ample natural light. The property is one of the few units in the building that offers a deeded private parking space available as well. The Rosa Parks Condominium is a highly respected building in the heart of Harlem’s “Restaurant Row”. The building has a 421-A tax abatement through 2029 and features 24-hour doorman, live-in resident manager and maintenance professional, fitness center, rooftop terrace, furnished courtyard, laundry room, in-building garage, private storage, bike storage, elegant recently-renovated lobby, and garage. Vibrant, dynamic South Harlem is steeped in culture and brimming with unique dining and entertainment including Melba’s, Levain Bakery, Vinateria, BLVD Bistro, Double Dutch Espresso, Minton’s Playhouse, Row House, La Diagonal Agaveria, Juke Box Juice, B, Angel of Harlem, Vintage Wine Store, Lido, and the list goes on. The building is in very close proximity to both Morningside Park and Central Park as well as Columbia University and all that Morningside Heights has to offer. The shopping district along 125th Street features Trader Joe’s, Target, and Whole Foods, and and Natural Wellness Essentials is just down the block. Abundant transportation options include B and C trains at 116th Street, A and D trains at 125th Street, and numerous bus lines (M2, M3, M4, M7, M10, M116).
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Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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Loan Amount | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
Monthly Tax Payment | $7 | $7 | $7 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,975 | $4,482 | $5,907 |
Total Monthly Payment | $4,074 | $4,581 | $6,006 |
* 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.