New York (East Harlem), NY, 10029 | $1,000,000
Welcome to #2E, one of the largest units located in the Magnolia Mansions Lofts. This TriBeCa type loft in East Harlem boasts 15ft high ceilings rarely found in NYC. This 1, 700 sq ft unit is the perfect place not just to call home but as a growing investment.
Walking into the foyer, you are greeted with an airy grand living room (20’ X29’) with 4 large windows, a windowed kitchen (and with some TLC and a great contractor this kitchen be a chef’s dream), a full size bathroom and 4th bedroom. The open concept kitchen creates the perfect environment for entertainment.
Making your way upstairs you have an opportunity to really take in the grand feeling of this home. You have 3 spacious bedrooms that all can easily accommodate queen sized beds. The washer and dryer have hookups upstairs as well, making doing laundry extremely convenient, in the second full bathroom.
Magnolia Mansion Lofts was converted to a condominium complex in 1987 after being built as a school. The building kept the charm of the school while modernizing the building making it one of the most unique buildings in the neighborhood. Magnolia Mansions Lofts offers a full time super, video intercom system, rooftop access and a shared courtyard. Escape to the spacious courtyard that offers picnic style tables and barbecue grills. The building offers strong financials. With so many cookie cutter type condos out there, this gem is a unique find.
Pictures are virtually staged and renovated
Features
- Town: New York
- Cooling: Wall Unit(s)
- Levels: 6
- Rooms: 6
- Bedrooms: 4
- Baths: 2 full
- Laundry: Building Washer Dryer Install Allowed,In Unit
- Year Built: 1889
- Common Charge: $1,627 Monthly
- Approx Sq. Feet: 1,700
- Est. Taxes: $8,352
- Pet Policy: Building Cats OK,Cats OK
- Appliances: Dryer,Washer
- MLS#: RLS11030263
- Days on Market: 383 days
- Website: https://www.raveis.com
/prop/RLS11030263/309e108thstreet_newyork_ny?source=qrflyer
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 City Connections Realty Inc Phone: (212) 627-7800
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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
- Offers you pre-approval in minutes!
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860.690.5052
Robert.Reade@raveis.com
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
New York (East Harlem), NY, 10029
$1,000,000
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 | $800,000 | $800,000 | $800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.663% | 6.764% | 6.309% |
| Monthly Tax Payment | $696 | $696 | $696 |
| H/O Insurance Payment | TBD | TBD | TBD |
| Initial Principal & Interest Pmt | $4,605 | $5,122 | $6,805 |
| Total Monthly Payment | $5,393 | $5,818 | $7,501 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535