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Presented by![]() Kevin Barnes - Vermont Properties Team |
Welcome to Unit 218 at 1901 Madison Avenue, your perfect retreat in vibrant East Harlem!
This delightful coop is situated on the second floor of a charming post-war low-rise building, offering a harmonious blend of comfort and city lifestyle.
Step inside to discover a beautifully maintained two-bedroom, one-bathroom home featuring that's both functional and inviting.
The spacious living area is designed to accommodate both cozy evenings and gatherings, with a kitchen ready to whip up delightful meals.
The unit is in excellent condition, showcasing stunning city garden, park, and street views, a great way to enjoy the scenic surroundings from the comfort of your home.
Beyond the residence, the building boasts incredible amenities, including a full-time doorman offering added convenience, peace of mind, and a welcoming private courtyard for all residentes. A gym (currently closed), bike room, elevator, parking garage is a valuable feature for those with vehicles.
The location is truly unbeatable with close proximity to various transportation options, making it a breeze to explore the rest of the city.
Right accross, Marcus Garvey Park offers a plethora of activities with its basketball courts, seasonal swimming pool, playgrounds, and an amphitheater. Whether you're enjoying a refreshing day outdoors or attending a concert at the park, there's always something happening.
The building pet policy are not dogs.
There is a income restriction and for 2024;
Households of 1 to 2 people $186, 360 120% AMI
Households of 3 plus people - $217, 420 140% AMI
Akam manages the property well and has a manager office in the property.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$385,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 802.558.0479
Kevin.Barnes@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.415.2989
Brian.Skelly@raveis.com
NMLS Mortgage Loan Originator ID 793093
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $308,000 | $308,000 | $308,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,922 | $2,023 | $2,578 |
Total Monthly Payment | $1,997 | $2,098 | $2,653 |
* 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.