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Ray is more than a building. It's a place. Anchoring the historic intersection of 125th Street and Fifth Avenue in the heart of Harlem, Ray Harlem combines modern living with hospitality flourishes, offering apartments designed to optimize light and expansive views of lower Manhattan. Designed by award-winning Frida Escobedo in collaboration with Handel Architects, Ray Harlem comprises 15 stories atop 27, 000 square feet of space owned and operated by the National Black Theater (NBT). From the studios to the two-bedrooms, every apartment at Ray Harlem is thoughtfully designed, including: Quartz Countertops Blonde Oak Floors Oversized Windows Washer / Dryers Nest Smart Thermostat Pet Friendly Custom Resident App At Ray Harlem, stunning apartments sit atop community amenity spaces with a point of view: 24/7 Attended Lobby Living Room Fitness Studio Yoga Studio Coworking w/ Private Workspace Library, curated by Phaidon Press Multiple Outdoor Spaces, including the Park Terrace, Courtyard, and Rooftop Terrace with Outdoor Grilling Stations Rooftop Lounge Communal Kitchen Ray x Tulu Smart Vending Machine Centrally located in Harlem just one block north of Marcus Garvey Park, our connectivity is unmatched, with major subway lines just steps away: 2, 3, 4, 5, & 6. Additionally, the Metro North 125th station provides easy access to the Hudson, Harlem & New Haven lines. Ray Harlem offers an array of unique events, encouraging residents to engage with each other through arts & culture experiences. Ray and the National Black Theatre (NBT) are partners in the redevelopment of the site that has been home to NBT since its founding in 1968. Designed by Marvel Architects, NBT’s spaces consist of a 250-seat immersive technology performance space, a 99-seat flexible studio theater, rehearsal rooms, offices, classrooms, and a set-building shop to support workforce development in theatrical trades. Schedule your tour today to experience life at Ray Harlem. *Photos and renderings are representative and may not reflect the exact apartment.
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:
$3,540
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,832 | $2,832 | $2,832 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $18 | $19 | $24 |
Total Monthly Payment | $93 | $94 | $99 |
* 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.