Sorry, cancelled today's open house (10/28/2019). We have an accepted offer. This beautiful unit has unobstructed views of Morningside Park and the iconic Cathedral Church of Saint John the Divine from the living room. This sun-drenched unit also comes with a huge private balcony overlooking the beautiful park and peaceful Northern Manhattan views. This loft style apartment has an open kitchen with a quartz counter top, oak flooring, top-of-the-line appliances and custom cabinetry. The unit also has a washer/dryer. The windowed bathroom has modern natural-tone tiles and a soaking tub. The bedroom has a big window and faces east. One Morningside Park Condominium offers 24-hr doorman & concierge, gym, lounge, and is only half a block from the subways B & C as well a many bus lines, and 1 train nearby. This unit makes for an incredible investment with its low monthly real estate tax due to its 20-year tax abatement.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more