RENOVATED 23' WIDE SINGLE FAMILY HOME WITH ELEVATOR
Owner financing available.
318 West 81st Street is a magnificent 23' wide, 6 story renovated single family home that sits on a tranquil Upper West Side block between West End Avenue and Riverside Drive. Designed by the renowned architect Clarence True, this Elizabethan Renaissance Revival house was built in 1898 along with 316-320 West 81st Street and 84-86 Riverside Drive. Lovely details pertinent to that time still remain throughout the home and are in excellent condition. With approximately 9, 000 interior square feet, 910 square feet of outdoor space and six working fireplaces, this seven bedroom home is a beautiful blend of Renaissance design with updated modern luxuries.
LAYOUT
Garden Level
As you enter the home through the attractive arched doorway, you are welcomed with an outstanding working fireplace, marble floors and a dramatic curved staircase. The eat-in chef's kitchen, equipped with a brick oven and the best appliances from Viking, Miele and Sub-Zero, opens to a charming garden with a finished floor, built in speaker system, mounted lights and polished wood walls for added privacy. The elevator runs from the garden level to the fifth floor of the home. This level also has a secondary service entrance for easy package delivery or additional storage.
Parlor Floor
The expansive living room on the parlor floor has gorgeous restored plaster details on the walls and ceiling and the adjacent dining room can seat up to eighteen people. The dining room has an adjacent butler's pantry with refrigerator, EdgeStar wine fridge, and two Miele burners making this home perfect for entertaining. The intricate original wood moldings in the dining room have been beautifully refurbished by a specialized craftsman.
Third Floor
The third floor is dedicated to the primary suite. This includes the 21' x 20' bedroom, two walk-in closets and an impressive bathroom. The bathroom has two marble vanities, a large rain shower and a separate stall with a Neorest automatic toilet.
Fourth Floor
The fourth floor consists of three bedrooms, one with an en-suite bathroom and an additional washer and dryer. There is a full bathroom in the hall to service the other two bedrooms.
Fifth Floor
Ascend the beautiful wooden staircase to the fifth floor where the entertainment room, wet bar and another en-suite bedroom.
Sixth Floor
The sunny sixth floor solarium opens up to the multi-level rooftop terrace. The lower level of the terrace is large enough to fit a dining table and grill, perfect for the warmer months in New York City. An iron spiral staircase to the upper level allows you to enjoy sprawling Hudson River views.
Basement
The finished basement includes an abundance of storage, a laundry room, the home's mechanicals and a modest sleeping area in the back. For added convenience, there is a dumbwaiter that services the basement, garden and parlor levels.
While the block is quiet and lined with grand homes, you are a short distance away from the heart of the Upper West Side. There are excellent shopping, dining and entertainment options nearby. For added convenience, the 1 2 3 B and C trains are a few blocks away as well as the West Side Highway.
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $8,796,000 | $8,796,000 | $8,796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $50,635 | $54,876 | $74,821 |
Total Monthly Payment | $50,760 | $55,001 | $74,946 |
* 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.