37 West 70th Street, New York (Upper West Side), NY, 10023 | $13,500,000

37 West 70th Street is a distinguished 20’ wide single family brownstone, rich in well-preserved historic detail, a half block west of Central Park. Imbued with a timeless allure and outfitted with modern amenities, this residence stands as a testament to enduring elegance and impeccable craftsmanship. Originally built 1891 by Gilbert Schellenger, No. 37 has been lovingly maintained as an exemplary model of late 19th century Renaissance Revival architecture. Notably, the house was previously owned by Perry Ellis, the American fashion designer, who purchased the home in 1982. Under his direction, the house underwent a thorough and thoughtful restoration that included installing salvaged Art Deco bathroom fixtures from the fabulous Savoy Hotel in London and adding the remarkable, floor-to-ceiling French doors on the parlor level overlooking 70th street– A detail unique to No. 37. In 1987, it was purchased by Jann & Jane Wenner, the founders of Rolling Stone Magazine. The Wenner family embarked on further renovations, guided by Ward Bennett, who helped bring the home into the 21st century. During their tenure, the UWS – CPW Historic District was approved and the area has been Landmarked since 1990. Many original elements of this home remain untouched beyond restoration, including much of the wood paneling/ wainscoting, inlaid parquet floors, plantation shutters, and the timeless stained glass skylight above the stairwell. Contemporary upgrades have included updating the electric throughout, installing central air and implementing a modern video alarm system (among others). DOB & Landmarks approved plans have been filed to add an elevator and a roof deck. Cellar Floor: Below-grade, a full cellar houses the home’s utility/ mechanical room, laundry room, cedar closet, storage and climate-controlled wine storage. Garden Floor: Level with the front garden, the entrance below the front stoop opens to a sizable vestibule with adjacent street-facing storage. To the south is the first of seven bedrooms, complete with wood burning fireplace and ensuite bath. To the rear is a French country-inspired eat-in kitchen, outfitted with an eight burner Viking range, stainless steel Sub-Zero refrigerator, dual sink center island, and a brick wood-burning fireplace. Off the kitchen is a powder room, a convenient butlers pantry and a charming breakfast room with casement windows that open up to the private, landscaped backyard. Parlor Floor: At stoop-level is a handsome, wood-paneled vestibule with a coffered ceiling that introduces visitors to the many original details of this historic home. In the front parlor are the unique floor-to-ceiling french doors of Perry Ellis’s vision, complete with Juliet balconies, offering terrific southern light. Through the wet bar and original pocket doors is the rear parlor, spanning the entire 20’ width of the house. Each room boasts a fireplace adorned with French limestone mantelpieces, 11’8” ceilings and original inlaid parquet floors. Off the rear parlor is an intimate study, enveloped by floor-to-ceiling French doors overlooking the garden. Primary Floor: Above the parlor floor, is the full-floor primary suite. This luxurious retreat comprises a sunlit sitting room overlooking tree-lined 70th street, dual dressing rooms, convenient kitchenette, a generous bedroom with garden views and an opulent ensuite five fixture bathroom from the Savoy Hotel. Both main rooms span the full-width of the residence and have original inlaid parquet floors, wood-burning fireplaces and 10’6” ceilings. Floors 4 & 5: The fourth floor is laid out with three additional bedrooms (one with a garden-facing terrace) that share another Art Deco full bathroom. The fifth floor comprises the final two bedrooms (one with a fireplace), a shared bathroom with a sauna, and an additional washer / dryer. This is a Co-Exclusive listing with Adam Widener of Douglas Elliman

Features

  • Town: New York
  • Amenities: Alarm System; Sauna; Laundry Room; Wine Cellar;
  • Rooms: 13
  • Laundry: SeeRemarks
  • Year Built: 1891
  • Cooling: Central
  • Terrace : Yes
  • Patio: Yes
  • Building Access : Elevator
  • Service Level: None
  • Built Size: 20'x60'
  • OLR#: COMP1582203925452514
  • Days on Market: 197 days
  • Website: https://www.raveis.com
    /eprop/COMP1582203925452514/37west70thstreet_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 Compass

William Raveis Family of Services

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.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@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!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

37 West 70th Street, New York (Upper West Side), NY, 10023

$13,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $10,800,000 $10,800,000 $10,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $62,171 $68,263 $91,137
Total Monthly Payment $62,296 $68,388 $91,262

* 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.