25 WIDE MANSION ON THE BEST BLOCK ON THE UPPER WEST SIDE This is a once in a lifetime opportunity to own a grand and stunning mansion in a highly coveted location, on a prime park block that is home to the Upper West Sides finest townhomes. The magnificent French Renaissance style facade is in excellent condition, and the interior walls have been mostly removed, highlighting the incredible proportions of the original mansion. At 25 wide, 6 above grade floors, and with ceilings up to 14 tall, this sun-filled townhome is perfect for entertaining or living. The parlor floor is large enough to accommodate a grand living room, dining room and spacious kitchen all on one floor. The 1075 SF roof deck features panoramic views in all directions of wide open sky, the New York Historical Society, the San Remo, and a side view of Central Park. Originally built in 1898 and designed by the architecture firm Cleverdon & Putzel, this townhome requires renovation and is priced accordingly. After a decade long search, the townhome was purchased by a prominent family with a renowned art collection for use as a private gallery. The stunning and spacious townhome could easily serve as a home for a school, foundation, or institution. A stone throw away from Central Park and one block from the Museum of Natural History, this townhome is in the heart of the best of Upper West Side dining, cafes and shopping. Please note fully DOB approved plans are available by Zivkovic Connolly Architects. Renderings shown for representational purposes only.
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$11,450,000
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 | $9,160,000 | $9,160,000 | $9,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $11,041 | $11,041 | $11,041 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $52,009 | $56,400 | $76,066 |
Total Monthly Payment | $63,175 | $67,566 | $87,232 |
* 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.