The Paul Rudolph Townhouse at 23 Beekman Place presents a rare trifecta of iconic design, breathtaking views and a coveted address. Originally built in 1867 as a single family home in a row of elegant townhouses, the townhouse was purchased by the architect Paul Rudolph in 1976. Widely regarded as one of the most influential architects of the 20th Century, Rudolph was Chair of Yale University's School of Architecture in the 1960's. Through commissions such as the designer Halston's townhouse on East 63rd Street, Rudolph Hall at Yale University and numerous large scale projects both in the U. S. and abroad, Rudolph was a leading proponent of the Modernist movement. Soon after acquiring 23 Beekman Place, Rudolph embarked on a multi-year renovation of the five original floors of the townhouse and added a spectacular four-level penthouse. The penthouse became Rudolph's primary residence and "design laboratory"; it is one of the most extraordinary residences in New York City and represents the culmination of Rudolph's thinking about architecture and interior design. With its 4 levels and 5 private terraces, the penthouse literally cantilevers over Beekman Place, affording breathtaking river views. There are 3 bedrooms, 3 bathrooms, a wood-burning fireplace and a chef's kitchen including a Gaggenau six burner stove, a Bosch dishwasher and two Subzero refrigerators. The current owners retained the architects Jared Della Valle and Andrew Bernheimer to update the penthouse in a manner consistent with Rudolph's vision, an effort which was awarded by the prestigious American Institute of Architecture.
The five floors beneath the penthouse, which are accessed via elevator, are comprised of 3 private residences, each of which retains the hallmarks of Rudolph's signature style. The ground floor apartment is a duplex comprised of 2 bedrooms and 2 1/2 bathrooms and boasting a garden. The two apartments above this are also duplexes, each comprised of 2 bedrooms and 2 bathrooms and featuring full height windows with terraces looking onto the East River.
The Paul Rudolph Townhouse presents several attractive possibilities: maintaining the current 4 residence configuration, living in the penthouse and keeping the lower floors as separate apartments or converting the entire building to a magnificent and uniquely iconic single family residence.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $14,800,000 | $14,800,000 | $14,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $82,876 | $91,126 | $122,901 |
Total Monthly Payment | $83,001 | $91,251 | $123,026 |
* 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.