48-50 West 69th Street, New York (Upper West Side), NY, 10023 | $85,000,000

A property without equal: the most significant single-family townhouse ever offered for sale on the Upper West Side. Just off of Central Park, 48-50 West 69th Street is a residence that evokes a kind of scale, drama, and attention to detail not found since the Gilded Age, when palatial homes lined the neighborhood’s avenues and preceded today’s apartment buildings. Years of careful planning by Fradkin & McAlpin Architects and MDesign London has resulted in a truly extraordinary home spanning 41. 5 feet wide and 19, 600 square feet of interior space, with multiple oversized outdoor entertaining areas throughout. A post-tensioned limestone floating staircase is the architectural through-line that connects all eight levels and leads you to the home’s innumerable features. The parlor level boasts a 38-foot wide, double height living room with 24-foot ceilings and dual opposing wood-burning fireplaces, as well as a window-wrapped dining room with double-height sitting area and skylight. The garden level is anchored by an incredible indoor/outdoor health and wellness space including a 55-foot indoor lap pool, jacuzzi, fitness center and yoga space, all wrapped in full-height sliding glass walls which open to the tranquil south-facing garden, making a truly one-of-a-kind experience. The full floor primary suite measures over 2, 000 square feet with a wood burning fireplace, dual baths and dressing rooms, private study, and an expansive south-facing terrace off the bed chamber. The residence’s penthouse lounge is the sun-flooded jewel box atop the home, with a wraparound terrace boasting southern views onto Billionaire’s Row, an oversized wet bar, and an immense skylight. Multiple guest bedroom suites, staff space and ample amenity spaces are all serviced by a high-speed commercial-grade elevator. Rarely have homes of this prominence been created, and even fewer have ever become available for sale. 48-50 West 69th Street stands as the modern-day epitome of the city’s grandest historic residences, ushering in a new chapter in the story of the neighborhood’s single-family properties for one discerning purchaser.

Features

  • Town: New York
  • Amenities: Pool;
  • Rooms: 25
  • Laundry: SeeRemarks
  • Year Built: 1910
  • Cooling: Central
  • Terrace : Yes
  • Patio: Yes
  • Building Access : Elevator
  • Service Level: Video Intercom
  • OLR#: COMP1542867510795424
  • Days on Market: 609 days
  • Website: https://www.raveis.com
    /eprop/COMP1542867510795424/4850west69thstreet_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

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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48-50 West 69th Street, New York (Upper West Side), NY, 10023

$85,000,000

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 $68,000,000 $68,000,000 $68,000,000
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 $391,446 $429,806 $573,823
Total Monthly Payment $391,571 $429,931 $573,948

* 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.