Central Park Block Beauty! Make this 20-foot wide brownstone your new home by converting the lower 3 floors into a stunning owner’s triplex with 2 income-producing units on the upper floors, or leave in the existing configuration with 6 separate rental units. This large, multi-family townhouse is 20-feet by 72-feet with 5-floors and cellar, on a 20’ x 101’ lot. With an impeccably preserved turn-of-the-century façade, this special home has been lovingly maintained and updated with sleek, contemporary finishes perfectly blended with original and repurposed architectural details. All renovated units have been fully updated with their own HVAC units, washer and dryer, and have been gut-renovated with new kitchens, bathrooms, hardwood floors, recessed and other modern lighting, and other thoughtfully chosen fixtures and special details throughout. Unit 1/Garden: This renovated, 1- bedroom, 1. 5 bath floor-through apartment has a private access through the garden level entrance and has a unique sunroom and exclusive use of the south-facing garden. This luxurious home will pamper you with private spa-like amenities including your sauna and steam shower. Unit 2/Parlor Floor – This renovated 2-bedroom 2-bathroom floor-through unit features exposed brick, dual shower heads and temperature controls in spa-like primary bathroom, and eco-friendly, ventless fuel fireplace. Unit 3/4F – Renovated, over-sized 1-bedroom 1. 5-bath duplex unit is located on the 3rd and 4th floors with northern exposures from the front of the building facing onto 89th Street. With sleek industrial-style renovation, an internal staircase leads from the open living room and kitchen up to the king-sized bedroom suite with impressive storage, full bathroom and washer and dryer. This unique unit boasts a beautifully preserved original fireplace mantel and mirror in the living room. Unit 3R – Vacant, rent stabilized 3rd floor unit (originally 1-bedroom 1-bathroom) facing the rear of the building that has already been gutted and is raw space that could be utilized to an end user for their own purposes as a guest suite, home gym or multiple other purposes, or could remain a rental unit. Unit 4R- Occupied unrenovated studio apartment on the 4th floor apartment facing the rear of the building. Unit 5- Vacant, newly renovated floor-through, 1-bedroom, 1-bath plus flexible upper mezzanine loft and multi-level private roof terraces, including one outfitted with a hot tub! This is an enormous, impeccably renovated, one-of-a-kind apartment with sleek industrial-style kitchen and open layout and an urban outdoor oasis.
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Our Executive Mortgage Banker:
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$6,999,999
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 | $5,599,999 | $5,599,999 | $5,599,999 |
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 | $31,358 | $34,480 | $46,503 |
Total Monthly Payment | $31,483 | $34,605 | $46,628 |
* 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.