560 Grand Avenue, Newburgh, NY, 12550 | $2,900,000

Offering a unique opportunity to own a piece of architectural history, "The Rest, " a High Victorian Gothic-style home that sits majestically on the western banks of the Hudson River in the Balmville hamlet of Newburgh. Built for Daniel Bennett St. John, one of the founders of The New York Times, this home was crafted by the renowned architect Frederick Clarke Withers, a leader of the American Gothic Revival movement in America and protege of Andrew Jackson Downing. Exceptional craftsmanship, amazing river views, and meticulous attention to detail throughout define this gorgeous three-level home featuring intricately carved wood moldings, soaring 11+ foot ceilings, floor to ceiling windows, and rich hardwood surfaces. It is currently being used as a five-bedroom home but could easily live as an eight-bedroom, and offers large spacious rooms, an open and seamless layout and 4. 5 bathrooms. One of the most breathtaking features is the Tiffany-style stained glass window, a true masterpiece that transforms with the changing light throughout the day, casting vibrant displays of color and creating a living work of art. There were six original fireplaces, five of which had been converted to coal, but the beautiful custom carved marble mantles remain intact. The library's wood-burning fireplace is still functioning and features a finely carved wood mantel. There is also a skylight spanning from a cupola above to the third and second floor, providing light into both levels. The house provides ample space for extended family, an au pair, or dedicated quest quarters. The exterior is adorned with elaborate Gothic details that mirror the home's stunning interior. As an apprentice of Andrew Jackson Downing, and a partner of Calvert Vaux, it is apparent that Withers applied their philosophies of integrating architecture and nature when determining the position of this home, strategically complementing the picturesque Hudson River landscape and view. A stunning bluestone veranda stretches along the river-facing side of the house, offering breathtaking views and serving as an extension of the indoor living space. Other quality features include an updated chef's kitchen with a stunning reclaimed wide-plank wood flooring that extends into the family room, a convenient butlers pantry, updated bathrooms, screened in porch overlooking the pool area, 18'x36' in ground concrete pool with brand new pump, beautiful landscaping, and blacktop circular driveway. Ideally located just 64 miles from Manhattan and only 6 miles from the Beacon Metro North Train Station. Also, minutes to local restaurants, shops, hiking, walking trails, the Powelton Country Club, and major highways. See floor plan and 3D walk-through tour.

Features

  • Rooms: 18
  • Bedrooms: 5
  • Baths: 4 full / 1 half
  • Style: Estate
  • Year Built: 1856
  • Heating: Oil, Baseboard, Heat Pump, Steam
  • Cooling: Central Air, Ductless
  • Basement: Bilco Door(s), Unfinished
  • Approx Sq. Feet: 7,200
  • Acreage: 2.2
  • Est. Taxes: $24,289
  • Lot Desc: Historic District, Level, Near Public Transit, Private
  • View: Mountain(s), Panoramic, River, Water
  • Water Front: Yes
  • Elem. School: Magnet Sch of Math Science & Design
  • High School: Newburgh Free Academy
  • School District: Newburgh
  • Pool: In Ground
  • Appliances: Stainless Steel Appliance(s)
  • MLS#: H6328928
  • Days on Market: 53 days
  • Website: https://www.raveis.com
    /eprop/H6328928/560grandavenue_newburgh_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of BHHS Hudson Valley Properties   Phone: 845-896-9000

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052

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Our Insurance Division:

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560 Grand Avenue, Newburgh, NY, 12550

$2,900,000

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 $2,320,000 $2,320,000 $2,320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment $2,024 $2,024 $2,024
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $13,173 $14,474 $19,421
Total Monthly Payment $15,322 $16,623 $21,570

* 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.