38 West 87th Street, New York (Upper West Side), NY, 10024 | $16,500,000

A formidable presence on a gorgeous, tree-lined block on the Upper West Side, this exceptional Queen Anne Revival-style townhouse offers over approximately 8, 300 sq. ft. of interior space and 1, 100 sq. ft. of outdoor space. Built in 1910 by prolific architect Gilbert A. Schellenger, the residence was painstakingly renovated to maintain its original pre-war details while including modern amenities and conveniences. Moments from Central Park, this 20’ wide home boasts grandly proportioned rooms with meticulous design touches and finishes. Entering the home via the classic enclosed foyer, the elegant parlor boasts 12’ ceiling heights, two fireplaces and beautiful views onto 87th Street. A formal dining room overlooks the enclosed garden via a planting terrace and features coffered ceilings and a wood-burning fireplace. An adjacent butler’s pantry leads to the kitchen on the garden level and is serviced by a dumbwaiter. A chic, discreet powder room rounds out the parlor level. The garden floor, accessible from street level, features an expansive chef’s kitchen with a top-of-the-line Miele appliance suite that is seamlessly integrated into the custom cabinetry, a Calacatta Oro marble-topped island, and abundant pantry and storage options. A sitting room, a large mud room with adjacent full bathroom and a light-filled breakfast room that flows to the enclosed, landscaped garden complete the garden level. Encompassing the entire third floor, the palatial primary suite, spans 1, 350 sq. ft. It comes complete with a large bedroom featuring a fireplace, an adjacent sitting room, three walk-in closets, and a skylit ensuite with gorgeous marble details, a soaking tub and large shower with Victoria + Albert brass hardware, and a separate WC. Two more bedrooms sit on the fourth floor, each with ample custom closets and ensuite, marble-clad bathrooms, one boasting a south-facing terrace. The fifth floor features a handsome library with sweeping proportions, a stunning, back-lit full bar and original brick wall details. A guest suite sits on the south side with its own tiled ensuite with a large shower. Currently configured as an office, the sixth floor could be used as a large entertaining space, as it accesses a rooftop deck with stunning city views. The fully finished basement features an enclosed gym, a custom-constructed wine cellar, a full bathroom, a proper laundry room and endless storage options. Connected by a grand staircase and an elevator, this home’s other various modern amenities include a seven-zone HVAC, radiant-heat flooring, Sonos sound system and NEST climate controls.

Features

  • Town: New York
  • Amenities: Garden; Fitness Room; Laundry Room; Roof Deck; Wine Cellar;
  • Rooms: 11
  • Laundry: CommonArea,OnCommonFloor
  • Year Built: 1891
  • Cooling: Unknown Type
  • Building Access : Elevator
  • Service Level: Video Intercom
  • Built Size: 20'x90'
  • OLR#: PRCH35249718
  • Days on Market: 54 days
  • Website: https://www.raveis.com
    /eprop/PRCH35249718/38west87thstreet_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 Modlin Group LLC

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NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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38 West 87th Street, New York (Upper West Side), NY, 10024

$16,500,000

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 $13,200,000 $13,200,000 $13,200,000
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 N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $74,948 $82,351 $110,500
Total Monthly Payment $75,073 $82,476 $110,625

* 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.