Suburban-like living in the heart of the prime West Village.
Unique, 25' wide, and extraordinary 1830 Federal Townhouse historically significant and authentically restored, 18 Commerce offers off-street parking with automatic gates and a private curb cut, allowing you to come and go - a true urban oasis!
Elegantly proportioned rooms include five bedrooms, a "secret room" study/home office, and two and a half baths. Call this charming townhouse home and enjoy five working, wood-burning, stainless steel-lined fireplaces with original mantles, a large open patio backyard with outdoor grill, hot tub, and underground cold storage tunnel, tea porch, central A/C, and much more.
Built at a time of stylistic transformation in Greenwich Village architecture, Federal Style architecture was part of a larger revival of interest in the material culture of Roman antiquity. Built for William Depew, a grain measurer, the house was sold to David S. Brown, a tallow chandler, before completion. Featured in "Historic Homes of Greenwich Village" and the Thomas Crown Affair movies, this special home has had only two owners over the past 50 years. The history and integrity of this house remain, enhanced by the addition of modern-day updates.
Climb the stoop, flanked with graceful wrought ironwork, and enter through the elegant original door framed by Doric columns and surmounting glazed transom. You will immediately feel a sense of true old-world New York. An open archway connects the spacious double parlor with high ceilings. The front parlor has oversized, historically correct windows overlooking charming Commerce Street. There is a "secret room" which serves as a great private home office or extra guest room.
The windowed spacious chef's kitchen has a distinct diamond pattern painted flooring, a Sub Zero fridge, a chef's favorite Thermador six burner range, Thermador dishwasher, oversized sink, custom cabinetry, and Viking wine fridge. There is bar seating, dining space, and an open living area with a fireplace. This is an authentic unique space with original beamed ceilings and exposed brick walls.
The second floor features the master suite, currently configured with a bedroom, lounge, and windowed dressing room. There is a lovely tea porch, an ideal space to have your morning coffee or evening cocktail. The windowed master bath is spacious and has a steam shower and a Peloton.
The top floor features three bedrooms, two of which have dormer ceilings, den, and full bath with skylight.
The home offers great light, air, and privacy. Other original details include plaster moldings, redone in Italian craftsmanship, wide plank floorboards, and exterior window shutters.
Commerce Street, a charming winding street in the prime West Village, was originally called Cherry Lane, and home to Cherry Lane Theater. Today the street is home to many of New York City's notable citizens including actors, musicians, painters, and top restaurants such as Sushi Nakazawa and Commerce.
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Our Executive Mortgage Banker:
Our Insurance Division:
$10,995,000
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 | $8,796,000 | $8,796,000 | $8,796,000 |
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 | $50,635 | $55,597 | $74,226 |
Total Monthly Payment | $50,760 | $55,722 | $74,351 |
* 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.