Built in 1892 by famed architecture firm Neville and Bagge, this 7, 300sf 22 to 25ft wide renovated home is waiting for an owner / user with income, or investment purchaser. 110 West 81st Street is located on a landmark, treelined block across from the Museum of Natural History. It is currently configured as a 6 family home with owners duplex, floor-thru three bedroom, three one bedroom units and a top floor two bedroom. The stunningly renovated owners' unit (duplex + partially finished cellar) greets you with a bespoke chef's kitchen with custom painted wood cabinetry, Wolf professional 6 burner range with griddle, panel front Subzero refrigerator and marble countertops. The kitchen flows into the great room featuring masterfully restored original trim & moldings and fireplace, weaving together the best of modern comfort with the grandeur of 19th century townhome life. The irregular sized lot (22' at front, 25' at back of lot) allows for a 20'+ interior dimension of the great room, giving design freedom from the standard townhome layout. There is a door on the parlor level leading down to the slate paved & landscaped backyard. Additionally on the parlor level are two king sized bedrooms, one with en suite bath and the other a hallway bathroom. The lower level features two bedrooms with en suite bathrooms in addition to the primary suite with custom steam shower, separate marble topped vanities, custom fitted walk in closet and access to the rear yard. Zoned central air conditioning throughout. The third floor features a fully renovated three bedroom / two bathroom home with in unit washer / dryer, central heat & AC. The fourth floor features two one bedroom units, the rear unit is fully renovated with garden views, the front unit has a rent stabilized tenant in place. The fifth floor features a one bedroom unit and a two bedroom unit. The front facing one bedroom unit features charming views up and down the landmark block and has been fully renovated, the rear two bedroom unit has a rent stabilized tenant in place. A unique opportunity for an approx. 3, 000sf owner unit with significant upside and income.
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William Raveis Real Estate
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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 | $7,840,000 | $7,840,000 | $7,840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
Monthly Tax Payment | $5,438 | $5,438 | $5,438 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $44,515 | $48,272 | $65,104 |
Total Monthly Payment | $50,078 | $53,835 | $70,667 |
* 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.