Gold Coast Mansion
Majestic proportions, premiere location, and beautiful light and views define the grandly scaled 20 West 12th Street. An impressive 26 feet wide, built 80 feet on a 103 foot deep lot, and graced with a 20 foot private garden, with side garden, this approximately 9000 square feet turn of the century brick and stone house is destined to return to all of its former glory and maintains much of its century old character, lovingly maintained and attended to.
Notable highlights include: Otis elevator; pristine basement over 6' high with updated mechanicals, plumbing, electric and gas service; 7 wood burning fireplaces; central air conditioning; north, south, and a rare east exposure offering glorious light and privacy; soaring ceilings reaching 13 feet high; and stunning landmark, verdant views. To the south, 3 protected townhouses protect the sun kissed southern exposure.
Cellar- mechanicals, storage, laundry.
First, Second and Third floor owner's triplex featuring a renovated 30 foot long kitchen leading to garden, 4-5 bedrooms, 3. 5 baths, and a parlor floor suite comprised of 26 foot wide sitting room with three window bays facing West 12th Street, square library, and the breathtaking conservatory great room, each with 13 foot ceilings, and a wood burning fireplace. The brick paved, landscaped 20 foot deep garden, side garden, and mature trees including a 50 foot blooming magnolia provide a peaceful nature sanctuary.
Third floor front- 1 bedroom home with renovated kitchen, and approximately 10 foot ceilings.
Fourth floor- 1 bedroom floor through with formal dining, 26 foot wide living room, three open exposures with protected views, and 12 x 15 foot private terrace with open southern views.
Fifth floor- 1 bedroom artist aerie with 12 foot ceilings, exposed brick hearth and fireplace, triple bay steel casement window framing cinematic Village views, and a 15 x 22 foot terrace with open southern views.
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Our Executive Mortgage Banker:
Our Insurance Division:
$20,000,000
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 | $16,000,000 | $16,000,000 | $16,000,000 |
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 | $90,846 | $99,819 | $133,939 |
Total Monthly Payment | $90,971 | $99,944 | $134,064 |
* 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.