The Woolworth Mansion Built in 1915 by famed architect Charles P. H. Gilbert for Frank Woolworth, 4 East 80th Street is a rare opportunity to enjoy a piece of New York City’s architectural legacy. Painstakingly restored to its original grandeur, but featuring modern amenities, this French Gothic masterpiece is 35’ wide, boasts an astounding approximately 20, 000 square feet and 9 bedrooms, 11. 5 bathrooms and 3 kitchens. The classic limestone facade rises 7 stories with understated embellishments and two monumental dormers rising from the fifth floor balcony. The palatial residence is accessed through a stately entry hall featuring an intricate mosaic floor, a massive fireplace with hand carved detail, an elegant powder room and a sweeping master staircase rising up below a stained glass skylight. On the parlor floor, with ceilings reaching over 14 feet high, the elegant drawing room connects to the deep, wood paneled formal dining room with capacity to seat over 50 people on one side, and an opulent living room illuminated by four floor-to-ceiling windows on another. Off the dining room, there is also a solarium/morning room and a serving kitchen that includes a seating area, and ample storage. The third floor features a large wood paneled library with a wet bar and a powder room. It also features sleeping quarters with a two bedroom suite, two full bathrooms and plenty of closet space. The fourth floor show stopping master suite encompasses a luxurious bedroom with abundant closet space, a vestibule and, positioned on opposite ends, two full baths with adjoining dressing rooms. The fifth floor features four large rooms with full baths that could be used for sleeping quarters or workspaces. The sixth floor features a gym and a sauna, and an open concept space, adaptable as a bedroom or office space. The seventh floor features separate help quarters with two additional bedrooms, two full bathrooms, a kitchen and sitting room that leads to the rooftop lounge. All floors are serviced by an elevator. The lower level features work from home space including executive offices, a conference room and lounge, a kitchen and two bathrooms, all leading to a private back yard. Backed by an incomparable New York City legacy, 4 East 80th Street is a once in a lifetime home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$59,000,000
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 | $47,200,000 | $47,200,000 | $47,200,000 |
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 | $267,996 | $294,467 | $395,120 |
Total Monthly Payment | $268,121 | $294,592 | $395,245 |
* 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.