235 East 31st Street, New York (Kips Bay), NY, 10016 | $9,750,000

LUXURY RENOVATION. Be the first to occupy this newly expanded Grand Italianate townhouse, (to 7, 300 square feet). Enter up a classic stoop through original double doors into a tiled vestibule which leads to another set of original inner doors. These doors open to a long gallery on the parlor floor. The parlor floor has 12 foot ceilings, original moldings and doors and 2 decorative fireplaces. The parlor, dining room, powder room and eat-in kitchen comprise this floor. There is a Juliette balcony and a staircase down to the garden. Floor to ceiling windows stream light throughout the space. The second floor is dedicated to the primary bedroom, primary bath and sitting room/bedroom. The primary bedroom opens to a large terrace which overlooks the garden. The third floor has 2 large, square bedrooms each with ensuite bathrooms. The fourth floor has another large, square bedroom with ensuite bathroom and extra large family/media room. The garden floor has a separate entrance under the stoop or can be accessed by a staircase from the kitchen. A bedroom, 1. 5 baths, full kitchen and living room opening to a garden professionally landscaped with irrigation and lighting complete this space, which can be used as an inlaw/staff apartment or could be rented out for income. The unfinished basement is full height and clean and dry. The lot is 20X100.

Features

  • Town: New York
  • Amenities: Laundry Room;
  • Rooms: 12
  • Laundry: InUnit
  • Year Built: 1901
  • Cooling: Central
  • Terrace : Yes
  • Building Access : Walk-up
  • Service Level: Voice Intercom
  • Built Size: 20'x50'
  • OLR#: PRCH21014515
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/PRCH21014515/235east31ststreet_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 Sotheby's International Realty, Inc.

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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235 East 31st Street, New York (Kips Bay), NY, 10016

$9,750,000

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 $7,800,000 $7,800,000 $7,800,000
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 $44,288 $48,662 $65,295
Total Monthly Payment $44,413 $48,787 $65,420

* 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.