Can be delivered vacant or with 4 tenants in place.
A beautifully maintained classic Greek Revival Townhouse on one of the most historic and picturesque landmarked blocks in Greenwich Village. Of stone construction dating back to the 1860's, many charming architectural details are still intact including exposed brick, ornamental ironwork, wooden shutters, and wood burning fireplaces. The house is 23' wide with 4 floors of residences totaling 5, 344 interior square feet with an additional 900 square foot cellar.
The 1st floor apartment has exclusive access to the 50' garden and large patio area which is perfect for entertaining and enjoying the solitude in this breezy tree-filled oasis. Other features include an expansive living room and one-bedroom convertible to two, an open chef's kitchen, two bathrooms, and washer/dryer. With two entry doors, it can be used professionally as well. The second and third floors boast a 3 bed/2. 5 bath Duplex apartment with den, home office, and laundry. Adjacent (on the 3rd floor) is a fully renovated one-bedroom apartment that can be connected to the duplex should more space be needed. Two sunny updated one-bedroom apartments are located on the top floor. There are five desirable residences in all.
The North and South exposures and skylights bring in light and boast pretty views, ceiling heights are grand, and closet space is abundant. Owned by the same family for the last 65 years, usage options are many. Current leases are free market, an owner can retain positive cash flow while making plans to convert to a magnificent single family home or simply enjoy one of the apartments and continue to lease the other highly desirable units. Unused FAR will allow for a 352' square foot expansion. Fabulous location, with the best restaurants, specialty shopping, schools, and museums. Enjoy Washington Square Park, The High Line, Union Square shops and greenmarket. Transportation options are many.
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Our Executive Mortgage Banker:
Our Insurance Division:
$10,000,000
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 | $8,000,000 | $8,000,000 | $8,000,000 |
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 | $8,350 | $8,350 | $8,350 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $45,423 | $49,910 | $66,969 |
Total Monthly Payment | $53,898 | $58,385 | $75,444 |
* 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.