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Spacious 20-Foot Wide Townhouse on the Upper West Side with Excellent Income or amazing opportunity for a single home!
This Stunning 20' x 100', must see mixed-use townhouse, is desirably located right off of Riverside Park on a tree lined, quiet Upper West Side street. It was constructed in 1895 by the architects Thom & Wilson in the Renaissance Revival style.
The building offers a myriad of possibilities. It is comprised of 9 units: 7 free market and 2 rent stabilized
apartments. An owner-occupied ground floor, floor-thru apartment with back yard, 1 owner occupied apartment on the 1st floor rear and 1 rent stabilized rear apartment on the 2nd floor rear offer the potential for an amazing Owner Triplex. The remaining 5 free market apartments, renovated with high end finishes, storage lofts and generous rent roll, offering an excellent source of additional income. Keep it as mixed use or fully reconfigure and convert to a one-family townhouse!
The building also offers exquisite original features. It has extra high ceilings, 8 decorative fireplaces, a gorgeous bay window, and original wood and decorative moldings that add character to the rooms and
staircase. There is a spacious extension to the building as well, contributing an additional amount of space, and a third-floor terrace.
It is a special opportunity for those wishing for an extraordinary one-of-a-kind residence on the sought-after
Upper West Side area. Surrounded by excellent restaurants, public transportation and more.
A must see!
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,495,000
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 |
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Loan Amount | $5,196,000 | $5,196,000 | $5,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $30,736 | $32,842 | $44,552 |
Total Monthly Payment | $30,861 | $32,967 | $44,677 |
* 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.