New York (Upper East Side), NY, 10021 | $7,950,000

Step back in time to the roaring twenties, an era of prosperity and boundless possibilities, as you enter this exquisite historic townhome, built in 1920 and cherished by only two families. Meticulously preserved, the original charm and character of this extraordinary residence have withstood the test of time. An exceptional opportunity awaits the next fortunate owner to restore the grandeur of this magnificent townhouse, nestled within the esteemed Upper East Side Historic District. This distinguished 20’ five-story single-family abode spans approximately 6000 square feet of opulent interior space, complemented by a delightful garden and a finished basement complete with a new boiler. Ground Floor: Step into the grand foyer, a prelude to the splendors that lie ahead. The foyer boasts a guest powder room, a generously-sized walk-in closet, and leads to a spacious den and a butler's pantry, complete with the original dumbwaiter, offering a glimpse into the possibilities of a resplendent chef's eat-in kitchen. The kitchen opens up to a lovely garden, while a back stairwell provides convenient access to the formal dining room one floor above and the basement below. Parlor Floor: Ascend to the grandest level of this remarkable home, where an expansive, sun-drenched formal living room awaits, adorned with a wood-burning fireplace and an original mantel. The soaring ceilings add to the sense of grandeur. Adjacent to the living room, discover an expansive formal dining room, also equipped with a wood-burning fireplace, setting the stage for intimate family gatherings or lavish soirées. Envision the unforgettable parties you can host on this magnificent entertaining floor. Third Floor: Dedicated entirely to the primary suite, this floor offers unparalleled luxury. An impressive south-facing library with yet another wood-burning fireplace sets the tone, leading to the primary bedroom, flooded with natural light from its ample windows. The bedroom is accompanied by a windowed ensuite bath, creating a serene oasis of relaxation. Fourth Floor: Currently housing three bedrooms and two bathrooms, this expansive floor offers versatility and comfort. The south-facing bedroom boasts a wood-burning fireplace, an ensuite windowed bathroom, and a Juliette balcony, while the north-facing bedroom features its own ensuite windowed bathroom and a terrace that can be transformed into a tranquil outdoor retreat. Fifth Floor: Originally designed as quarters for staff, this floor currently encompasses five small bedrooms and two windowed bathrooms. Our proposed floor plan envisions the addition of two extra bedrooms, which could alternatively serve as a den or guest room accommodating your unique needs and desires. Additional highlights of this remarkable residence include a grand staircase, featuring separate landings on each floor and a rare third west-facing exposure. Impressive high ceilings and hardwood floors further enhance the allure, while a full-height basement houses a laundry room. We have also included a proposed floor plan, which incorporates an elevator, a wine cellar, a home gym, an additional powder room on the parlor floor, an eat-in kitchen, a laundry room, a bar, a sunroom, and so much more. This is an unparalleled opportunity to become the third owner of this historic property and bring your dream home to life.

Features

  • Town: New York
  • Rooms: 14
  • Bedrooms: 9
  • Baths: 6 full / 1 half
  • Units: 1
  • Lot Size: 19.500000x100.420000
  • Laundry: See Remarks
  • Year Built: 1920
  • Approx Sq. Feet: 5,888
  • Lot Size: 19.500000x100.420000
  • Est. Taxes: $100,632
  • Pet Policy: Building No,Cats OK,Dogs OK
  • Appliances: Dryer,Washer
  • MLS#: COMP-152969316292991
  • Days on Market: 256 days
  • Website: https://www.raveis.com
    /prop/COMP-152969316292991/155e70thstreet_newyork_ny?source=qrflyer
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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 Compass   Phone: (212) 913-9058

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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

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

New York (Upper East Side), NY, 10021

$7,950,000

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 $6,360,000 $6,360,000 $6,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.769% 6.270% 5.864%
Monthly Tax Payment $8,386 $8,386 $8,386
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $35,614 $38,644 $52,389
Total Monthly Payment $44,125 $47,155 $60,900

* 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.