23 Ludlow Lane, Palisades (Orangetown), NY, 10964 | $28,500,000

A long driveway off a private road leads to the magnificent Niederhurst. A luxurious, late 19th Century country estate on 13 acres overlooking the Hudson River, reimagined for the 21st century by Architectural Digest's Top 100 designer/owner Sara Story, as featured in A. D. October 2016. The home is an extraordinary residence for those who seek exceptional style, provenance and location. It was built during the Gilded Age, when romantic homes were built on bluffs, overlooking the river, mimicking the great European estates overlooking the Rhine. Niederhurst's parklike features, such as imported copper beech trees from England, planted by Gilman in the 1870s, still dominate the landscape today. The property's Fern Lodge, built in 1866 and The Stable, built in the 1870s, are additional structures on the property. In addition, there are several out buildings: a stone shed, an small observatory converted to a cote (for birds), an antique barn and shed. The interior of the home reflects historic details with modern flair. There's an energy and symmetry between design and function, walking through the house. Is it modern or old world? You decide. Highlights include original plaster medallions, brickwork and moldings infused with the addition of hand-troweled Venetian plaster walls, oak millwork and wide-plank, light oak flooring to brighten the interior. Materials include Pannozzo marble from Italy in the master bath and Nero Marquina with blue de Savoie and Calcutta marbles in the gallery floor that create a grand yet inviting space. The renovation of the home took five years. Niederhurst has only had three owners in 150 years. The current owners reunited/purchased the original cottage and stable that were on the property when Niederhurst was built, as well as an additional 4. 5-acre parcel overlooking the river - that was also part of the original estate. This is the first time ever Niederhurst is being offered with all three structures, as it was from 1874 to 1955. The property is comprised of three separate lots. Niederhurst was constructed by Winthrop Gilman Jr. , a notable NYC banker and architect who built the home and contributed greatly to the community where he raised his family. He built the first schoolhouse, church, library and served as the first historian for the Snedens Landing, recording stories from the 18th century, and inspired others to do the same in later years. His passion was always to give back to his community. Snedens Landing is known for its rustic seclusion, proximity to Manhattan and notable residents, both past and present. The Hudson River and the Snedens Landing Tennis Association court are a short walk from the home and there are about 3, 000 acres of hiking trails within walking distance. The historic riverfront village of Piermont with its many restaurants, shops and marinas is only a five minute drive. Snedens Landing is a neighborhood in Palisades. It is surrounded by the Hudson River on the east, thousands of acres of parkland on the north (Tallman State Park) and south (Columbia University Lamont Observatory & Palisades Interstate Park). Snedens Landing is the first community on the west bank of the Hudson River, north of the G. W. Bridge. It consists of about 100 homes and there is only one road into the community. It's a great "walking" neighborhood. Niederhurst is a perfect weekend home or forever home. Manhattan is only 30 minutes away. Nothing Compares.

Features

  • Town: Palisades
  • Rooms: 15
  • Bedrooms: 8
  • Baths: 7 full / 2 half
  • Style: Victorian, Colonial, Cottage, Estate, Mini Estate
  • Year Built: 1874
  • Heating: Natural Gas, Hot Water, Steam
  • Cooling: Central Air
  • Basement: Finished, Full, Walk-Out Access
  • Approx Sq. Feet: 8,000
  • Acreage: 13
  • Est. Taxes: $214,931
  • Lot Desc: Historic District, Level, Part Wooded, Possible Sub Division, Sloped, Stone/Brick Wall, Near Public Transit, Private
  • View: Panoramic, River
  • Elem. School: William O Schaefer Elementary School
  • Middle School: South Orangetown Middle School
  • High School: Tappan Zee High School
  • School District: South Orangetown
  • Pool: In Ground
  • Appliances: Dishwasher, Dryer, Oven, Refrigerator, Stainless Steel Appliance(s)
  • MLS#: H6304929
  • Days on Market: 141 days
  • Website: https://www.raveis.com
    /eprop/H6304929/23ludlowlane_palisades_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Ellis Sotheby's Intl Realty   Phone: 845-353-4250

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NMLS Mortgage Loan Originator ID 1880936

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23 Ludlow Lane, Palisades (Orangetown), NY, 10964

$28,500,000

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 $22,800,000 $22,800,000 $22,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.955% 6.612% 6.182%
Monthly Tax Payment $17,911 $17,911 $17,911
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $131,250 $144,112 $192,399
Total Monthly Payment $149,286 $162,148 $210,435

* 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.