The majestic Queen Anne at 35 West 94 Street has been lovingly preserved and restored by the same owners for over 30 years. Its' grand proportions of 20' x 61', extended on all 4 floors sit on a 100' lot, only feet from Central Park. The house is located on the North side of the quiet tree lined block and offers views of the landmarked houses across the street and gorgeous luminosity from the South exposure.
As you ascend the grand brownstone staircase, you are transported back in time. You'll admire the restored woodwork, tilework and stained glass details throughout.
The building offers multiple private outdoor spaces: the landscaped owner's garden with original Fiske water fountain will melt any stresses away; balcony off the parlor floor; terrace for the unit above and a glorious roof terrace for the penthouse apartment.
The building is used as a 4 family, all market rate apartments, all mint condition. The owner's triplex (includes finished basement with sauna, lots of storage, laundry and mechanical room) offers 3 BR's and 4 baths.
The second floor has been recently gut renovated into a sprawling 1220 SF 1 bedroom, terrace, 1 1/2 bath, dining area, stainless steel appliances, central A/C and washer/dryer.
The third floor offers a beautiful, sun-drenched alcove studio with open kitchen, decorative fireplace and marble bath.
The rear of the third floor is 1/2 of the duplex penthouse. This is a showplace 1 bedroom with home office, 1 1/2 baths, large private roof terrace, central A/C and washer/dryer.
All of the above AND low taxes of $39, 000/year is the icing on the cake.
There are 3 central A/C compressors on the roof, less than 5 years old; the building is fully sprinklered and all apartments are in mint condition.
There are lots of possibilities in terms of use: potential of gross income of $378, 000/year if all units are rented (perfect for a 1031 exchange use); Owner triplex with high rental income from the 2nd and 3rd floor apartments is another option.
Columbia Preparatory School is directly across the street; subways, shops, a stone throw away.
Call for more information or to view this truly outstanding property.
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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 | $6,000,000 | $6,000,000 | $6,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $32,209 | $35,492 | $49,424 |
Total Monthly Payment | $32,334 | $35,617 | $49,549 |
* 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.