224 East 50th Street, New York (Turtle Bay), NY, 10022 | $5,125,000

Classically Elegant Single-Family Townhouse in Turtle Bay
Soaring Ceilings, Natural Light, and an In-Law Suite

Tucked away on a quiet, unassuming Midtown block, this tidy townhouse feels like home to all who enter. Comfortable spaces and elegant architectural details abound on each floor including glorious moldings, original shutters that adorn huge windows with deep window seats, and marble mantelpieces. The four-story home also features a restored facade, well-tended private garden, four bedrooms, four and a half baths, impressive ceiling heights, and a private entrance to the garden floor.

There is easy walking to all major transportation including the 6 Train and Grand Central as well as quick access to the Midtown Tunnel for airports or points on Long Island.

224 East 50th Street has been cared for with pride, and will serve any lifestyle. Priced to sell, it is now ready for a new generation of owners.

Garden Floor
A gated forecourt alongside the townhouse stoop leads to a private entrance. The garden floor is currently configured as an in-law suite. The front of the floor is a large bedroom. The remainder of the floor has a more open floor plan with a combined kitchen and living space that includes a Murphy bed. Sliding glass doors at the rear provide natural light and direct access to a deep and wonderfully sunny garden. Boasting mature trees, and beautiful flowering bushes, it is a Midtown oasis.

A full bathroom and storage closet are also centrally located on the garden floor.

Parlour Floor
A lovely vestibule welcomes residents home by offering a buffer from the street outside, and also a peek at the handsome architectural details within. Floor to ceiling doors open to reveal a formal sitting room with beautiful wainscoting and a sweet brick hearth. A coat closet and powder room are tucked into a wide gallery that leads past the staircase to a set of double doors. Beyond, lies an incredible, sun-drenched formal living room at the rear of the parlour floor. It features a wall of windows, original marble fireplace mantle, and a wet bar.

Third Floor
The third floor hosts a gracious eat-in kitchen with all desired amenities including a Sub-Zero refrigerator, large electric range, dishwasher, and a custom pantry. Sunlight streams into this gathering space through two windows that retain the original shutters and bench seating.

The rear of the floor is occupied by a bedroom with a fireplace mantle and hearth, huge closet, a nook for books or an entertainment center, and two windows overlooking the garden. A central bathroom with a wide pedestal sink and jacuzzi tub/shower combination complete the floor.

Fourth Floor
The layout of the uppermost floor provides a sense of privacy and retreat. The townhouse’s primary suite is situated at the rear. A set of French doors reveal a spacious bedroom that has a dual garden and skyline view. The suite also contains a set of his and hers closets, a full bathroom with double walk-in shower and lovely skylight, and a linen closet with a stackable washer/dryer unit.

The front bedroom boasts a fireplace with the original marble mantle, windows with shutters and bench seating, as well as an en-suite bathroom with a skylight. An additional linen closet can be found in the main hallway. There is also enclosed ladder access to the roof.

Cellar
This partially finished cellar is dry and tidy. It is a flexible space with ample room for a home gym or recreational setup. There is a dedicated area for storage as well as a mechanicals room with a work bench.

Features

  • Town: New York
  • Amenities: Garden;
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 4 full / 1 half
  • Year Built: 1899
  • Cooling: Central
  • Private Garden: Yes
  • Building Access : Walk-up
  • Service Level: None
  • Built Size: 15'7"x50'
  • OLR#: 0095862
  • Days on Market: 189 days
  • Website: https://www.raveis.com
    /eprop/0095862/224east50thstreet_newyork_ny?source=qrflyer
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 Vandenberg Real Estate

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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

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224 East 50th Street, New York (Turtle Bay), NY, 10022

$5,125,000

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 $4,100,000 $4,100,000 $4,100,000
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 N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $22,959 $24,912 $33,773
Total Monthly Payment $23,084 $25,037 $33,898

* 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.