Come discover this early modernist five and a half story building on 49th St located between 2nd & 3rd Avenues.
Designed by architect Morris Sanders and completed in 1935 to be used as his live-work space, this lovely and highly praised building was originally built with an architect's studio and office on the ground floor and two large apartments above.
The first apartment, a duplex is located on the second and third floors and is made up of a living area with a fireplace, a charming recessed balcony and wall of glass block windows. A second room a reception area, once a kitchen and two rooms follow. A curved staircase leads to the second floor where you will find three more rooms and three baths.
The second residence is a triplex located on the fourth, fifth and sixth floors. The spacious living room features a lovely fireplace and a recessed balcony framed by another wall of glass block windows. The second floor of the triplex has an expansive main bedroom adorned with another charming fireplace. A large bath at the entrance of the bedroom is followed by additional two bedrooms and a full bath. The Sixth (top) floor encompasses a bedroom, a full bath and a huge South facing, wood-decked outdoor roof terrace.
Bring your architect to discover all the possibilities of this incredible property.
Showings by Appointment Only.
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$6,000,000
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 |
|
---|---|---|---|
Loan Amount | $4,800,000 | $4,800,000 | $4,800,000 |
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 | $25,767 | $28,394 | $39,539 |
Total Monthly Payment | $25,892 | $28,519 | $39,664 |
* 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.