TOWNHOUSE RENOVATION OPPORTUNITY. Bring history to life in this stunning, landmarked Queen Anne townhouse beautifully located in the Upper East Side's sought-after Carnegie Hill. The largest rowhouse on the block, this special building is the ideal acquisition for multifamily developers and investors or a homebuyer looking to secure additional rental income or create their single-family dream home in this storied uptown neighborhood, just three blocks from Central Park. Spanning 20 feet at its widest, this exceptional townhouse includes four spacious levels above a full-height basement. Topped by a 380-square-foot roof deck, the layout also features a third-floor rear terrace, a second-floor balcony and a spacious south-facing garden. A smart triplex layout (see the alternate floor plan) provides each unit with private outdoor space. Inside, some historic details remain intact, such as the central staircase, stately fireplaces and exposed brick. The building also enjoys wonderful natural light with southern, western and northern exposures thanks to its end unit position. Outside, a gated forecourt and high stoop make a dramatic first impression from the quintessential tree-lined street. 145 East 89th Street is one of six individually landmarked Queen Anne homes that once stood among a row of ten such houses. The residences were designed by the notable firm of Hubert, Pirsson & Co. in 1886 for William Rhinelander, whose family was among the wealthiest, most influential landowners in the area. The row is beautifully executed with rich brick, ornate ironwork, and stone and terra-cotta trim. An array of carved plaques runs along the windows, while the distinctive slate mansard roof is adorned with pedimented dormers. According to the 1887 edition of the Real Estate Record and Builders' Guide, "The houses have been built in a most substantial manner for a permanent investment and are certainly a great step forward towards the era of perfect homes. " This coveted Carnegie Hill location is filled with world-class shopping, dining, entertainment and outdoor space. Spend the day strolling along the Museum Mile, or explore Central Park's 843 acres of iconic outdoor space. Equinox, New York Sports Club, the 92nd Street Y, Whole Foods, Madison Avenue boutiques and the 86th Street retail corridor make this one of the most convenient neighborhoods in the city. Transportation options abound with 4/5/6 and Q trains, excellent bus service, CitiBike stations, and the FDR all nearby. Interior photos are virtually rendered.
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Our Executive Mortgage Banker:
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$5,950,000
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 | $4,760,000 | $4,760,000 | $4,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | $5,222 | $5,222 | $5,222 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,027 | $29,696 | $39,847 |
Total Monthly Payment | $32,374 | $35,043 | $45,194 |
* 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.