All Free-Market Units in a Lovely 18-Foot Wide Townhouse
Renovated Owner's Triplex
Perfect Configuration to Live-With-Income
Details matter, and this unique townhouse opportunity is full of wonderful details. It is located on a prime townhouse block just steps from Riverside Park and boasts 18-feet of width plus a gorgeous stoop and rear garden. Currently configured as five free-market units, including a spacious owner’s triplex, this townhouse is ideal for “living with income. ” Inside, from moldings to mantelpieces, many original details have been preserved and enhanced to create a charming living space. The triplex has been fully renovated with central air and the two large bedroom suites both have luxuriously renovated bathrooms. The rest of the building has been restored and updated with replacement windows, updated plumbing and electric and a gorgeous facade and stoop. This townhouse can be delivered vacant.
Garden Floor (Owner’s Triplex):
A private entrance under the townhouse stoop leads to the garden floor, and primary living level, of the owner’s triplex. Highlights include a large living room, formal dining room with direct garden access, and a spacious mid-gallery ideal for a library or bar. The fully-equipped kitchen is located in an extension just off the dining room and also leads out to the grand rear garden. A powder room completes the floor.
Parlour Floor (Owner’s Triplex):
The parlour floor offers a dedicated formal foyer and stairwell to access the upper apartments. The remainder of the floor is part of the owner’s triplex and hosts two very large bedrooms each with ensuite bathrooms.
Cellar (Owner’s Triplex):
An excavated cellar completes the owner’s triplex and provides an additional 1, 000 square feet of living space. There is a huge family room, separate home office, full bathroom as well as a dedicated laundry area. A separate room is designated for all the townhouse mechanicals. The cellar has been completely finished and has access via a stairwell to the garden.
Third Floor:
Two one-bedroom apartments occupy the third floor of the townhouse. The rear apartment has a private terrace overlooking the garden below.
Fourth Floor:
The fourth floor contains two sunny studio apartments. The rear studio features a decorative fireplace.
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Our Executive Mortgage Banker:
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$4,650,000
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 | $3,720,000 | $3,720,000 | $3,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,709 | $23,820 | $31,643 |
Total Monthly Payment | $21,834 | $23,945 | $31,768 |
* 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.