HISTORY AWAITS A NEW GENERATION Located on a lovely, quiet block in the coveted Jumel Terrace Historic District, 418 West 160th presents a rare and exciting opportunity to own a bit of NYC history and create a legacy home for generations to come. This end unit 2-family Brownstone (currently a single family) is situated across from the Morris Jumel Mansion. The brick and limestone façade is adorned with the original prewar details from the early 1900’s. The house measures 18 ft wide encompassing 3, 688 square feet of above-grade living space plus another 1, 823 sf of full-height basement storage and a 920 sf private back yard. The most discerning townhouse buyer will recognize this unique opportunity to restore and preserve this gem to reveal the splendid grandeur that once stood proudly in the heart of Morris Jumel Terrace. The residence is located near the A/C and 1 trains and convenient to an abundance of shopping, services and New York Presbyterian Hospital. GARDEN: The garden level consists of an expansive family room with original privacy shutters, decorative fireplace, a cozy den or office area plus large kitchen. From here, you can access the backyard via a covered porch. PARLOR Accessed by a gracious entry foyer, the parlor level offers the ideal space for formal entertaining with grand living and dining rooms plus a contiguous study/music room. Here, ornate wood-carved fireplaces and lovely details including the Mahogany-inlay hardwood floors, chandeliers, original solid pocket doors all take center stage. THIRD FLOOR: Three bay windows that directly overlook a sleepy tree-lined street and Morris Jumel Mansion create a lovely backdrop for the grand-scale primary suite. A second bedroom and updated windowed bathroom complete this level. Decorative fireplaces embellish each bedroom. FOURTH FLOOR: A stained-glass skylight welcomes you to the upper floor where two bedrooms rest, separated by a wet room which could easily convert to laundry or additional bedroom. Rounding out the top floor are several walk-in closets, another full bath, and a smaller third room which could serve as a study or meditation room. CELLAR: A clean, open cellar offers amazing storage, washer/dryer and even a bathroom! Call us today for a private viewing of this exciting property.
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William Raveis Mortgage, LLC
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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 | $1,200,000 | $1,200,000 | $1,200,000 |
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 | $687 | $687 | $687 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,720 | $7,291 | $9,885 |
Total Monthly Payment | $7,532 | $8,103 | $10,697 |
* 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.