New York (West Village), NY, 10014 | $12,250,000

A property brimming with history and a lineage of notable owners, 54 Seventh Avenue South is one of the most unique offerings available today. Set within a lush oasis of mature trees and accessible from the street by a pedestrian entrance or a gated driveway (with parking for two cars) sits this near-freestanding building spanning nearly 6, 000 square feet of interior space with an additional 3, 500+ square feet of outdoor area. Currently configured as three separate spaces – a ground floor gallery or artist’s studio, a second floor 2-bedroom accessory apartment, and an owner’s duplex penthouse – there are endless possibilities for how these areas can adapt to your use. The first floor commercial or gallery space is exceptionally deep with ceiling heights over 10 feet, a kitchenette, powder room, and separate office space, opening onto a 60-foot wide south facing garden as well as a smaller private garden facing west. Access is provided to the cellar, which stretches the full depth of the building and has ceiling heights over eight feet. On the second level, a full floor 2-bedroom, 1-bath guest apartment overlooks the garden below and can potentially be combined with the duplex above to create a trophy triplex residence. Heading to the third floor begins the owner’s duplex, with an impressively scaled living/dining room with 12-foot beamed ceilings, exposed brick walls and original timber lintels. A gut-renovated kitchen features an exceptional amount of cabinet space, stainless steel countertops, and treed exposures. Three bedrooms are found across both levels of this duplex, including the primary suite which spans half a floor and includes a windowed dressing room, bed chamber with triple exposures and original beamed ceilings, and an en-suite bathroom with double vanity, shower, and soaking tub. Two full baths and a laundry room with vented dryer are also contained within the owner’s unit. At the top of the building lies a spellbinding roof terrace, expansive in scale and with views from the West Village to midtown Manhattan. A rare opportunity to own an impressively scaled multi-use property in the heart of the West Village with private gated parking – an almost unheard-of combination. Co-Exclusive with Douglas Elliman Real Estate

Features

  • Town: New York
  • Levels: 4
  • Rooms: 12
  • Bedrooms: 5
  • Baths: 4 full / 2 half
  • Lot Size: 42.600000x103.300000
  • Laundry: See Remarks
  • Year Built: 1877
  • Approx Sq. Feet: 5,820
  • Est. Taxes: $21,480
  • Pet Policy: Building No,Cats OK,Dogs OK
  • MLS#: COMP-170241653063604
  • Days on Market: 110 days
  • Website: https://www.raveis.com
    /prop/COMP-170241653063604/547thavenues_newyork_ny?source=qrflyer
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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 Compass   Phone: (212) 913-9058

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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New York (West Village), NY, 10014

$12,250,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $9,800,000 $9,800,000 $9,800,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.750% 6.500% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.844% 6.597% 6.158%
Monthly Tax Payment $1,790 $1,790 $1,790
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $57,190 $61,943 $82,698
Total Monthly Payment $59,105 $63,858 $84,613

* 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.