601 Madison Street is an elegant single-family townhouse situated on one of the most tranquil, tree-lined streets in Stuyvesant Heights. Recently renovated to perfection, this remarkable property provides a rare opportunity to enjoy spacious living in a beautiful home. Featuring soaring ceilings and expansive windows, the home benefits from an ideal south-north orientation that bathes the interiors in natural light throughout the day. This four-level residence with a finished cellar spans the parlor, second, garden, and cellar floors. The impressive 42-foot parlor, with its 10-foot ceilings, is flooded with sunlight, highlighting the open floor plan. At the front, the formal, open-layout living room showcases an original decorative fireplace, making it perfect for entertaining. Adjacent to it is a generous dining area, thoughtfully paired with a stylish powder room. At the rear, the chef's kitchen is a dream come true, featuring an island, custom cabinetry, and quartz countertops, all overlooking the serene garden. This kitchen is equipped with Thermador stainless steel appliances—including a six-burner stove, dishwasher, Frigidaire wine cooler, and pot filler—ensuring culinary excellence. On the upper level, the primary bedroom overlooks the peaceful backyard and includes two spacious closets for ample storage. The luxurious primary bath boasts marble-tiled floors, a double vanity, and a glass-enclosed shower alongside a freestanding tub, creating a spa-like retreat. Three skylights throughout this floor enhance the bright, airy atmosphere. Completing this level are two south-facing bedrooms, a secondary bathroom, and the convenience of a washer/dryer. The garden floor, featuring two spacious rooms, is ideal for hosting gatherings, working from home, or accommodating family visits. Additionally, a wet bar with a wine cooler and a full bath with a soaking tub is on this floor. Below, the cellar floor provides additional space for recreation, a home gym or storage. This beautifully reimagined townhouse is located just moments away from excellent dining options like Chez Oskar, Saraghina, and Peaches, as well as three local parks with playgrounds, basketball, and tennis courts. Convenient public transportation options include the A/C train at Utica and the J train at Halsey, while JFK Airport is approximately a 20-minute drive away.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,495,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,996,000 | $1,996,000 | $1,996,000 |
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 | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | $395 | $395 | $395 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,177 | $12,128 | $16,442 |
Total Monthly Payment | $11,697 | $12,648 | $16,962 |
* 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.