PRICED TO SELL at $1. 495M! This rare condo duplex in a limestone townhouse with a private garden is now priced to sell at $1, 323 per SF when the value of the 440 SF garden is factored in. The perfect home for dog lovers, gardeners, BBQs & alfresco dining! Located in a stately limestone townhouse on a quiet tree-lined Park Block in the Central Park West Historic District, just steps from Central Park. Most townhouse and brownstone apartments in Manhattan are in restrictive coops. However, this rare townhouse condo permits international, corporate and investment buyers, parents buying for their adult children, including students, pied-a-terres, subletting and is dog friendly. From the moment you enter the decorative glass and wrought iron front doors of this stately townhouse, it feels like you’re entering a single family home from a bygone era. When you open the door to this special home, located in the back of the parlor floor level, you are immediately greeted by the light and views of your landscaped private garden through floor-to-ceiling windows in the living/dining area, which features 10 foot +/- ceilings. In the back of this grand level is a sizable renovated and windowed kitchen featuring plentiful cabinetry and countertop space, stainless appliances, a double sink and a brand-new in-unit Miele washer and dryer, one of the most highly coveted features and “must haves” in Manhattan apartments today. There is also a full marble bath on this level. The windowed bedroom with new hardwood floors is located on the lower level of the duplex and is large enough to easily accommodate a king-sized bed, with room to set up a work from home office area. The ensuite windowed full bath features both a tub and a stand-alone shower. The duplex is cooled by central air conditioning; heat is provided by the building. The formal private garden is approximately 440+/- square feet and is a real show-stopper, unlike any garden you’ve ever seen in Manhattan. It is landscaped with lush greenery and colorful flowers in raised formal flower beds on each side, accentuated by planted urns atop pedestals, giving it a European vibe. This section of the garden leads to a welcoming sitting area under an architecturally beautiful gazebo with ornate Roman columns. The garden also features a striking copper clad water fountain statue of a merman by the renowned artist G. Augustine Lynas. This 3-unit condo townhouse provides you with the discrete privacy and luxury of townhouse living, but with shared operating expenses. It is pet-friendly, pied-a-terres are permitted, and because it’s a condo, it offers unlimited subletting and can be purchased as an investment property. West 85th Street is one of the most beautiful tree-lined townhouse blocks on the Upper West Side. The townhouse is located between Central Park West and Columbus Avenue, with Central Park just a few doors away. The prime location of this home provides easy access to some of the best restaurants and boutique shops on the Upper West Side. The Museum of Natural History is just 4 short blocks away. Several transportation options are nearby; the B and C trains are just around the corner, and the 1 train is just 3 blocks away. There is also a CitiBike station at the corner on Central Park West. Real estate taxes noted are for a primary residence with the 17. 5% NYC condo tax abatement. Without the abatement, the monthly taxes would be $1, 418. 81.
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$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $1,170 | $1,170 | $1,170 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,075 | $7,658 | $10,173 |
Total Monthly Payment | $8,370 | $8,953 | $11,468 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.