Take a step back into old New York! Built in 1900 at the very end of the Gilded Age, and during the waning years of the Victorian era, this parlor floor home transcends time. 25 West 71st Street was originally built as a single-family home, for what would have been an upper-class family, just as the 19th century turned clock to the 20th. Now home to four units, Apartment 1R occupies the entire parlor floor. The parlor floors of the era enjoyed the highest ceilings and most elaborate detail putting the owner's best foot forward as they welcomed guests.
Upon entering what today would be viewed as the 'great room', it's easy to lose focus as your eye is overwhelmed by the volume of the space and all its rich detail. 12' ceilings are topped by an oak beamed coffered ceiling with large korbel's along the perimeter. Herringbone floors, 8' doors, ornate casing, Tudor style oak paneled walls and a grand encaustic tile trimmed fireplace. This large room serves as both living and dining.
A galley kitchen is just off the main room as is a home office and second bedroom with both enjoying the greenery of a rear garden view. To the front of the apartment, you find a sizeable south facing master bedroom whose 7' tall windows, with original shutters, frame a street view of West 71st Street. It's easy to imagine looking out to a horse drawn carriage or one of the earliest hand crank automobiles waiting outside your door. The home enjoys central AC.
The location is exceptional. In addition to being just a few steps from entering Central Park, you are just around the corner from the extensive line-up of shops on West 72nd Street and Columbus Avenue. For the arts you are just a stroll to Lincoln Center and all it has to offer. All in all, a magical apartment in the finest of locations.
Showings to begin Monday 1/20 with the first Open House on Sunday 1/26.
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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 | $1,320,000 | $1,320,000 | $1,320,000 |
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 | 6.550% | 6.220% | 5.781% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,392 | $8,020 | $10,873 |
Total Monthly Payment | $7,517 | $8,145 | $10,998 |
* 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.