SHOWINGS START FEBRUARY 5th Built in 1890-91 as one of a group of five rowhouses developed by Breen and Nason and designed by the architects A. B. Ogden & Son, the house proudly displays a Renaissance Revival brownstone façade with rusticated base and elegant bowed window on the third floor. Located on a prime tree-lined townhouse block this 20’ wide five-story townhouse contains approximately 5, 850 SF not including full basement. The home is configured as 12 apartments, eight of which will be delivered vacant. There are currently four occupied units, two of which are free-market and two of which are rent-stabilized. One of the rent-stabilized tenants has given written notice of her intent to terminate her lease effective 3/31/25. The other rent-stabilized tenant has subleased her apartment. Two units on the ground floor are owner-occupied and joined into a single two-bedroom, two-bathroom garden apartment. The third, fourth, and fifth floors could be combined into a single triplex apartment with terrace, or into three floor-through apartments, one with terrace. There is a charming, landscaped garden, fourth floor terrace, and a full basement. The house has been owned and meticulously maintained by the same family for over five decades and is in excellent condition. It presents a unique opportunity to live with income and have the potential to occupy more space over time.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,750,000
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 | $3,800,000 | $3,800,000 | $3,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.346% | 5.907% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,279 | $23,397 | $31,556 |
Total Monthly Payment | $21,404 | $23,522 | $31,681 |
* 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.