THE OPPORTUNITY At nearly 25'-wide, 141-143 East 63rd Street has been gutted with all new structure, an excavated cellar, a brownstone front facade with high stoop entry and a brand new rear facade of brick and large casement windows and doors. Wide floor-plates with grand ceiling heights throughout allow the future owner an opportunity to customize and complete this grand mansion on a historic Upper East Side Street with approved D. O. B. plans by the acclaimed architecture firm DHD and active permits, construction can continue immediately with a shortened completion timeline given the previous build. Additionally, this property is located outside the Historic District, allowing a discerning purchaser to also have the opportunity to convert the current application from residential to commercial and create a one-of-a-kind space. PROPOSED CELLAR LEVEL: Excavated down to create room for ceiling height, the floor holds a home theater, full-size laundry room, full bath, and additional storage space. PROPOSED GARDEN LEVEL: Beyond the large, gated, forecourt and under the high stoop will be an office or staff quarters, large mudroom with two bathrooms, and a massive open kitchen in the rear facing the 800 square foot garden through custom, full height sliding doors. The garden was designed for an in-ground heated pool. PROPOSED PARLOR LEVEL: Grand proportions with four windows across the front facade and a large glass opening in the rear that leads to a large terrace overlooking the garden. This level has an open living room, views of the sweeping oval stair, a formal dining room, service pantry and bar along with a spacious entry foyer off the stoop entry. PROPOSED THIRD LEVEL: Given the 25' width of this home, and the unique bay windows on the Southern side, this level can accommodate up to four bedrooms and three full bathrooms. there is room for four bedrooms on this floor, with three full baths. PROPOSED FOURTH LEVEL: Occupying the entire floor is the primary suite, with a North facing bedroom with oversized casement windows, an enormous dressing room, two private bathrooms, and a home office or additional bedroom. PROPOSED FIFTH LEVEL: The top floor has another lounge with wet bar and two bedrooms or gym, with a large south-facing terrace and an outdoor gas fireplace facing the famed Barbizon. PROPOSED ROOF BULKHEAD: Not yet built, current plans call for a finished roof-deck and outdoor basketball court. This is a co-exclusive w/ Compass
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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 | $7,800,000 | $7,800,000 | $7,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.977% | 6.664% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $47,394 | $51,240 | $67,946 |
Total Monthly Payment | $47,519 | $51,365 | $68,071 |
* 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.