Originally built in 1900 this sun flooded 19-foot-wide X 50-foot-high building is located in the heart of Murray Hill. As many historic homes in Murray Hill have been heavily remodeled 149 has kept a lot of its original elegant features. The 4-story building totals almost 4000 SF above ground and additionally a 950 SF cellar. Perfect for an investor with a multifamily configuration , with studios on the third and fourth floor currently having tenants in place hence bringing revenues while offering the opportunity to create your own duplex with a private garden. The first floor can serve as a bright expansive entertainment area with access to your own private garden area. The second floor consists of 2 bedrooms and is complete with many of the original features of the finest townhomes of New York in the early 1900s, ranging from approximately 12-foot-high ceilings with wooden beams to exposed brick walls to true arch type windows; each floor has a working fireplace. In addition, residential use zoning permits for live/work, such as medical facilities and office use for government and non-profits. The zoning R8B allows a building height of 75ft which will offer the opportunity to build an additional 25ft which is at least one more floor, allowing you to create a new duplex; No representation is made as to the accuracy of any description. Located in the Murray Hill historic district, 149 East 36th Street is a tree lined street which absolutely gives you the feeling of living in a neighborhood, with plenty of dining and shopping options all within blocks (Trader Joe’s, Fairway, Kalustyan’s market, Atomix, and 2-star Michelin restaurants) while being steps away from a multitude of Iconic landmarks and business hubs such as the Morgan Library, Chrysler Building, Office Plaza District. This intimate property is at a very short distance from the United Nations, One Vanderbilt, and Grand Central Station; offering easy access to multiple modes of transportation and convenient connectivity throughout New York City; truly making uptown, Nomad, or downtown easily accessed. This special and charming townhouse with its prime historical location and contemporary areas combines steady incomes and private usage and offers a growth potential with possible building expansion; a unique and rare opportunity for dynamic investors! Showings Monday – Sunday with 24-hour notice. *Please note the photos displayed are virtually staged.
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William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $2,920,000 | $2,920,000 | $2,920,000 |
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 | $17,742 | $19,182 | $25,436 |
Total Monthly Payment | $17,867 | $19,307 | $25,561 |
* 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.