Own a piece of history! This rare and never before listed house at 177 East 78 Street, is a magnificent 4 story red brick townhouse with a finished basement and an elevator servicing the entire home. Built circa 1899, this stately home is contiguous to its sister house, 175 East 78 Street. Located on a beautiful tree-lined block, 177 East 78 Street was first inhabited in 1871 by hardware merchant Augustus T Chur, at the end of the Civil War. The wealthy widow Mrs. Mary Sheehan , lived in the single house for a number of years until the real estate firm Lowenfeld & Prager purchased both 177 and 175 East 78 Street in 1902. Miraculously, the two homes have remained bonded under single-ownership ever since. It should be noted that in September of 1946, the two buildings became home to the great American author and Nobel Prize winner, John Steinbeck. Together with his wife, they lived and owned both homes until 1948. Most recently, the houses have been owned by the same family for over 55 years. 177 East 78 Street is 18’ wide and has been completely renovated from top to bottom. Elegantly set off the street, the stately home offers 4 bedrooms, 4 bathrooms, a beautifully landscaped backyard, 2 wood burning fireplaces, split AC system, hardwood floors, finished basements. The first floor features a formal entryway with a spacious coat closet and a large eat-in kitchen with top of the line Bosch and SubZero stainless steel appliances. A huge family room/ dining room with oversized bay windows leads outside to a beautiful backyard. Light streams in from North to South through floor-to-ceiling windows on the parlor floor. An expansive formal living room, library with ensuite bathroom, and wet bar make this grand space perfect for both living and entertaining. The top two floors feature a total of 4 gracious bedrooms, each with its own tastefully renovated bathroom and ample closets. The huge primary suite is outfitted with a marble bathroom and a stall shower. The finished basement includes a cedar closet storage room, a full laundry room complete with a sink and brand-new full-size Electrolux washer and dryer and easy access to all the updated mechanicals. For your convenience, there is a full-service garage directly across the street Approx 4, 593 of unused Air Rights
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:
$7,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
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 | $6,396,000 | $6,396,000 | $6,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | $4,866 | $4,866 | $4,866 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $36,819 | $39,903 | $54,406 |
Total Monthly Payment | $41,810 | $44,894 | $59,397 |
* 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.