Presented byAlison Cheh |
Grand Beauty!
Located on the most desirable tree lined street in the West Village, this magnificent 24 foot wide five story Greek Revival townhouse offers everything one dreams of in a Village house: Celebrated West Village location and one of a long row of houses set back from the street, elegant scale, exquisite and gracious rooms that are dappled in sunlight, original historic detail, and a large garden which overlooks neighboring gardens in all directions.
Behind this 1845 historic fa ade awaits a five story, 5800+ square foot, four-family house with free market rentals that has been lovingly cared for and well maintained with extensive upgrades made in 2020. 1 apartment is vacant, and the remaining 3 leases expire within the next 18 months, which would give the buyer ample time to make plans if conversion to a single-family mansion is so desired.
The house has been in the same family for over 60 years and among the many marvelous historic details are original pine floorboards, moldings, and marble mantles throughout the house. While grand scale gestures abound the atmosphere is relaxed, open and inviting.
Size: 24 feet by 90. 25 feet, built 54 feet deep with a two-story full width extension. Approximate square footage is 5855 above grade, and a 1000 square foot cellar.
LAYOUT:
Cellar: Mechanicals and storage.
Apartment 1:
Garden and Parlor Duplex:
Garden Level: Private entrance through the front garden. At the front of the house there is a large dining room with wood burning fireplace, a full bath, and lovely sitting room with wood burning fireplace that is open to a welcoming newly renovated kitchen with glass doors giving onto the garden.
Parlor Level: One may also enter the duplex up the high and elegant stoop. The front parlor is very fine indeed and offers full length windows facing south that have original woodwork surrounds and shutters. Currently used as a very grand bedroom with full wood burning fireplace. The rear parlor offers an intimate sitting room with wood burning fireplace with black Carrara marble mantle which opens to a grand entertaining room overlooking the garden The ceiling height on this level is 11. 4", There is a full bath, laundry on this level. The duplex is currently used as a one bedroom with 4 large entertaining spaces.
Apartment 2: Entrance is up the elegant high stoop. At the front there is a charming living room with wood burning fireplace and a bedroom. The kitchen is in the middle, has a washer/dryer, bathroom, walk in closet, and at the rear a large bedroom with fireplace that opens onto a terrace.
Apartment 3: Beautiful two-bedroom, 2 fireplaces, and 1 bathroom apartment.
Apartment 4: Top floor artist atelier. This level is set back and cannot be seen from the street. Romantic tree top retreat, with open kitchen, living room, bedroom and bath.
Bank Street was named for the Bank of New York, founded by Alexander Hamilton. The bank moved to the area in 1799 where it remained until the street was transformed into houses beginning in the 1830's.
The West Village has long been a treasured enclave and home to many brilliant luminaries in artistic, social, civil, and cultural movements.
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 Executive Mortgage Banker:
Our Insurance Division:
$18,950,000
William Raveis Real Estate
Phone: 203.231.2255
Alison.Cheh@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.225.2554
Theresa.Givens@raveis.com
NMLS Mortgage Loan Originator ID 1870734
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $15,160,000 | $15,160,000 | $15,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.851% | 6.664% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $92,114 | $98,327 | $132,060 |
Total Monthly Payment | $92,239 | $98,452 | $132,185 |
* 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.