Exuding charm and privacy as one of only seven private homes in the coveted Greenwich Mews, this 21-foot wide townhouse represents a rare opportunity to build a stunning home and own an exquisite West Village property with dedicated indoor parking.
The facade was recently restored, new windows were installed, and the raw 2800sf interiors are now ready to be built. The property comes with plans approved by Landmarks and DoB to propose additional windows in the rear and a finished roof deck. Note that the property has the potential to have an additional floor which was approved by DoB and Landmark but is subject to the Mews Association's approval post-closing. This additional floor would expand the home to 3400sf. The existing structure features over 10-foot ceiling, 4 wood burning fireplaces, southern and northern exposures, oversized bay-windows, a Juliet balcony, and a roof deck.
The Greenwich Mews is a private gated community that offers a private indoor parking space for each resident, a 75' x 21' courtyard, a large planted and fully furnished deck with grill, and a property manager who assists with maintaining everything from landscaping to snow shoveling.
Set in the heart of the West Village Historic District, 687 Greenwich Street is also conveniently located near the wonderful Hudson River Parks, amazing restaurants, coffee shops, and transportation.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,495,000
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 | $5,196,000 | $5,196,000 | $5,196,000 |
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 | $31,571 | $34,134 | $45,263 |
Total Monthly Payment | $31,696 | $34,259 | $45,388 |
* 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.