New York (Upper West Side), NY, 10024 | $6,350,000

 

471 West End Avenue presents an extraordinary opportunity to own and transform a 25'-wide, 100% vacant townhouse into a masterpiece in one of the Upper West Side's most exclusive and sought-after locations. Ideally positioned between West 82nd and 83rd Streets, this exceptional property offers the rare combination of location, potential, and unparalleled luxury.

Currently, the townhouse boasts a proposed 10, 105 square-foot structure with soaring 20" high ceilings, presenting dramatic design possibilities. With an impressive 23, 230 square feet of buildable potential, the property comes with fully Landmark and DOB-approved plans meticulously crafted by renowned architects PBDW, paving the way for a breathtaking five-story, single-family residence.

471 West End Avenue benefits from a Class 2B protected tax status, ensuring favorable financial conditions for investors and end users alike. This property is truly a unique blank canvas, inviting visionary buyers to curate an iconic luxury home tailored to their precise specifications and desires.

Embrace this rare chance to create an architectural statement in Manhattan's prestigious Upper West Side neighborhood, where exclusivity, charm, and convenience converge. Bring your dream to life at 471 West End Avenue.

Approved 5-story Townhouse development plans by Original Architect, Stanford White's PBDW Architects

- Up to 23, 230 total buildable residential SF

- High-end Single Family Conversion

- 25" wide x 100"

- Favorable Tax Class 2B Status

This is a co-exclusive listing with Newmark.

 

Features

  • Town: New York
  • Levels: 1
  • Rooms: 20
  • Bedrooms: 5
  • Baths: 6 full / 3 half
  • Lot Size: 24.00x100.00
  • Laundry: Building Other
  • Year Built: 1900
  • Approx Sq. Feet: 10,105
  • Est. Taxes: $86,664
  • View: Other
  • Pet Policy: Building Yes,No
  • MLS#: RLS20038844
  • Days on Market: 212 days
  • Website: https://www.raveis.com
    /prop/RLS20038844/471wendavenue_newyork_ny?source=qrflyer
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All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Serhant   Phone: 646-480-7665

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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.DeFlorio@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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516.739.7731

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Our Insurance Division:

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New York (Upper West Side), NY, 10024

$6,350,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah DeFlorio

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.DeFlorio@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 $5,080,000 $5,080,000 $5,080,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.000% 5.750% 5.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 5.973% 5.858% 5.681%
Monthly Tax Payment $7,222 $7,222 $7,222
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $27,271 $29,646 $41,508
Total Monthly Payment $34,618 $36,993 $48,855

* 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.