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Currently a commercial property. Located just off Fifth Avenue on a block graced by some of the city’s most distinguished turn-of-the-century mansions, 2 East 82nd Street presents a phenomenal opportunity for a single-family townhouse conversion. This 25-foot-wide residence spans approximately 12, 400 square feet across seven levels, offering both grand scale and architectural pedigree. Designed in 1901 by architects Welch, Smith & Provot and built by W. W. and T. M. Hall, the mansion once housed the Marymount Lower Middle School of New York. Its reintroduction to the market offers the rare chance to restore the home to its original grandeur as a bespoke private residence. Meticulously renovated in 2003, with interiors by Samuel G. White—great-grandson of Stanford White—and an exterior restoration led by Richard Ciccarelli of Walter B. Melvin Architects, the mansion was awarded the prestigious Lucy G. Moses Preservation Award by the NYC Landmarks Preservation Commission. The restoration preserved and enhanced the home’s most striking architectural details, including ornately carved wood paneling, intricate coffered ceilings, plaster moldings, stained-glass windows, and exquisite marble fireplace mantels. Contemporary upgrades were seamlessly integrated, among them a commercial-grade elevator servicing all seven floors, a full catering kitchen with a large dumbwaiter, two internal staircases, an exterior lift for accessibility and oversized deliveries, and fully modernized engineering systems. With soaring ceilings up to 12 feet and grandly scaled rooms, the home invites a discerning buyer to reimagine it as a private residence of unparalleled scale and refinement. Just steps from The Metropolitan Museum of Art and Central Park—and surrounded by the finest dining, galleries, and shopping of the Upper East Side—this extraordinary mansion presents a once-in-a-lifetime opportunity to create a residence that is truly your own. Some photos are virtually staged.
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.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.
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Our Executive Mortgage Banker:
$40,000,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $32,000,000 | $32,000,000 | $32,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $13,412 | $13,412 | $13,412 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $179,191 | $194,435 | $267,878 |
| Total Monthly Payment | $192,728 | $207,972 | $281,415 |
* 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.