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New York (Upper West Side), NY, 10024 | $6,125,000
Originally built in 1895 by architect J. W. Davison, 306 West 78th Street is the third in a series of four townhouses designed in the Renaissance Revival style. The 18-foot-wide property comprises a modern, light-filled, and spacious owners duplex, plus seven additional rental units. The home offers approximately 5, 648 square feet of interior space. 306 West 78th Street provides exceptional flexibility and optionality, given the buildings strong rent roll and a renovated owners unit with generous outdoor space. The property is ideal for conversion to a single-family residence, use by a live-in owner seeking to offset expenses with rental income, or acquisition by an investor completing a tax-free exchange. Located on a picturesque tree-lined block just steps from Riverside Park, 306 West 78th Street is close to top Manhattan schools, acclaimed restaurants, vibrant retail, and premier cultural institutionscapturing the essence of Upper West Side living.
Features
- Town: New York
- Levels: 1
- Rooms: 20
- Bedrooms: 8
- Baths: 9 full
- Lot Size: 102.00x18.00
- Laundry: In Unit
- Year Built: 1910
- Approx Sq. Feet: 5,648
- Est. Taxes: $104,616
- View: Other
- Pet Policy: Building Yes,No
- Appliances: Washer Dryer Allowed
- MLS#: RLS20058860
- Days on Market: 204 days
- Website: https://www.raveis.com
/prop/RLS20058860/306w78thstreet_newyork_ny?source=qrflyer
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 Leslie J Garfield & Co Inc Phone: (212) 371-8200
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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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!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
New York (Upper West Side), NY, 10024
$6,125,000
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 | $4,900,000 | $4,900,000 | $4,900,000 |
| 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 | $8,718 | $8,718 | $8,718 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $27,439 | $29,773 | $41,019 |
| Total Monthly Payment | $36,282 | $38,616 | $49,862 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535