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A rare opportunity to acquire a legal two-family townhouse on iconic Riverside Drive, offering four levels of living space, pre-war architectural character, and exceptional long-term upside. Properties of this scale and flexibility rarely come to market along this historic corridor. The residence features five bedrooms, generous proportions, original details, and a multi-level layout that reads as three stories from the street while revealing its full four-level depth from the rear—an architectural distinction characteristic of classic Riverside Drive homes. A private balcony further enhances the home’s unique profile. A truly standout feature, especially in Manhattan, is the three-car garage, with each bay offering its own separate entrance. In a neighborhood where parking is exceptionally limited, this level of off-street parking is extraordinarily rare and adds meaningful value, flexibility, and income potential to the property. Whether used for personal convenience, storage, or alternative configurations, the garage alone sets this home apart from nearly all comparable offerings. The property is being offered in as-is condition and requires renovation, presenting a compelling opportunity for an end user, investor, or restoration-minded buyer to reimagine and enhance a home rich with historic character. Located moments from Riverside Park, transportation, and neighborhood amenities, this is a distinctive offering combining history, scale, and a feature set seldom found in Manhattan townhouses at this price point.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,990,000
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 | $1,592,000 | $1,592,000 | $1,592,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.125% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.021% | 6.110% | 5.932% |
| Monthly Tax Payment | $827 | $827 | $827 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,668 | $9,545 | $13,220 |
| Total Monthly Payment | $9,620 | $10,497 | $14,172 |
* 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.