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New York (Gramercy Park), NY, 10003 | $4,950,000
329 East 18th Street offers a rare opportunity to create a custom townhouse on a block of 33 townhouses just off Gramercy Park.
Twenty feet wide and four stories tall, plus a fully excavated, benched cellar, the home spans approximately 4, 800 square feet on a 92-foot-deep lot with a large garden. It has been completely gutted and features new and sistered structural joists, new electrical service, and a new sewer line with substantial drainage and sump pumps.
Located outside of the historic district, 329 East 18th Street has a maximum buildable area of 5, 520 Square Feet subject to D. O. B. approval. With its structural groundwork well advanced and a high-end window package on site and included in the sale, the property is primed for a seamless transformation as an exquisite single-family home, or as multi-family residence for live with income or pure investment.
Perfectly positioned on a picturesque, tree-lined block between Gramercy Park and Stuyvesant Square, the location combines the tranquility of a classic residential street with the vibrancy of downtown living. Residents will enjoy close proximity to Union Square, Irving Place, and some of the city's best restaurants, shops, and transportation.
Features
- Town: New York
- Rooms: 10
- Bedrooms: 5
- Baths: 3 full / 1 half
- Lot Size: 92.00x20.00
- Laundry: In Unit
- Style: Walk-Up
- Year Built: 1910
- Basement: Other
- Approx Sq. Feet: 4,800
- Lot Size: 92.00x20.00
- Est. Taxes: $63,180
- View: Other
- Pet Policy: Building Yes,No
- MLS#: RLS20072475
- Days on Market: 93 days
- Website: https://www.raveis.com
/eprop/RLS20072475/329e18thstreet_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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- Market your home to realize a quick sale at the best possible price
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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 (Gramercy Park), NY, 10003
$4,950,000
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 | $3,960,000 | $3,960,000 | $3,960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $5,265 | $5,265 | $5,265 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $22,484 | $24,382 | $33,417 |
| Total Monthly Payment | $27,874 | $29,772 | $38,807 |
* 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