406 N Broadway, Nyack, NY, 10960 | $1,190,000

Lochbourne – Woven into the very fabric of Upper Nyack, Lochbourne is one of the original “Barons of Broadway” mansions. Built circa 1865, this extraordinary residence remains a living testament to its remarkable past – as a summer retreat for the affluent, home to noted luminaries, and historical accounts suggesting it may have been a stop on the Underground Railroad. Unparalleled architectural integrity and craftsmanship virtually unchanged for over a century and a half. From the moment you step onto the gracious covered veranda, you are transported to another era. The grand entry foyer welcomes you with a sweeping staircase and an immediate sense of scale. Throughout the home, rich chestnut woodwork and exquisite parquet floors create warmth, depth and timeless elegance. Designed for both formal entertaining and comfortable living, the layout has exceptional flow and grandly proportioned rooms. A spectacular front-to-back living room/library spans the entire south side of the house, filling the space with natural light. Pocket doors open to the dining room, parlor, sitting room and playroom, allowing for intimate gatherings or large celebrations. An enclosed sunroom and a butler’s pantry — complete with back staircase — enhance the charm. On the second floor you will find five bedrooms including a truly magnificent primary bedroom with an 18-foot cathedral ceiling, and one bedroom with its own private balcony overlooking the backyard. Two full baths round out the second floor. The third level offers remarkable versatility with a large great room/media room, two additional bedrooms, a den and a full bath — ideal for guests, au pair or just extra living space. A special bonus is the carriage house with a double-height, three-car garage offering tons of uses – art studio, home office or whatever you choose. Set on 2. 18 acres of lush grounds, the property provides privacy and room to breathe. This gracious estate is in need of updating and provides a rare opportunity for the next steward to thoughtfully restore and reimagine this architectural treasure. With vision and investment, this grand mansion can once again shine at its full brilliance. A truly special opportunity to restore one of Upper Nyack’s most significant homes.

Features

  • Rooms: 16
  • Bedrooms: 7
  • Baths: 3 full / 1 half
  • Style: Mini Estate, Victorian
  • Year Built: 1865
  • Garage: 3-car
  • Heating: Steam
  • Cooling: None
  • Basement: Full, Unfinished
  • Approx Sq. Feet: 5,353
  • Acreage: 2.18
  • Est. Taxes: $37,243
  • Elem. School: Upper Nyack
  • Middle School: Nyack Middle School
  • High School: Nyack Senior High School
  • School District: Nyack
  • Appliances: Gas Water Heater
  • MLS#: 966810
  • Days on Market: 42 days
  • Website: https://www.raveis.com
    /eprop/966810/406nbroadway_nyack_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Howard Hanna Rand Realty   Phone: 845-358-7310

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

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516.739.7731

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406 N Broadway, Nyack, NY, 10960

$1,190,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $952,000 $952,000 $952,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 5.875% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.021% 5.984% 5.806%
Monthly Tax Payment $3,104 $3,104 $3,104
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,184 $5,631 $7,842
Total Monthly Payment $8,413 $8,860 $11,071

* 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.