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20-foot Townhouse on Central Park Block, Live-with-Income or Ideal Future Single-family
SHOWINGS: Wednesdays only from 11: 00am to 12: 30pm BY APPOINTMENT ONLY
24 West 85th Street is a distinguished, meticulously restored multi-family townhouse ideally positioned just off the park in the coveted Central Park West Historic District. Originally designed in the Neo-Grec style by Steinmetz & Carter in the late 19th century, the residence blends timeless pre-war craftsmanship with refined modern updates. Spanning approximately 8, 290 square feet including the cellar, the property is currently configured as five residential units, offering flexibility for both live-with-income and single-family conversion for end-users. The townhouse will be delivered vacant apart from free-market tenants in the duplex which expires in October 2026.
Interiors are richly appointed with soaring ceilings, elegant crown moldings, warm hardwood floors, and stately fireplaces, creating refined, light-filled living spaces with enduring character. Owned and thoughtfully enhanced by a highly experienced New York City architect, the home reflects a careful balance of historic integrity and modern design. Set on a picturesque, tree-lined block just moments from Central Park and surrounded by cultural institutions, this is a rare opportunity to acquire a townhouse of exceptional scale, character, and potential.
Garden Floor
A warm, private one-bedroom with rich materials and a seamless indoor-outdoor feel. Entered beneath the stoop, it opens to a generous eat-in kitchen with honed granite counters, a large island, and direct access to the landscaped garden with custom bluestone pavers—ideal for entertaining or everyday living. Arched ceiling details add old-world character, paired with wide-plank rustic wood and original barn beam plank floors. Multiple entrances and a connected living area allow flexibility for a home office or guest space, all with a strong sense of privacy.
Parlour Floor, Owner’s Duplex
Designed for entertaining, the parlor level features a full-width dining room with preserved woodwork, a decorative mantel, and original pocket doors that open to a gracious front living room. Off the dining room is the updated kitchen with quartz countertops, multiple south-facing windows, and a washer/vented dryer concealed within custom cabinetry. A powder room sits opposite the grand wrought-iron staircase, while 12-foot ceilings and oversized windows bring exceptional light and scale throughout.
Third Floor, Owner’s Duplex
Two full-width bedrooms create a true private level. The rear primary suite includes a Venetian-plastered en-suite bath with an arched niche over the marble-encased soaking tub by the window. At the front, a full bath sits off the landing, followed by the second full-width bedroom with bay windows—currently set up as an office with custom built-ins. Central air and in-unit laundry add modern comfort while preserving the home’s historic character.
Fourth Floor
Two one-bedroom residences. The rear apartment is renovated for light and indoor-outdoor living, opening to a private terrace. The front apartment offers classic pre-war charm with large windows and a decorative fireplace; it is rent-stabilized and delivered vacant.
Fifth Floor
A bright, airy two-bedroom with multiple skylights and a loft-like feel. Includes a pass-through kitchen with Pietra Cardoza stone countertops, two south-facing bedrooms, ample storage, and built-in shutters—an elevated, quiet retreat at the top of the house.
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:
$6,675,000
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 |
|
|---|---|---|---|
| Loan Amount | $5,340,000 | $5,340,000 | $5,340,000 |
| 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 | $9,213 | $9,213 | $9,213 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $29,902 | $32,446 | $44,702 |
| Total Monthly Payment | $39,239 | $41,783 | $54,039 |
* 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.