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Nestled among some of New York's most coveted addresses, 40 East 63rd Street offers a rare opportunity to own a historic brownstone just moments from Central Park and the vibrancy and elegance of Madison Avenue. Sharing the tree-lined block of the celebrated Lowell Hotel, this exceptional approximately 5, 000 sq. ft. , 15 ft. -wide five-story full-basement residence was built in 1910 and designed in the Italianate style by noted architect J. H. Valentine. Currently configured as four separate apartments, 40 East 63rd Street could easily be renovated as a spectacular single-family residence or preserved as an income-generating property. Delivered vacant.
The expansive garden duplex features three bedrooms, one full bath, and two half baths. A spacious living and dining area opens onto a private, sun-filled rear garden, creating an ideal setting for both everyday living and entertaining. A roomy bedroom overlooks the front garden while the open kitchen features a Bosch stove and microwave. The upper level offers two beautifully proportioned bedrooms with 10'10' ceilings, generous closets, the primary bedroom with en-suite bath.
The third floor contains a one bedroom/one bath apartment with a spacious street-facing living/dining area, an efficient kitchen and a bedroom space with garden views. Full bath, closets and a wood-burning fireplace are enhanced by this floor's 10'2" ceilings.
The fourth floor one bedroom/one bath apartment balances a charming living/dining area with an ample bedroom, the latter opening onto a lovely 200 sq. ft. terrace. Galley kitchen, wood-burning fireplace and a full bath as well as numerous closets and 9'6" ceilings.
The penthouse apartment replicates the fourth floor's interior plan but also boasts 11"7' ceilings that rise in the living/dining area to a spectacular central skylight. Additional highlights include hardwood floors throughout, large windows, and a full basement providing abundant storage and utility space.
Surrounded by classic New York atmosphere and some of the world's best restaurants, shopping and art galleries, 40 East 63rd Street awaits its potential reimagining as a truly unique property on one of New York's most exclusive blocks.
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:
$8,395,000
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 | $6,716,000 | $6,716,000 | $6,716,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $8,901 | $8,901 | $8,901 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $38,133 | $40,807 | $56,673 |
| Total Monthly Payment | $47,159 | $49,833 | $65,699 |
* 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.