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Situated on the sun-flooded northeast corner of 176 East 71st Street, this exceptional penthouse is one of only three apartments on the floor. Surrounded by a wall of windows, the living, dining and chef's kitchen create a very open and airy great room, unfolding with effortless flow, while the split-bedroom layout ensures privacy in separate wings.
Three beautifully proportioned terraces wrap the home, creating a true extension of the living space. The expansive north-facing terrace captures open city and Park views and is fully equipped with water and electricity-ideal for elegant outdoor dining, landscape design, or sophisticated entertainment. A secondary east-facing terrace offers a more intimate setting, while the private terrace off the primary suite provides a serene retreat.
The windowed chef's kitchen is thoughtfully appointed with custom cabinetry, a dining bar, designer appliances, wine chiller, underside lighting, and more. Both bathrooms are tastefully updated with a timeless sensibility.
A separate laundry room, central heating and air conditioning, parquet floors, generous custom closet space (including a large walk-in), and extensive wall space to showcase the most extensive art collection, complete this sophisticated residence.
Built as a cooperative in 1962, The Townsend House at 176 East 71st Street is a 20-story luxury full-service building. Services include a live-in Resident Manager, and 24-hour door staff and concierge. Amenities include an in-house gym, bike room, storage bins for each apartment, additional laundry facilities, and an on-site parking garage. Dogs permitted on a case-by-case basis.
Perfectly situated on the southwest corner of 71st Street and 3rd Avenue, on one of the prettiest tree-lined townhouse blocks in the heart of the Upper Eastside, and close to Central Park, the finest restaurants, shopping, gourmet markets, and cultural institutions, as well as all forms of public transportation, a rare and unique terraced home like this only comes along once.
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:
$2,250,000
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 | $1,800,000 | $1,800,000 | $1,800,000 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,220 | $10,937 | $15,189 |
| Total Monthly Payment | $10,345 | $11,062 | $15,314 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.