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Situated on a quiet, sun-filled block in the heart of Kips Bay, 226 East 32nd Street is a beautifully maintained five-story townhouse configured as four thoughtfully laid-out residences, including a charming garden duplex with private outdoor space.
This turnkey property has been carefully cared for over the years, offering the rare opportunity to move in or rent immediately without the uncertainty, expense, or disruption of a renovation. The layout is ideally suited for an owner seeking a comfortable live-in residence with strong supplemental income from the additional units.
Moments from Grand Central Station, The Morgan Library & Museum, and the Empire State Building, the neighborhood also offers the ease of everyday living, with a movie theater just around the corner and an excellent mix of local restaurants and coffee shops that give the area an inviting vibe.
226 East 32nd Street presents a rare combination of condition, configuration, and location-an ideal opportunity for an end-user or investor seeking immediate usability and long-term value.
Added bonus: there is a full staircase to the roof, making it much easier for one to add a roof deck. Please check with DOB for approval.
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:
$5,500,000
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 | $4,400,000 | $4,400,000 | $4,400,000 |
| 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 | $5,649 | $5,649 | $5,649 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $24,639 | $26,735 | $36,833 |
| Total Monthly Payment | $30,413 | $32,509 | $42,607 |
* 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.