|
|
A rare opportunity to restore and reimagine a historic Upper West Side townhouse on one of the neighborhood’s most beautiful tree-lined blocks. This elegant residence is rich with original architectural details, timeless charm, and offers extraordinary potential. Originally constructed in the late 19th century as part of a distinguished row of Renaissance Revival brownstones, the home retains many of its original features, including intricate moldings, decorative paneling, six fireplaces, and soaring ceiling heights throughout. An elegant stoop entry leads into graciously scaled rooms filled with warmth, character, and historic authenticity. The house offers an exceptional foundation for customization, presenting a rare chance to create a truly remarkable residence while honoring the integrity of its historic design. A large south-facing garden provides beautiful natural light and a peaceful outdoor retreat rarely found in Manhattan townhouse living. Perfectly positioned moments from Riverside Park, Central Park, Lincoln Center, and the best of the Upper West Side’s celebrated restaurants, schools, and cultural institutions, 266 West 71st Street represents a rare opportunity to restore and personalize a significant piece of New York architectural history — an elegant townhouse rich with original craftsmanship, scale, and character. 266 West 71st Street is currently zoned as a Hotel (H3), presenting the rare opportunity to acquire a property with this desirable zoning, or convert the certificate of occupancy to a single family residential home, as the property is located in a residential (R8B) district.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$4,995,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,996,000 | $3,996,000 | $3,996,000 |
| 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 | $3,313 | $3,313 | $3,313 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $22,689 | $24,280 | $33,721 |
| Total Monthly Payment | $26,127 | $27,718 | $37,159 |
* 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.