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Located on one of the Upper East Side's most historic and pristine townhouse blocks, 232 East 68th Street is a beautifully appointed, 18ft wide, two-family townhouse featuring a gated arrival and brand-new facade. Offering approximately 6, 000 square feet of interior space plus 490 square feet of exterior, and three separate entrances, the home is as versatile as it is distinguished - currently configured as an owner's triplex plus a duplex rental above yet easily reimagined as a magnificent single-family residence or community facility property.
The owner's triplex residence is anchored by a dramatic south-facing formal living room with floor-to-ceiling sliding glass doors that open directly onto a sun-drenched, private garden - a true urban sanctuary. A formal dining room with a wood-burning fireplace and custom built-ins sets the stage for elegant entertaining, while a chef's kitchen features a breakfast bar and premium appliances including a Viking four-burner range, Bosch dishwasher, and Sub-Zero refrigerator. The lower level offers a flexible recreation room nearly 60 ft in length with separate street entrance and natural light from a skylight above - ideal for a home workspace or low-traffic professional use, and an excellent fit for an architect, designer, therapist, or practitioner who values the privacy of incoming and outgoing guests. A dedicated laundry room, wine storage, and extensive built-in storage complete this level. Central air with multi-zones, elegant hardwood floors, and extensive custom storage exist throughout the home.
Above the main living/dining floor, the upper story of the owner's triplex boasts 10. 5ft ceilings and is devoted entirely to bedrooms, including a spacious primary suite with a generous walk-in closet and 5-piece sandstone-clad ensuite bath, a second bedroom, and an additional full bath - providing a quiet, private retreat well removed from the home's main entertaining and working spaces.
The upper duplex, accessible via its own private gated entrance, arrives to a marble foyer and is currently rented to a market rate tenant. The third floor presents a sun-filled living room with a fireplace, an adjoining den, expansive kitchen, formal dining room, powder room, and laundry. The fourth floor houses a skylight, generously sized primary suite with a five-fixture spa-like bath and a wall of custom closets plus private balcony, a second bedroom, a home office or optional third bedroom and additional full bath.
For the visionary buyer or investor, the property offers significant upside. With buildable rights of 8, 500 square feet for residential use and 10, 500 square feet for community facility use, it holds strong potential for future expansion or conversion to a medical, educational, or nonprofit facility. Set on one of the Upper East Side's most coveted blocks, 232 East 68th Street enjoys an incredibly convenient and accessible location, with effortless access to schools, world-class museums, exceptional restaurants, art galleries, and the boutiques on Madison Avenue. Whether enjoyed as a magnificent private residence, a turnkey investment, or a sophisticated hybrid of home and workspace, this is an exceptional offering in one of Manhattan's most desirable neighborhoods.
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:
$7,500,000
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 | $6,000,000 | $6,000,000 | $6,000,000 |
| 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 | $6,912 | $6,912 | $6,912 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $34,067 | $36,457 | $50,631 |
| Total Monthly Payment | $41,104 | $43,494 | $57,668 |
* 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.