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Priced to sell and major price reduction!
Expansive 1800sf Duplex Loft in a Historic 1899 Schoolhouse Conversion!
Discover a truly unique home in a beautifully converted 1899 schoolhouse. Offering approximately 1, 800 square feet of living space, this oversized duplex loft is currently configured and used as a 4-bedroom residence, with the potential for a 5-bedroom layout.
Designed for comfortable family living, the apartment features an exceptional floor plan with bathrooms on both levels. The main floor includes a spacious open kitchen, a dramatic double-height living room with soaring 14-foot ceilings, a large foyer/reception area, and a flexible bonus room that can serve as a den, home office, or fourth bedroom, along with a full bath.
Upstairs, you'll find three bedrooms, another full bath, and an in-unit washer/dryer. Wraparound 10-foot windows flood the home with natural light throughout the day, enhancing the loft's airy and inviting atmosphere.
Located in Magnolia Mansion, residents enjoy access to a rare and expansive shared backyard-an exceptional amenity in New York City. Convenient transportation options are nearby, and the Second Avenue Subway's Q train extension is just a block away, adding even greater accessibility.
Whether you're seeking a spacious family home, a live/work environment, or an exceptional space for entertaining, this one-of-a-kind loft offers endless possibilities. Bring your vision and transform this remarkable property into your dream home.
Discover a truly unique home in a beautifully converted 1899 schoolhouse. Offering approximately 1, 800 square feet of living space, this oversized duplex loft is currently configured and used as a 4-bedroom residence or 3 bedroom with home office!
Designed for comfortable family living, the apartment features an exceptional floor plan with bathrooms on both levels. The main floor includes a spacious open kitchen, a dramatic double-height living room with soaring 14-foot ceilings, a large foyer/reception area, and a flexible bonus room that can serve as a den, home office, or fourth bedroom, along with a full bath.
Upstairs, you'll find three bedrooms, another full bath, and an in-unit washer/dryer. Wraparound 10-foot windows flood the home with natural light throughout the day, enhancing the loft's airy and inviting atmosphere.
Located in Magnolia Mansion, residents enjoy access to a rare and expansive shared backyard-an exceptional amenity in New York City. Convenient transportation options are nearby, and the Second Avenue Subway's Q train extension is just a block away, adding even greater accessibility.
Whether you're seeking a spacious family home, a live/work environment, or an exceptional space for entertaining, this one-of-a-kind loft offers endless possibilities. Bring your vision and transform this remarkable property into your dream home.
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:
$779,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $623,200 | $623,200 | $623,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.615% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,732 | $3,935 | $5,175 |
| Total Monthly Payment | $3,824 | $4,027 | $5,267 |
* 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.