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327 East 18th Street is a 20-foot-wide townhouse on one of Gramercy's most charming, architecturally interesting blocks. Bright, open, and loft-like throughout, the house blends a contemporary aesthetic with warm townhouse character, centered around a spectacular landscaped garden and expansive entertaining spaces.
Entered through a classic stoop, the parlor floor opens into an impressive full-width living room with soaring, 12-foot ceilings, oversized windows, and exceptional scale. Bright and airy throughout, the space has a distinctly loft-like feel while still maintaining the warmth of townhouse living. A separate lounge or music area creates flexibility for entertaining, media, or work-from-home use, while a front bedroom or office and powder room complete the level.
Below, the garden level is designed for seamless indoor-outdoor living. A spacious dining room sits at the front of the home, leading into a sleek open kitchen with center island and direct sightlines through the entire floor. At the rear, an oversized den and living area is framed by dramatic floor-to-ceiling glass overlooking the beautifully landscaped 20-foot-wide garden, creating incredible natural light and an indoor-outdoor connection rarely found in townhouse living. A powder room completes the floor.
The third floor is dedicated to the primary suite. The oversized rear-facing bedroom overlooks the gardens below and is complemented by a large dressing room, multiple closets, and a bath. At the front of the floor is a substantial office or additional bedroom, ideal as a private study, nursery, or creative workspace.
The fourth floor features three bedrooms, flooded with natural light, along with multiple closets and two baths, of which one is en-suite for the oversized bedroom in the back. Skylights above bring even more light into the upper level, continuing the home's bright and open atmosphere.
Below it all, the finished cellar level offers substantial bonus space with a large recreation room, laundry area, storage, and mechanical room.
Lovingly maintained by the same owners since 1991, the home underwent a significant renovation in 1995 that introduced many of the open, loft-like elements that define the property today. Structural improvements completed during that renovation include steel beam installations and substantial infrastructure upgrades, helping create the expansive entertaining spaces and seamless flow found throughout the 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.
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Our Executive Mortgage Banker:
$5,995,000
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
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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 | $4,796,000 | $4,796,000 | $4,796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $3,259 | $3,259 | $3,259 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $27,231 | $29,530 | $40,471 |
| Total Monthly Payment | $30,615 | $32,914 | $43,855 |
* 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.