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Situated on a coveted, tree-lined block on the Upper East Side, 238 East 68th Street is a sophisticated five-story single-family townhouse offering grand scale, radiant light, and tranquility. Impeccably renovated by award-winning architect Mark Stumer, this pristine house boasts fifteen rooms spanning approximately 6, 500 square feet of interior living as well as a landscaped south-facing garden and finished rooftop terrace.
Greeted by a dramatic double-height ceiling gallery, the proper foyer opens to a spacious mudroom with plentiful storage and a powder room. Continue down the hallway and you will find an en-suite bedroom with access to the garden. Completing the floor is a four-person elevator with cherry wood and mahogany hoistway doors that serve the entire residence.
One flight up the glass-enclosed staircase, the remarkably grand living/dining room exudes sophistication and elegance and is bathed in sunlight. The room is complete with a marble fireplace and a gorgeous wet bar to allow for easy entertaining.
The dining room flows to an enormous eat-in kitchen, which boasts top-of-the-line appliances and a wall of south-facing windows, allowing for natural southern light to stream in. The kitchen is perfectly positioned overlooking the garden with access via a staircase. The expansive and beautifully landscaped garden has a delightful pergola and BBQ area, providing a serene escape from the city.
The third and fourth floors are the designated living quarters. The primary floor encompasses complete luxury and functionality allowing circular access from the primary bedroom, connected to the beautifully appointed bathroom, to the gracious dressing room, and lastly to the refined library. The fourth and fifth floors feature three oversized bedrooms with en-suite bathrooms and several closets. The fifth floor is the ultimate sanctuary for relaxing and entertaining, paired with a finished rooftop for seamless indoor/outdoor living.
The lower level, currently utilized as a gym, has endless recreational space and flexibility, in addition to a second powder room and an abundance of storage. Off the gym is the laundry room that exceeds expectations with two stacked washers and dryers, a full sink, shelving, and a large closet. Additional comforts include recessed electric blackout blinds in the bedrooms, a video intercom security system, and multi-zone central air-conditioning.
Located in the heart of the Upper East Side, 238 East 68th Street is moments away from Central Park and amongst the city’s finest shops, restaurants, and multiple subway lines.
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Our Executive Mortgage Banker:
Our Insurance Division:
$12,000,000
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 |
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Loan Amount | $9,600,000 | $9,600,000 | $9,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.712% | 6.764% | 6.435% |
Monthly Tax Payment | $7,271 | $7,271 | $7,271 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $56,023 | $61,470 | $82,313 |
Total Monthly Payment | $63,419 | $68,866 | $89,709 |
* 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.