451 162nd Street, New York (New York (Manhattan)), NY, 10032 | $2,395,000

The Opportunity of a Lifetime is Here – Act Fast! Step right up, because this is your once-in-a-lifetime chance to own a stunning, income-generating 4-family brownstone in one of New York’s most legendary neighborhoods – just steps from the iconic Columbia Presbyterian Hospital! Live the dream, or invest in the perfect property that offers the BEST of both worlds. Imagine living in a gorgeous brownstone while collecting income from three other units. It’s all yours for the taking! This incredible 4, 320 square-foot treasure is Semi-occupied, with two units on secure leases and two vacant, all at fair-market rates. That’s income from day one! Situated on a picturesque, tree-lined street, you’ll be just a stone's throw away from the historic Morris-Jumel Mansion – Manhattan’s oldest house and George Washington’s residence during the Revolutionary War! Built in 1905, this 20-foot wide beauty boasts a jaw-dropping limestone facade and exquisite original details throughout. You’ll love the original hardwood floors, which are in pristine condition, and the gorgeous carved wood-mantled fireplaces that grace every single apartment (two in three of them!). The oversized front and rear windows flood each unit with abundant light, and the soaring 10-foot-plus ceilings make this property feel like a true grand masterpiece. Worried about upkeep? Don’t be! This property has been meticulously cared for with updated wiring, a brand new roof in 2010, and a stunning interior staircase installed in 2009 – no creaks here! Every apartment is a spacious 2-bedroom, 1-bath floor-thru, with updates made over the last five years to the parlor and third-floor units, and the ground-floor kitchen and bathroom revamped in 2021. And the best part? The 163rd Street C Train stop is literally across the street – making commuting a breeze and turning this into an investment dream come true. Don’t wait – this once-in-a-lifetime property won’t last! Whether you want to live in a piece of history or capitalize on a prime income-generating investment, this brownstone has it all! Financials available upon request. This is your moment – seize it!

Features

  • Town: New York
  • Style: Quadruplex
  • Year Built: 1905
  • Heating: Electric, Natural Gas
  • Cooling: Electric, Wall/Window Unit(s)
  • Basement: Finished, Full
  • Est. Taxes: $16,162
  • Elem. School: Contact Agent
  • Middle School: Contact Agent
  • High School: Contact Agent
  • School District: Manhattan 6
  • MLS#: 842401
  • Days on Market: 6 days
  • Website: https://www.raveis.com
    /eprop/842401/451162ndstreet_newyork_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.

William Raveis Family of Services

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.

Fred DeMatteoSales Associate

203.258.1639

Fred.DeMatteo@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Mace L. RattetVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69957

914.260.5535

Mace.Rattet@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Francine SilbermanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 69244

914.260.2006

Francine.Silberman@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

451 162nd Street, New York (New York (Manhattan)), NY, 10032

$2,395,000

Fred DeMatteo

Sales Associate

William Raveis Real Estate

Phone: 203.258.1639

Fred.DeMatteo@raveis.com

Mace L. Rattet

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.5535

Mace.Rattet@raveis.com

NMLS Mortgage Loan Originator ID 69957

Francine Silberman

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 914.260.2006

Francine.Silberman@raveis.com

NMLS Mortgage Loan Originator ID 69244

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,916,000 $1,916,000 $1,916,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.250% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.517% 6.235% 6.058%
Monthly Tax Payment $1,347 $1,347 $1,347
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,580 $11,642 $16,039
Total Monthly Payment $12,052 $13,114 $17,511

* 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.