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Presented by![]() Fred DeMatteo |
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!
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Our Executive Mortgage Banker:
Our Executive Mortgage Banker:
Our Insurance Division:
$2,395,000
Sales Associate
William Raveis Real Estate
Phone: 203.258.1639
Fred.DeMatteo@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 914.260.5535
Mace.Rattet@raveis.com
NMLS Mortgage Loan Originator ID 69957
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.