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197 East 76th Street is a south-facing townhouse offering an exceptional blend of elegance, space, comfort, privacy and convenience in the heart of Lenox Hill. This charming residence boasts a private elevator, a stunning sunroom and accompanying terrace, and an inviting layout spread across five floors.
The building also enjoys the flexibility of mixed-use zoning and the first floor is currently used as a retail space with a separate entrance, occupied by a high-end chocolate shop. Live in the residential unit and continue to rent out the commercial unit for income, create a live-work situation, or convert the townhouse to a single family residence with the turn of a key. The first floor also encompasses a private entrance foyer for the residential unit as well with room for a bike or stroller.
The second floor boasts a full-floor living room with a dramatic decorative fireplace, beautiful built-in bookcases, abundant natural light, and a convenient powder room and walk-in closet.
The kitchen/dining on the third floor is equipped with a Viking range, sub-zero refrigerator, Bosch dishwasher, and a Miele washer/dryer. A large pass-through kitchen window opens into a refined dining room with a second decorative fireplace, built-in bookcases and four windows spanning the space.
The fourth floor takes you to two bedrooms, which share a full bathroom and walk-in closet. The fifth floor is dedicated to the primary bedroom suite, which boasts two walk-in closets and an en-suite bathroom with a double vanity.
The top floor features the crown jewel of the townhouse, a rare and gorgeous sunroom with a rooftop terrace, perfect for entertaining guests or just enjoying the convenience of the outdoors in your home. The floor could also double as another bedroom suite complete with an ensuite bath, a second living room/den with a wet bar, or an expansive home office.
The basement floor includes a half-bath, space for mechanicals and is currently used as storage for the retail space.
Please note the elevator services the residential unit and runs between floors two and six.
The townhouse is ideally located in the heart of Lenox Hill on one of the best streets in the Upper East Side. The 6 train is just around the corner, and the Second Avenue Q train and M79 crosstown bus are a few blocks away. The property neighbors some of Manhattans most iconic high-street retail and hotels, including Madison Avenue, The Carlyle, and The Mark. York Theatre Company is ideally located across the street while Caf Carlyle and Museum Mile are just a short distance away. The townhouse is conveniently situated between Central Park to the West and John Jay Park to the East, and New York Sports Club and Equinox are both a block away. Wonderful nearby dining options like JG Melon, Seamores, Up Thai, A la Turka, and Persepolis can be finished off by grabbing something sweet at Breads Bakery or Van Leeuwen Ice Cream.
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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 | $3,420,000 | $3,420,000 | $3,420,000 |
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% | 6.739% | 6.435% |
Monthly Tax Payment | $4,604 | $4,604 | $4,604 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,958 | $21,899 | $29,324 |
Total Monthly Payment | $24,687 | $26,628 | $34,053 |
* 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.