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Welcome home to this lovingly cared for two-family brick townhouse on a park block in the vibrant, business and artistic haven that is Sunset Park. This building offers an incredible blend of original pre-war details with updated renovation while retaining the original layout to allow for unlimited potential and flexibility for a buyer with a keen eye for design to explore myriads living configuration opportunities.
This turn of the century 20 x 50 townhouse on a quaint tree-lined, park block still retains tons of original details such as decorative fireplaces, pocket doors, carved woodwork and moldings. Sitting on a 20x100 lot, the gorgeous 1910 townhouse has approximately 3, 000 sqft spanning 3 floors.
The Garden level is a huge, full floor 1 Bedroom, with a large great room and full bath with direct access to the beautifully, lushed garden. The Parlor Floor which has a 2 Bedroom with an open kitchen and dining room with tons of period details is part of the upper duplex together with the garden level.
The top floor features an income generating 2 bedroom, home office, 1 bathroom with a huge living room adjacent to a dining room and windowed kitchen. The bathroom has been updated and the apt is in great condition. It is ready for immediate rental to subsidize your mortgage payment or keep this floor to create as an enormous single family.
415 42nd Street is on a treelined, park block leading to the neighborhood's namesake, Sunset Park, that offers expansive green space, incredible panoramic views of NYC and the entire harbor. It also has a waterfront park and is 2 blocks to the excitement of Industry City - a growing hub for commerce, artistic endeavors and a diverse culinary scene for years to come.
The neighborhood has easy access to public transportation with the D, N and R as well as the NYC Ferry. Visit this wonderful townhouse to see what an amazing opportunity it offers.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
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 |
|
---|---|---|---|
Loan Amount | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.751% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,885 | $7,658 | $10,173 |
Total Monthly Payment | $7,010 | $7,783 | $10,298 |
* 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.