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Welcome to 13 West 89th Street, a classic brownstone built in 1894 by architects Neville & Bagge in the Renaissance Revival style. Offering the potential for single-family conversion, an appealing live-with-income or investment opportunity, this property is located just two brownstones west of Central Park West. The 19. 5-foot wide, 5-unit home spans approximately 6, 395 square feet and is currently configured to maximize both luxurious living and rental income. The owner’s duplex, comprising the 2nd and 3rd levels, features 11’8” ceiling heights on the parlor level, creating an airy and grand atmosphere. Designed in a clean and modern style, the parlor level features a formal living and dining space, an office, and an eat-in kitchen. A standout design element is the wrap-around staircase with a floating stair, seamlessly blending form and function while adding a touch of architectural elegance. The third floor features a flexible rear wing that can serve as a playroom, office, or additional living area, two bedrooms, and a washer and dryer for added convenience. The primary suite offers comfort and privacy, highlighted by a gorgeous and original wood-frame bay window that brings in incredible sunlight. The 4th floor features a 2-bedroom floor-through apartment with an in-unit washer-dryer and private terrace, perfect for enjoying outdoor space and sunlight. The top floor hosts two one-bedroom apartments, both ideal for rental income or accommodating guests. The garden unit is a spacious 2-bedroom residence with private garden access, providing a tranquil respite in the heart of the city. As the building will be delivered vacant, there is optionality for a single-family conversion or the opportunity to live expense-free in a live-with-income property. Located just steps from Central Park, this neighborhood includes top Manhattan schools, restaurants, shopping, and cultural institutions—offering the best of Upper West Side living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,250,000
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 | $5,000,000 | $5,000,000 | $5,000,000 |
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 | $8,719 | $8,719 | $8,719 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $28,783 | $32,016 | $42,531 |
Total Monthly Payment | $37,627 | $40,860 | $51,375 |
* 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.