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Great Warren Street building has original late 19th century display windows and duplex residence above. A wonderful opportunity for live/work situation or just a great investment. Renovated in 2000, with cedar siding installed 2011, the sunny third floor has a central kitchen area and half-bath flanked by two open living spaces: the north space, with a wall of bookcases, overlooks historic Warren Street, and the cozy south space opens to a balcony with views of the enchanting garden space below, neighboring buildings, trees, and a glimpse of Mount Merino. The renovated kitchen has a Viking gas range, ample cupboards, stainless dishwasher and fridge, Corian counters and sink. The second floor consists of two bedrooms: one in the north and one in the south with an office, laundry, and full bath in the middle. A small alleyway between this building and the east neighbor’s mostly ivy-covered blank brick wall allows east facing windows on each of the two upper floors. (In the past, an apartment was on each floor and could be returned to this use. ) The ground floor 1000 sq ft retail space consists of three spaces (with tin ceilings and partial tin walls) and a half bath. During a previous renovation for a boutique restaurant, a new sprinkler system was installed that now provides additional opportunities for a wide range of commercial uses. In the rear alley (Cherry Alley) there is a sturdy brick carriage house with one-car garage on the ground floor and, on the second level, a remarkable unaltered but deteriorated two-room coachman quarters with intact original wallpaper, shelves, cupboards, and windows opening to views of the neighborhood trees and backyards. This space has great potential as restored living space or studio space. The small, fenced garden and potting shed attached to the carriage house, complete this charming offering in the midst of lower Warren’s renaissance, steps to the Maker, shops, garden nursery, and restaurants, a short walk to Amtrak and the Hudson River.
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Our Executive Mortgage Banker:
Our Insurance Division:
$995,000
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 | $796,000 | $796,000 | $796,000 |
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% | 6.764% | 6.309% |
Monthly Tax Payment | $1,101 | $1,101 | $1,101 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,582 | $5,097 | $6,771 |
Total Monthly Payment | $5,775 | $6,290 | $7,964 |
* 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.