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417 West 57th Street
Townhouse in Hell's Kitchen • 
building info
studio • 3 ba • 8,100 ft²
Buy with Yoreevo

$19,666,667

List price

$20,000,000

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Key Details
Days on market
204
Last price change
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Estimated payment
$78,337
Taxes
$0
Monthly maintenance
N/A
Description
Our Saviour New York Lutheran Church was built in 1885 in the late Victorian Gothic style with red brick masonry and terracotta dressing. The property was Landmarked in 2007 and is considered "a superior work of urban architecture". Situated within a prime area of Hell's Kitchen, the subject property is built 50 feet wide. It has 3 entrances from 57th Street, 2 leading to the main church chamber and knave, with soaring 40 foot ceilings, along with offices and a bathroom. The third entrance from the street leads down to the lower level with meeting rooms, bathrooms and a kitchen. The lower level is also accessible through an interior stairwell. The property is situated within an R8 zone, with no commercial overlay, and as such has a FAR of 6.0-6.5. It is built out to approximately 8,000 square feet. This property is best suited for a Religious Institution, a Community Facility, a Non-Profit Organization, or an extraordinary Live/Work Residence. 24 hour notice required for showings.

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History
What it'll cost
Purchase price
$20,000,000
Asking Price: $20,000,000
Term
30 Years
Down Payment
$2,000,000 (10%)
Min: 10% (2,000,000)
Rate
3.3 %
Mortgage Amount
$18,000,000
Mortgage Payment
$78,337
Taxes
$0
Estimated Yoreevo rebate
$333,333
Estimated closing cost
$1,197,000
Total monthly cost $78,337
Buy your dream home with us and get an estimated
$333,333 rebate.
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Courtesy of Berkshire Hathaway

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