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Welcome to the newest hot neighborhood Downtown, TriBeCa East, a discreet set of blocks off Broadway below Canal Street that is currently going through its own Renaissance of high end development, retail renewal and a burgeoning gallery scene. This spectacular duplex penthouse condo is sure to impress with its double height skylight peaking 27ft above the fifth floor entry. Two floors of ebony stained hardwood connected by a graceful wood tread and steel staircase allowing for three large bedrooms, three full baths and two spacious private terraces with North and South exposures.
A welcoming 23ft by 23ft living room is complete with gas fireplace, wet bar and dining area. The kitchen is a chef's workout space, with a 6 burner Viking stove w/ grill venting to the outside, Sub-Zero refrigerator, Bosch dishwasher, cabinets by Woodmere, titanium backsplash and a double-width deep basin sink with waste disposal unit and its own water purification system. A second gathering and entertaining area cozily set in a corner just off the kitchen. The large downstairs bedroom has extensive closet space and a dressing area with custom built-ins. The full bath on this floor is slate with Roburn cabinets and a Groehe sink.
Ascend to the upper floor via an elegantly assembled hardwood and steel centerpiece staircase by Weng Steel Designs. Here one finds both a generously sized primary suite, and a third bedroom or home office. The primary suite is pin-drop quiet with great natural light and has custom built-ins, two dressing areas and a large private terrace with a motorized awning. The en-suite primary bath is a luxurious retreat from hectic city-life, with California river stones, a double Jacuzzi, Groehe sink, two rain showerheads, an automatic de-fogging system for the vanity and a waterfall down the back wall - this is an experience not to be missed. The third bedroom gets incredible light through a wall of windows and its own large skylight. This bedroom opens onto a landscaped terrace with open North views and features its own marble bathroom with a European steam shower. The upper floor can also be accessed via the elevator to the 6th floor landing entry. Additional features include a silent central AC system, washer and dryer, video intercom and full irrigation systems on the planted terraces.
An 11-unit boutique condominium comprised of two 19th century loft buildings, next to the landmarked legendary Mudd Club. New condominium and hotel projects are targeting this strip of Tribeca as the next truly fascinating part of Downtown. Cortlandt Alley is perhaps the last go-to classic "gritty urban back alley" in Manhattan, used as a backdrop by countless fashion photographers and film directors of all sorts. Access to all the adventurous TriBeCa, SoHo and Chinatown restaurants and stores, as well as to several transportation options. Sponsor sale, purchaser responsible for transfer taxes.
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Our Executive Mortgage Banker:
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$5,650,000
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 | $4,520,000 | $4,520,000 | $4,520,000 |
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 | $26,020 | $28,942 | $38,448 |
Total Monthly Payment | $26,145 | $29,067 | $38,573 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.