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THE RESIDENCE: Experience the pinnacle of luxury living in this stunning penthouse, nestled atop a boutique full-service building in the vibrant Financial District. This exclusive retreat boasts 478 square feet of private outdoor space, offering a serene escape from the city's hustle and bustle. Bathed in sunshine from its south and east exposures, the loft-like great room exudes openness and tranquility, accentuated by soaring 11-foot ceilings and expansive windows leading to a sun-drenched terrace. A rare downtown amenity, a stylish fireplace, adds warmth and elegance, perfect for entertaining or unwinding after a busy day. The chef’s kitchen is a culinary enthusiast's dream, featuring sleek lacquer cabinetry, granite countertops, and a premium Viking stove. The primary suite is a sanctuary with a spa-like en-suite bathroom, marble soaking tub, separate glass shower, and dual sink vanity, complemented by a spacious walk-in closet. The second bedroom offers ample storage and a luxurious en-suite bathroom, with an additional powder room conveniently located off the foyer. The apartment is adorned with hardwood flooring, upgraded lighting, and includes a laundry closet with a washer and dryer. THE BUILDING: 59 John Lofts, a visionary conversion by renowned designer Andres Escobar, exemplifies sophistication with its recently upgraded common areas and boutique condominium appeal. Residents enjoy the exclusive use of a large rooftop deck with communal grills, a well-equipped exercise room, and a library lounge for relaxation and social gatherings. THE LOCATION: The Financial District's dynamic transformation heralds unmatched investment potential. Surrounded by premier dining, luxury hotels, and residential developments, 59 John Street is at the epicenter of high-end retail and entertainment. The neighborhood's allure is enhanced by its proximity to transportation, parks, and South Street Seaport. A new Whole Foods adds to the convenience, and Eataly is also steps away. Discover the unparalleled lifestyle awaiting you in this remarkable penthouse. Schedule your private tour today!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,199,000
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 | $1,759,200 | $1,759,200 | $1,759,200 |
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 | $2,693 | $2,693 | $2,693 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,127 | $11,264 | $14,964 |
Total Monthly Payment | $12,945 | $14,082 | $17,782 |
* 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.