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Residence 5 at 138 Reade Street is an exquisite full-floor loft located in a boutique condominium, offering a unique blend of luxury, privacy, and sophistication in the heart of Tribeca. This meticulously designed residence spans 2, 054 square feet and is a convertible three-bedroom home, beautifully illuminated by natural light through its expansive mahogany tilt-and-turn windows, which provide southern, eastern, and northern exposures. The home also boasts a private balcony equipped with a plumbed outdoor grill, perfect for al fresco dining. Upon arrival, the intimate elevator landing opens directly into a windowed foyer, adorned with sleek blackened stainless steel walls and elegant mahogany bench seating. A secondary doorway enhances security and facilitates easy access. This inviting foyer transitions seamlessly into the heart of the home, where custom floor-to-ceiling White Oak millwork discreetly conceals ample closets and storage spaces. White Oak flooring runs throughout the residence, enhancing its elegance and functionality. Thoughtfully crafted storage solutions, including custom built-ins under the windows, are seamlessly integrated into both the living spaces and bedrooms. The expansive south-facing living room, with soaring 10. 4-foot ceilings, amplifies the sense of space. A stunning blackened steel-sheathed wood-burning fireplace, complete with a sliding glass cover door, serves as a striking focal point. The open floor plan accommodates dedicated living and dining areas, which thoughtfully connect to the open eat-in kitchen, perfect for both entertaining and everyday living. The windowed eat-in kitchen is a chef’s dream, featuring custom white lacquer millwork with thoughtfully designed pull-out drawers and inserts for optimal storage solutions. A mosaic backsplash complements the sleek stainless steel countertops, sink with additional boiling water faucet, and island, which offers bar seating for casual dining. The kitchen is equipped with top-of-the-line appliances, including a Viking four-burner range with a grill and exterior-venting hood, a Bosch dishwasher, and a stainless steel refrigerator and microwave. A Marvel 14-inch wine cooler ensures your collection is perfectly preserved, while the conveniently accessed balcony with a plumbed outdoor grill is ideal for entertaining. For added flexibility, a discreet privacy nested-pocket door allows the kitchen to be closed off when desired. The details and design flow seamlessly throughout the space, with the exquisite floor-to-ceiling White Oak paneled walls guiding you to the bedroom wing. The expansive primary bedroom boasts south and east-facing corner windows, offering picturesque views of the lush James Bogardus Triangle Garden. A thoughtfully curated walk-in closet provides ample storage, while the en-suite primary bath serves as a tranquil sanctuary. It features double sinks with marble countertops, a freestanding glass shower, a deep soaking tub, and radiant heated floors for ultimate comfort. The spacious second bedroom, with its full southern exposure, offers versatile options as a guest suite, home office, or study. It features custom built-in closets, a built-in desk, and shelving for additional storage. Originally designed with a three-bedroom, 2. 5-bath layout, the residence is currently configured as an expansive two-bedroom home. However, there is potential to effortlessly reinstate a generous third bedroom, as demonstrated in the alternate floor plan. The home is outfitted with a state-of-the-art Sonos surround sound system, Lutron lighting, and automatic blinds, offering privacy sheers in common areas and both blackout and sheer shades in the bedrooms. The central HVAC system, controlled by Nest thermostats, ensures effortless climate management and year-round air conditioning. Heating is efficiently provided by steam radiators with adjustable dials for personalized comfort. The residence features a multi-layered security system: a DSC a
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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 | $3,720,000 | $3,720,000 | $3,720,000 |
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 | $3,960 | $3,960 | $3,960 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,414 | $23,820 | $31,643 |
Total Monthly Payment | $25,499 | $27,905 | $35,728 |
* 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.