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New York (SoHo), NY, 10012 | $4,500,000
The entire eighth floor at 491 Broadway between Spring and Broome Streets spans approximately 4, 000 square feet and boasts 11. 5’ barrel-vaulted ceiling heights throughout. The 18 extraordinary eight foot tall windows (with eastern, southern and western exposures) allow for unsurpassed light and views, and a multitude of layout possibilities – rarely achievable for a SoHo loft.
Most recently the home and studio of renowned Hauser + Wirth artist Ida Applebroog, this exceptional loft is ready for the vision of its new owner. Currently set up as a wide open, expansive space, the unique L-shaped floor plate can be completely reimagined as a magnificent three bedroom, three bathroom home, as shown in the alternate floor plan of this listing. 491 Broadway is a 12-story brick and limestone building in the heart of the desirable Cast Iron Historic District of SoHo. Built in 1897 and designed by Buchman + Deisler, the sheer height of this majestic loft building allows for rare open views from its upper floors. Both passenger and freight elevators service each floor, and all residents have rooftop access. Included in the sale is a large (approximately 100 square foot) storage cage in the basement. The well run cooperative owns the retail space, keeping the residents’ maintenance low, currently at $5, 000 per month for each of the 4, 000 square foot floors. A video intercom system allows owners to view and grant access to the building from apps on their smartphones.Features
- Town: New York
- Levels: 12
- Rooms: 7
- Bedrooms: 3
- Baths: 2 full / 1 half
- Lot Size: 33.330000x125.000000
- Laundry: In Unit,See Remarks
- Year Built: 1897
- Common Charge: $5,000 Monthly
- Approx Sq. Feet: 0
- Est. Taxes: $0
- Pet Policy: Building Yes,Cats OK,Dogs OK
- MLS#: RLS20018437
- Days on Market: 469 days
- Website: https://www.raveis.com
/prop/RLS20018437/491broadway_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.Listing courtesy of Compass Phone: (212) 913-9058
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@Raveis.com
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- Is available to meet with you in our office, your home or office, evenings or weekends
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
New York (SoHo), NY, 10012
$4,500,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
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 | $3,600,000 | $3,600,000 | $3,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.625% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.614% | 6.727% | 6.183% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,440 | $23,051 | $30,379 |
| Total Monthly Payment | $20,565 | $23,176 | $30,504 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535