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A Magnificent Loft-Style South/West Corner Apartment, Located at the Powerhouse. A Historical Condo Conversion at LIC. , Waterfront.
Welcome to this spacious loft-style apartment, Apt 204, a 1, 281 sq. ft. unit with southwest-facing corner exposures through oversized windows, streaming ample sunlight into every corner. Featuring 11-foot ceilings, the airy living room is ideal for entertaining friends and family, offset by an open island kitchen with ample cabinet space and stainless steel appliances.
The primary bedroom, surrounded by oversized windows, is perfect for unwinding after a busy day. A walk-in closet and an ensuite complete with a double-sink vanity and a rain stall shower with quality fixtures and marble finishes. The second bedroom is conveniently located across from the second bathroom, finished in Italian ceramic with a deep soaking bathtub.
A washer and dryer closet is next to the 2nd bathroom, along with a huge coat closet at the entrance that offers good storage space. American walnut floors throughout enhance the overall look.
The Powerhouse: Where History Meets Luxury
Originally the Pennsylvania Railroad Power Station, this iconic building has been transformed into luxury condominiums by world-renowned architect Karl Fisher and interior designer Andres Escobar. Ideally situated just five minutes from the 7 train (only one stop to Grand Central) and steps from waterfront parks, shops, and recreation areas, The Powerhouse offers both serenity and convenience. Known for its spacious apartments and distinctive layouts, it is one of the most sought-after residences in the neighborhood.
Luxury amenities include:
24/7 Concierge/Maintenance crew/Porter & Live-in Resident Manager
State-of-the-Art Fitness Center
Aqua Grotto, a full-service spa featuring a social whirlpool & sauna, steam room, shower, bathroom, and lockers.
Residents’ Lounge with Pool Table, game & Wet Bar
Media Room & Business Center
Children’s Playroom
Package room, bicycle storage, & Cold Storage
Stunning Roof Terrace with City Views, Sunbathing Deck, BBQ Grills & Picnic Tables
Adjacent Rental Parking Available
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,600,000
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 | $1,280,000 | $1,280,000 | $1,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.613% | 6.183% |
Monthly Tax Payment | $575 | $575 | $575 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,268 | $8,090 | $10,801 |
Total Monthly Payment | $7,968 | $8,790 | $11,501 |
* 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.