66 Frankfort Street, #4E, New York (Financial District), NY, 10038 | $975,000

Welcome to this sun-filled, newly renovated ~900 sq ft two-bedroom, one-bathroom co-op in the highly sought-after Southbridge Towers in the Financial District. Located on the 4th floor with a peaceful courtyard view, this home offers a rare combination of indoor and outdoor space, quiet surroundings, and incredible value.

The open-concept living and dining area is perfect for entertaining or relaxing. The beautifully upgraded windowed kitchen features Whirlpool stainless steel appliances, quartz countertops, a marble backsplash, generous cabinetry, and a custom built-in wine rack.

The bathroom is outfitted with a marble vanity, glass shower doors, and modern finishes. Storage is no issue thanks to numerous newly constructed closets throughout the home.

The spacious primary bedroom fits a king-size bed and more, while the second bedroom is ideal as a guest room, nursery, or office. Step out onto your private balcony and enjoy a quiet courtyard setting with wonderful neighbors and no street noise a true urban retreat.

Monthly maintenance is just $1, 086, which includes electricity, gas, heat, and hot water among the lowest in the city.

Located just steps from the Brooklyn Bridge, South Street Seaport, Pier 17, and Westfield World Trade Center, with most subway lines just blocks away. NYP Downtown Hospital is directly across the street for added convenience.

Southbridge Towers is a pet-friendly, postwar co-op offering:

Part-time doorman (7 days/week) and 24/7 security
Two elevators and modern lobby
Laundry room
Discounted garage parking
Private storage units (available)
Basketball and pickleball courts
Playground and indoor kids playroom
Community room
Subletting and pied--terre purchases allowed

This is a rare opportunity to own a renovated, turnkey home with outdoor space in a prime Downtown Manhattan location.





Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Garage;
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full
  • Complex: Southbridge Towers
  • Year Built: 1971
  • Pet Policy: Pets Allowed
  • Balcony: Yes
  • Terrace : Yes
  • Private Courtyard : Yes
  • Building Access : Elevator
  • Service Level: Voice Intercom
  • Doorman: Yes
  • OLR#: RLS20023238
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/RLS20023238/66frankfortstreet_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 Hauseit LLC

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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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66 Frankfort Street, #4E, New York (Financial District), NY, 10038

$975,000

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 $780,000 $780,000 $780,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.750% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.663% 6.865% 6.309%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,490 $5,059 $6,635
Total Monthly Payment $4,582 $5,151 $6,727

* 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.