Boasting expansive river views, this exceptional light-flooded TriBeCa penthouse aerie successfully marries the architectural details of a classic 19th century industrial loft with a luxurious modern renovation. At 4, 150 square feet, the unique 3 Bedroom penthouse features ceilings ranging from 9 to 20 feet, multiple skylights, central air conditioning, a wood-burning stove, and a 975 square foot terrace with a pergola and a sauna. A key-locked elevator opens to a spacious private landing. The 20 foot Gallery leads to an 33 foot wide Living Room overlooking the river from 4 oversized arched windows. An adjacent corner Den shares these mesmerizing western views and spectacular sunsets from 3 windows. The sky lit Primary Bedroom adjoins a large en-suite Bathroom with a freestanding soaking tub and an oversized shower and a 15 foot long Dressing Room. Two additional Bedrooms are spacious and share a large Dressing Room and a hallway Bathroom. The vast Chef's Kitchen/Dining Room is defined by its soaring, double-height ceiling and an enormous skylight. State-of-the-art appliances include a Viking 6-Burner Cooktop and Double Oven, a Sub-Zero Side-by-Side Refrigerator/Freezer, and a Sub-Zero Wine Storage Unit. The inviting space is both chic and perfectly suited to entertaining. The adjoining Library features a wall of bookshelves, dual exposures, a cozy wood-burning stove, and access to the Upper Level's glass-enclosed Sun Room. Upstairs, the Sun Room overlooks the 975 square foot private rooftop Terrace, beautifully landscaped with a Pergola and Sauna. On the main floor, a large Laundry Room, a Walk-In Closet/Storage Room, and a Powder Room complete the thoughtful layout of this special home. There are independent heating and central air conditioning systems. Built in 1855 as a spice warehouse, 288 West Street was in 1981 converted to a boutique residential cooperative known for its spectacular views. Its excellent northern TriBeCa location is immediately to the south of Hudson Square and the West Village. Pets, purchase by a trust entity and financing of up to 80 percent of the purchase price are permitted. There is a 2% Flip Tax payable by the Seller. The Penthouse at 288 West Street is a rare and splendid offering, a perfect downtown oasis. The subject property photographs are virtually staged.
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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 | $6,000,000 | $6,000,000 | $6,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.844% | 6.597% | 6.158% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $35,014 | $37,924 | $50,631 |
Total Monthly Payment | $35,139 | $38,049 | $50,756 |
* 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.