Once-in-a-lifetime opportunity for artists and creatives to own a top-floor, authentic Soho live/work loft. On the 6th floor of a cast-iron A. I. R. loft building, one of the first FluxHouse cooperative buildings in Soho, this floor-through loft has it all. The 12. 5' wood-beamed ceilings are punctuated by four skylights that bring natural light throughout the space. The elevator opens directly into the large and welcoming west-facing living room, with the well-appointed kitchen in an adjacent alcove between the living and dining rooms. The kitchen has plenty of cabinetry for storage and under-counter refrigerator drawers to maximize counter space. Architectural details including exposed brick arches and a hardwood floor speak to the loft's history. There is also a powder room located next to the dining space through a secret library door. Beyond the living/dining room is a bedroom suite, complete with skylight, plenty of closet space, including washer/dryer hookup, a full subway-tiled bathroom with walk-in shower, and up a few stairs, the quiet nest of a sleeping room, with even more storage. Beyond the bedroom suite, there is an office area just outside the door to the art studio. A massive room with three skylights, the art studio has exposed brick, an industrial fan that vents to the roof, and two east-facing windows. In addition, there is a private open storage space in the basement that is approximately 9' x 8'. The manual elevator that opens directly into the space is being replaced with a new automatic elevator with no assessment. Make an appointment to see this incredible live/work loft today.
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William Raveis Mortgage, LLC
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Sarah.Alvarez@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 | $2,240,000 | $2,240,000 | $2,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,250 | $14,158 | $19,206 |
Total Monthly Payment | $13,375 | $14,283 | $19,331 |
* 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.