Welcome to this stunning studio apartment 307 at the Cocoa Exchange, an iconic full-service condominium reminiscent of the Flatiron Building and rich in history. Constructed in 1904 in neo-Renaissance style by Clinton & Russell, this charming studio apartment offers a bright, airy, and intelligently designed living space, boasting eleven-foot-tall ceilings and two oversized windows that flood the space with natural light. You'll find hardwood floors, a modern marble bathroom, and a well-appointed kitchen featuring beautiful cabinets and appliances, seamlessly blending old-world charm with contemporary comfort. The Cocoa Exchange is not just a residence; it's a lifestyle. With a full-time doorman, convenient onsite laundry facilities on the top floor, and an impressive residents' lounge/roof deck offering comfortable seating and entertainment options, you'll find everything you need right at your fingertips. Situated in the heart of the Financial District of Lower Manhattan, close to Wall Street, transportation hubs, and an array of renowned restaurants, bars, and shops, this apartment offers both luxury and convenience in a vibrant neighborhood. Formerly the headquarters of the Munson Steamship Line and the New York Cocoa Exchange, the Cocoa Exchange has transformed into a boutique full-service 15-story building with 126 condominium apartments. Step into the lobby and be greeted by rosewood, Venetian plaster, Botticino marble slab walls, and an aluminum leaf ceiling, reflecting the building's rich history and timeless elegance. Amenities include a magnificent Sky Terrace with a rooftop lounge. Listed on the National Register of Historic Places, the Cocoa Exchange provides residents with access to a sprawling Sky Terrace and lounge equipped with a large flat TV screen, wet bar, and Wi-Fi. Also known as the Beaver Building, this pet-friendly condo offers easy transportation access to major subway lines and is surrounded by popular restaurants and attractions. Contact us today to schedule a viewing and discover the endless possibilities that await you at apartment 307 in the Cocoa Exchange! Notes: Apartment is occupied. Please provide 48+ hours' notice for showings.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $504,000 | $504,000 | $504,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,353 | $3,350 | $4,321 |
Total Monthly Payment | $3,445 | $3,442 | $4,413 |
* 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.