Don't miss this rare TriBeCa duplex loft where form meets function and delivers exceptional value. Dramatic open space features impressive 16' ceiling height and over-sized double windows. This is currently an open space with a 7'7" ceiling sleeping loft. Sitting half floor above ground and facing the back street, this loft provides privacy and tranquility. Move in to make this your own with a very straightforward update or transform this with a vision have it become that incredible home with its own private entrance you always wanted.
Originally built in 1915, 356 Broadway is a boutique prewar cast-iron loft building that was converted to an eighteen-unit condominium in 1984. Located in a dynamic part of Tribeca where beautifully restored cast-iron buildings merge with high-end luxury condominiums, 356 Broadway is ideally situated for easy access to the broader Tribeca, Soho, Nolita, City Hall, and Financial District neighborhoods. The building is equipped with a video intercom and the premises are under 24-hour video surveillance. 356 Broadway allows Pied-a-terre ownership as well as pets. There is a common outdoor atrium on the second floor and the exposed brick lobby features historical photography of the building and its surrounding area. Additionally, the J/Z/N/Q/R/W/A/C/E/1/4/5/6 trains offer numerous transportation options nearby.
There is currently an assessment in place for $332/month that ends in March 2025.
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William Raveis Real Estate
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William Raveis Mortgage, LLC
Phone: 347.223.0992
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 | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,928 | $5,418 | $7,308 |
Total Monthly Payment | $5,053 | $5,543 | $7,433 |
* 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.