Situated in the iconic American Thread Building, this rare gem enters the market for the first time in over 25 years. Originally a generous three-bedroom with a home office, the previous owner transformed it into a grand two-bedroom loft. Whether you choose to retain the current open layout or restore it to its original design, the space is flooded with natural light throughout the day.
Recently upgraded, the chef's kitchen boasts modern amenities, while the original hardwood floors and high ceilings exude elegance. Ample closet space complements the pre-war charm of this exquisite space.
This premier condo offers a versatile layout with 2-3 bedrooms or a living room, along with 2 bathrooms. The building provides top-notch amenities, including a 24-hour doorman, a new rooftop terrace, and a gym. The corner apartment benefits from north, south, and west exposures, ensuring excellent light quality. Additional features such as a bike room and storage unit add convenience to city living.
Constructed in 1894 by architect William B. Tubby for the New York Wool Exchange, the historic American Thread Building stands tall with its Renaissance revival architecture. With 11 floors and 52 apartments, this building epitomizes luxury living in Tribeca. Boasting a newly redone facade, restored lobby, and renovated hallways and elevators, this residence offers a blend of classic charm and modern comforts.
Ideally located at the edge of Tribeca, residents enjoy easy access to the Financial District, SoHo, and major subway lines. Recognized as a landmark building and listed on the National Register of Historic Places, 260 West Broadway is a timeless symbol of elegance in lower Manhattan.
There is currently a monthly assessment of $204. 16.
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VP, Mortgage Banker
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 | $1,996,000 | $1,996,000 | $1,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.987% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,177 | $12,128 | $16,442 |
Total Monthly Payment | $11,302 | $12,253 | $16,567 |
* 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.