66 Frankfort Street, #3L, New York (Financial District), NY, 10038 | $650,000

Modern Convertible Luxury Studio Nestled in Private Courtyard Steps Away from South Street Seaport and Financial District

Experience the pinnacle of contemporary downtown living in this architecturally designed, stylishly renovated residence. The sleek wall-to-wall porcelain flooring, modern tongue-and-groove custom oak cabinetry lining the entire perimeter, and expansive windows that flood the space with natural light create a bespoke, stunning, and spacious aesthetic. The custom millwork provides both form and function, enhancing the overall elegance and practicality of the space.

The open kitchen, the heart of the home, features Bosch appliances, a built-in microwave, and a massive stone counter/tabletop that seamlessly transitions from a functional kitchen workspace to a dining area, perfect for preparing and serving both light and sumptuous fare to guests seated in the living room. The remodeled bathroom includes a walk-in shower with a see-through glass plate and floor-to-ceiling tiles.

Two large mobile bookcases can be positioned for privacy, converting the open studio into a one-bedroom apartment, depending on your mood and company.

Key Features

  • Prime Location: Within the private courtyards of the up-and-coming South Bridge Towers community, steps away from South Street Seaport's scenic waterfront and the Financial District's Freedom Tower.
  • Move-In Ready: This stunning studio is meticulously maintained, beautifully appointed, and appealing to a discerning buyer.
  • Culinary Paradise: The exquisite kitchen is tailor-made for socializing while preparing culinary adventures.
  • Garden Tranquility: Enjoy a reprieve from the city's hustle and bustle in your private garden courtyard, an oasis of calm amidst the downtown dynamism. This serene setting provides a peaceful retreat, perfect for unwinding after a busy day.
  • Surfeit of Storage: Two large bedroom dressers, five floor-to-ceiling closets, a 25-foot custom-built credenza, a media console, hidden desk and file cabinets, foyer bench, and overhead cabinets. Every storage solution has been thoughtfully integrated to maximize space and maintain the clean, modern aesthetic.
  • Exceptional Value: Benefit from an exceptionally low monthly maintenance charge, which includes electricity, gas, heat, and water, and the amenities of the Coop, offering outstanding value for a downtown residence.

A timeless urban sanctuary ideal for today's most discerning city dwellers. With its prime location, luxurious amenities, and enclosed tranquility, this property offers an unparalleled living experience, bridging the city's oldest and newest neighborhoods.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 6
  • Amenities: Garage;
  • Rooms: 2
  • Baths: 1 full
  • Complex: Southbridge Towers
  • Year Built: 1971
  • Pet Policy: No Pets
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Voice Intercom
  • LobbyAttendant: No
  • OLR#: RPLU33423057021
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/RPLU33423057021/66frankfortstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Corcoran Group

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

66 Frankfort Street, #3L, New York (Financial District), NY, 10038

$650,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $520,000 $520,000 $520,000
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 7.841% 7.159% 6.518%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,460 $3,456 $4,459
Total Monthly Payment $3,552 $3,548 $4,551

* 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.