Located in the heart of downtown, this incredibly rare one-bedroom pre-war loft is a quiet oasis in the bustling center of the Soho Cast Iron Historic district. Facing an interior courtyard, the home beautifully combines original industrial details with bespoke modern updates. Exposed wood beams and cast-iron pillars seamlessly merge with a fully-renovated kitchen, a high-ceilinged (almost 11'!) dining area and living room, all highlighted by a *working* wood-burning fireplace. Classic exposed piping, original hardwood floors, and those awesome vintage factory finishes run throughout the home, including the bedroom, which can easily accommodate a queen-sized bed. The bathroom was also tastefully renovated with a glass-enclosed shower with marble accents and heated floors for toasty toes in the winter. The open kitchen is freshly updated and features chic Arabescato Corchia marble countertops and custom wood shaker cabinetry, along with a high-end suite of Viking appliances. Two deep, built-out closets round out this remarkable loft space. Incredibly located between Spring and Prince, the 426 West Broadway elevator condominium was built to last back in 1880 and is one of the few pre-war condo buildings in Soho. The pet-friendly building offers residents a part-time doorman, a super, package room, basement storage (upon availability), and complimentary washers and dryers on every floor. A genuine real deal loft in Soho with low monthlies at this kind of entry price point is like a needle in a real estate haystack, the rarest of the rare -- do not miss your chance to see it today! Please note there is an $85 monthly assessment through September 2024.
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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 | $1,220,000 | $1,220,000 | $1,220,000 |
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 | $628 | $628 | $628 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,217 | $7,711 | $10,461 |
Total Monthly Payment | $7,970 | $8,464 | $11,214 |
* 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.