Offered Fully Furnished. 114 Mercer #2 is a sprawling 2, 300 square foot loft with the tallest ceiling heights in the building over 12 ft! Enter through a private keyed elevator opening directly into this stunning loft. Impressive scale, soaring barrel vaulted ceilings, and wonderful natural light immediately captivate upon entry. Four massive west facing windows overlook Mercer street, arguably one of the best and most desirable cobblestone blocks of Soho. This apartment has a very attractive and flexible floorplan. The expansive great room seamlessly flows to an opened kitchen with stainless steel appliances, large center island, wine fridge, and custom cabinetry. The adjacent dining area is perfect for entertaining. A second seating area or lounge can be found in the rear of the apartment which leads you to two spacious internal bedrooms. The primary bedroom occupies the full width and features frosted sliding doors, an en-suite bathroom with soaking tub and separate shower, walk-in closet, and separate laundry room tucked behind. The second bedroom is also generously sized and a second full bath awaits just outside. All rooms are equipped with central air! 114 Mercer is a well maintained prewar loft building with extremely low monthly maintenance. Situated on one of the most charming cobblestone streets in Soho's historic cast iron district featuring world renowned dining, shopping, galleries and nightlife. A number of subway lines are also just a stones throw making transportation a breeze. Pets are welcome and storage available. Some photos have digitally staged furniture.
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $13,200 | $13,200 | $13,200 |
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 | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $88 | $88 | $113 |
Total Monthly Payment | $163 | $163 | $188 |
* 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.