In an elite group of the most rarefied homes in the world, this exceptional penthouse sprawls over 12, 000 square feet of private indoor and outdoor space. Five expansive bedrooms and palatial living space occupy an interior 8, 000 square feet, while two rooftop terraces and a heated swimming pool spread over an additional 4, 000+ square feet. Located in vibrant, coveted Noho, this spectacular home is a study in stunning modernism and traditional design with no expense spared and no detail unconsidered. A home within a home, the palatial first level satisfies the needs of the most discerning connoisseur of high design and ultimate comfort. Bathed in light thanks to a wall of massive arched windows, the enormous, jaw-dropping living room features a hand-carved backlit Onyx bar, and an original 17th-Century Dutch Tudor fireplace. The living room also boasts bespoke wood-coffered and copper leaf barrel-vaulted ceilings, meticulously maintained original cast-iron columns and reclaimed wide plank Oak floors. With a nod to French country kitchens, the chef’s kitchen boasts barrel-vaulted exposed brick ceilings, a caesarstone breakfast bar, a custom-built dining nook with south-facing floor to ceiling French-paned windows, as well as top-of-the-line appliances including a La Cornue five-burner range. Remarkable details such as blue marble tiles recovered, incredibly, from a convent in France accent the room. A handsome Mahogany-clad annexes the sleeping quarters, which include two spacious en-suite bedrooms with ample closet space. The pièce-de-résistance is the sumptuous primary suite. Sitting behind one-of-a-kind, carved Moroccan wood doors, the grandiose Mahogany-paneled suite features exquisite touches like a basket-weave wood vaulted ceiling, and a show-stopping Italian marble spa bathroom with a soaking tub, separate shower, double vanity and radiant heat floors. The upper levels of this unparalleled mansion represent peak, luxurious form and ultimate, considered function. Essentially a second, separate home, the top two floors are accessed either via a staircase from the main floor, or a private keyed elevator. Formerly known as Sky Studios, the colossal, glass-enclosed great room maximizes natural light and boasts 17’ high ceilings and spills out onto a perfectly-landscaped garden with sweeping western views. A well-appointed chef’s kitchen features Viking appliances, stainless steel finishes, an east-facing breakfast bar, and an adjacent powder room. A fully equipped home theater/media room and huge fourth bedroom sit across the way with a shared full ensuite bath. Rounding out this astonishing layout is a mezzanine-level gym with accompanying massage room. Unheard of in Manhattan real estate and underscoring this home’s absolute grandeur, a second principal-sized suite sits perched in the sky and boasts a full dressing room, White Oak flooring and a contemporary suspended fireplace. Wrapped in floor-to-ceiling Smartglass windows, the marble-clad ensuite bathroom, with a custom, white marble soaking tub and swooping sink, leads to a heated outdoor pool/deck with truly jaw-dropping, unobstructed western views. Crowning this architectural masterpiece is a rooftop terrace that rivals only the most luxurious hotels. Fully finished in teak with a covered pergola, this sundeck features yacht-inspired details and comes complete with a teak barrel hot tub, a full wet bar and Lynx outdoor grill. The residence is fully-equipped with Crestron home automation controlling lighting, shades, HVAC and AV systems throughout. Built in 1896 as The Dandy Hat Factory, The Dandy is a 10 story condominium at 704 Broadway. Amenities include a full-time superintendent, state-of-the-art video access technology, and storage facilities. NoHo is the ideal downtown location at the cross section of NoLita, the Bowery and SoHo. This trendy, boutique, yet historic neighborhood offers the chicest dining experiences as well as the most fashionable shops. Special assessment until April 2024. $10, 000 a month.
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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 | $26,000,000 | $26,000,000 | $26,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.893% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $153,800 | $166,481 | $221,163 |
Total Monthly Payment | $153,925 | $166,606 | $221,288 |
* 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.