Spanning the entire fifth floor at 116 University Place - an ultra-boutique 5-unit Doorman Condo in the heart of the Greenwich Village - Apartment 5 possesses an exceptionally rare 3, 056 square feet and multiple corner exposures over the tree tops of 13th Street and University Place. This full-floor home has been completely reimagined, featuring elegant and playful interiors designed by renowned interior designers Janine Carendi MacMurray and Chiara de Rege along with thoughtful customizations in layout. A key-locked elevator opens into the units’ private landing that features two large closets, including a walk-in, as well as a powder room for guests. A formal entry foyer provides space to display a curated collection of art and leads into the airy, sun-filled corner Great Room with 10’ ceilings and 7 large casement windows - with both NE and SE corner exposures of the colorful facades of the historic brick and cast-iron buildings along University Place. An expertly crafted white oak entertainment center with shelving for books and additional storage keeps things organized and clean. Overlooking the great room, the oversized open chef’s kitchen features a beautiful space to host family and friends. Handcrafted by Smallbone using only the finest finishes, it showcases stunning Calacata Cremo marble counters and backsplash, custom wood and fluted glass cabinetry, a full Miele appliance package - including a wall oven and six-burner range with vented hood, dishwasher and wine fridge. A large, walk-in pantry provides additional storage. Thoughtfully positioned on the opposite end of the apartment for ultimate privacy, the sumptuous primary suite features two massive, custom-built walk-in closets. An ensuite five-fixture windowed bath clad in Calacata Cremo marble and limestone features a Laufen soaking tub, a Toto Neorest toilet and radiant heated flooring. The entire apartment has been designed to enable a seamless flow between rooms through pocket doors. Off the primary suite is one of four total bedrooms which is currently set up as an office/den. The room originally featured an ensuite bathroom that has since been turned into another large walk-in closet. However, it retains the ability to easily be turned back into a full bath should a new owner desire creating 3 full bathrooms + the powder room. The third bedroom features a large, double-wide closet, and two large casement windows overlooking 12th street. Between the 3rd and final bedroom is a Jack and Jill style windowed marble bath as well as a towel closet. The fourth and final bedroom can easily accommodate a king-sized bed with additional furniture if desired and also looks out onto 12th Street through two large casement windows. In total the apartment features 16 oversized windows, flooding it with light no matter the time of day. Additional features include wide-plank white oak flooring, a full laundry room with a vented WD, utility sink, and a linen closet, a multi-zoned ultra-quiet central HVAC system, and privacy and blackout shades as well as custom drapery on all windows. 116 University Place is an elegant and discreet, 5-unit Condominium designed by Morris Adjmi Architects and built in 2018. It features a Doorman, a professionally landscaped rooftop terrace, a gym, and walk-in private storage lockers for all residences.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $6,800,000 | $6,800,000 | $6,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $5,948 | $5,948 | $5,948 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $38,078 | $41,869 | $56,468 |
Total Monthly Payment | $44,151 | $47,942 | $62,541 |
* 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.