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87 Mercer Street, #PHB, New York (Soho), NY, 10012 | $19,950,000
Extraordinary Soho duplex penthouse by Architect AD100 and renowned designer Tony Ingrao has been meticulously crafted creating a truly exquisite living experience.
A keyed elevator opens directly to an awe-inspiring 85' loft space, offering dedicated areas for entertaining and dining. The modern eat-in kitchen, perfectly situated at the heart of the open plan, effortlessly disappears behind elegant screens at the touch of a button. On this main level (4th floor of the building), you will find three opulent bedrooms (one, a junior primary), each accompanied by its own en-suite bath for the utmost privacy and comfort. Additionally, a spacious laundry room, office space, and powder room provide convenience and functionality.
Ascend the staircase to discover the epitome of luxury - the master suite. It encompasses an office/library adorned with rich paneling. The suite offers a grand sitting area complete with a cozy fireplace, providing the perfect sanctuary for relaxation and tranquility. A beautifully designed dressing room complements the luxurious marble primary which features a rejuvenating rain shower and soaking tub.
The solarium on the top floor is equipped with a wet bar and boasts floor-to-ceiling windows that provide breathtaking views. These windows also lead out to a rooftop landscaped terrace, where a Kalamazoo outdoor kitchen and wood burning fireplace create the perfect spot for outdoor living. On the upper sun deck, one is greeted with stunning views of downtown, along with a stainless-steel hot tub and a 55" outdoor television. Located in the lower level of the building, private storage and a built-out, private gym are deeded to this penthouse.
This Soho duplex penthouse is truly a masterpiece of design and craftsmanship, offering an unparalleled living experience in one of New York's most coveted neighborhoods. Located on one of Soho's most sought-after blocks, 85-87 Mercer Street is a non-AIR landmark building with a beautiful cast iron facade dating back to the 1920s. Flip Tax equal to $2, 500 per share, payable by Purchaser.
Features
- Town: New York
- Cooling: Unknown Type
- Levels: 5
- Rooms: 14
- Bedrooms: 4
- Baths: 5 full / 1 half
- Laundry: None
- Year Built: 1920
- Pet Policy: Pets Allowed
- Washer/Dryer Allowed: Yes
- Washer / Dryer: Yes
- Terrace : Yes
- Building Access : Elevator
- Service Level: Voice Intercom
- OLR#: RPLU5123140278
- Days on Market: 78 days
- Website: https://www.raveis.com
/prop/RPLU5123140278/87mercerstreet_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 Douglas Elliman Real Estate
William Raveis Family of Services
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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
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
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
87 Mercer Street, #PHB, New York (Soho), NY, 10012
$19,950,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $15,960,000 | $15,960,000 | $15,960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.821% | 6.396% | 5.990% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $90,619 | $98,268 | $132,533 |
| Total Monthly Payment | $90,744 | $98,393 | $132,658 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535