Welcome home to this turn-key, 1, 150 sq. ft. one bedroom loft in the heart of Greenwich Village. Beautifully renovated, this sun-flooded, south-facing home exudes authentic charm with its 15+ foot ceilings, near floor-to-ceiling windows, and original columns throughout. A generously sized chef's kitchen greets you as you enter and is complete with a large marble countertop island with barstool seating, stainless steel appliances, and chic white and black painted cabinetry that extends to the ceiling for maximum storage. The loft's airy and open ambiance continues into the Great Room, where a large footprint provides the perfect backdrop for living and dining. Stunning light streams in from two enormous windows and frame beautiful tree-lined views. The generous primary bedroom features a king size bed plus plentiful room for additional furnishings and includes an impressive walk-in closet designed by California Closets. The bathroom can be accessed from both the main living space and the bedroom and features a large shower, floor-to-ceiling subway tile, and plentiful storage, including a large linen closet. There are two additional fully outfitted closets in the apartment, as well as strip hardwood floors throughout. Originally built in 1890 as a cast iron factory, 250 Mercer is one of downtown's premiere cooperatives. Residents enjoy 24-hour doorman, live-in resident manager, courtyard garden and roofdeck, bike storage, and central laundry. The building features a newly renovated lobby and hallways and brand new elevators. At the crossroads of Greenwich Village and Noho, enjoy an amazing downtown location with close proximity to Washington Square Park, as well as fabulous shopping and dining in nearby Soho, Nolita and the West Village. All major subway lines are no more than a 5 minute walk. Unlimited subletting is permitted after 2 years of ownership with board approval, as are pets for shareholders, co-purchasing, parents buying for employed adult children (with board approval), and financing up to 80%. Pied a terres are not permitted.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,375,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,100,000 | $1,100,000 | $1,100,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.987% | 6.234% | 5.805% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,160 | $6,684 | $9,061 |
Total Monthly Payment | $6,285 | $6,809 | $9,186 |
* 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.