Discover urban sophistication in this exceptional downtown penthouse condo duplex, ideally situated on the vibrant and storied Orchard Street in the Lower East Side. This one-of-a-kind residence boasts an expansive outdoor oasis spanning 700 square feet, highlighted by a grand rooftop terrace offering panoramic skyline views. The epitome of modern luxury, this loft-like penthouse features a keyed elevator that opens directly into the apartment, revealing a striking living space adorned with floor-to-ceiling windows. These windows, which can be fully retracted, create a seamless indoor-outdoor experience and lead to a frameless glass Juliet balcony, adding an element of contemporary charm. Meticulously renovated, the gourmet kitchen has 3" granite slab and 39" countertops, custom cold-rolled steel cabinetry and cladding, and top-of-the-line appliances, including a Sub-Zero refrigerator, Wolf dual-fuel range oven, Miele microwave and dishwasher, and Waterworks fixtures throughout. Ascending to the second floor, the serene primary suite is bathed in natural light from its south and east-facing windows. This retreat includes a spacious walk-in closet, a luxurious en-suite bathroom designed with custom cold-rolled steel and Waterworks fixtures, and two private balconies. Designed for lavish living and entertaining, the penthouse's large rooftop terrace boasts unobstructed city views. On the first floor, you'll find the sizable second bedroom, which has an abundance of light from its south-facing floor-to-ceiling windows. From this bedroom, you can access a private balcony, offering stunning southern and eastern skyline views. This residence has superior finishes throughout, including custom oak flooring, a built-in gas fireplace, central air-conditioning, electric shades, custom California closets, and a Miele washer/dryer for added convenience. Situated in a 7-unit boutique condominium at 60 Orchard Street, this home offers the utmost privacy with keyed elevator access. Its central location provides easy access to major transportation, a plethora of dining options, art galleries, and shopping destinations, offering a truly unmatched urban living experience.
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$3,750,000
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 | $3,000,000 | $3,000,000 | $3,000,000 |
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 | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | $3,313 | $3,313 | $3,313 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,799 | $18,228 | $24,712 |
Total Monthly Payment | $20,237 | $21,666 | $28,150 |
* 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.