Mercer House (250 Mercer St, A301)
Graciously proportioned one-bedroom, one-bath apartment located in the heart of NoHo at Mercer House. This unit is on the third floor of a full-service, pre-war co-op and boasts views of Mercer Street.
Upon entering, you're greeted by a spacious, large living room, perfect for entertaining. The space is brightened by a wall of windows-three in the living room and two in the bedroom-which, along with the 10'2' ceilings, allow an abundance of Western light to flood every room; fling your windows open, Mercer Street is pin quiet; the feel of the apartment is European in elegance.
The living area seamlessly integrates with the open kitchen, which is equipped with stainless steel appliances, including a Frigidaire microwave, gas stove/oven, dishwasher, and a large Fisher & Paykel refrigerator. A breakfast bar with room for stools, and the dining area are located directly in front of the kitchen, ideal for casual dining and gatherings.
The bedroom offers storage with two custom closets and space to accommodate additional furniture. A home office is efficiently built into the hall, with closet door to tuck it away when not in use. The bathroom, designed by Kohler, features elegant fixtures and a minimalist aesthetic.
Storage space is a significant advantage in this home. There are multiple closets, including a coat closet, linen closet, an extra-large storage cabinet above the bathroom, open storage space above the home office, and a large storage loft (7'x10' with 4'10' ceilings) above the kitchen.
The A301 unit is perfectly positioned for convenience-the elevator is just beyond the lobby. The building lobby has been recently renovated and features a 24-hour doorman, live-in superintendent, a furnished common roof deck, and a garden courtyard. Laundry facilities are available on every other floor.
Located in the vibrant NoHo/Greenwich Village neighborhood, this apartment is steps away from Washington Square Park, NYU, and the best dining, shopping, and entertainment options that downtown Manhattan has to offer. The building allows pets for owners, and subletting is permitted after two years of ownership.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $956,000 | $956,000 | $956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,428 | $5,964 | $8,003 |
Total Monthly Payment | $5,553 | $6,089 | $8,128 |
* 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.