568 Grand Street, #J1004/J1005, New York (Lower East Side), NY, 10002 | $2,175,000

Exceptional and dramatic sun-filled combined unit with 5 bedrooms plus den and serene private outdoor space. Residence #J1004-1005 features stunning views directly onto the East River and Williamsburg Bridge, a generous floorplan with a smart separation of common and private spaces, and a large terrace ideal for unwinding. This exquisite home’s exposure is south, west, and has been completely reimagined as the perfect retreat from the bustle of the city.

Upon entering, you’re immediately awed by the superb composition of the living and dining room which highlights a built-in butler station for ease of entertaining, ample space for a large dining table, and a wall of windows in the spacious living room leading to the south-facing balcony with calming river views. The adjoining kitchen delights with brilliant finishes, including quartz countertops, blue mosaic tiled backsplash, sleek white cabinetry, barstool dining, and Viking Stove and Subzero appliances, including a range, wine fridge, better water filtration system, built in spice rack, and under-counter microwave/convection oven. A hallway of closets lines the entry foyer, separating space between the common areas and the bedroom wing where you will find all five bedrooms plus a quiet den that could double as a home office. The primary enjoys a lovely corner window with a vista of the iconic downtown skyline, and all three full bathrooms are equipped with tubs, while one has been newly renovated with a floating washlet toilet, vanity, and beautiful tile work. The home also boasts nine closets, hardwood flooring throughout, large windows in every room, and an abundance of natural light.

The cooperative’s amenities offer conveniences such as 24-hour attended lobbies, central laundry, two large private parks, a children’s playroom, a community room, and a well-equipped fitness center. The complex’s unbeatable location is close to Trader Joe’s, Target, Regal Cinemas, Essex Market, and multiple transportation options, including the M/F/J/Z trains, Citi bike, ferry service and several bus lines. Subletting, pied-a-terre, and gifting are all permitted. Assessment: $288/month begins January 2025.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 20
  • Amenities: Bike Room; Garage; Garden; Health Club For A Fee; Laundry Room; Playground;
  • Rooms: 8
  • Bedrooms: 5
  • Baths: 3 full
  • Laundry: OnCommonFloor
  • Complex: East River Housing
  • Year Built: 1955
  • Pet Policy: No Pets
  • Balcony: Yes
  • Private Courtyard : Yes
  • Private Garden: Yes
  • Building Access : Elevator
  • Service Level: Attended Lobby
  • Doorman: FullTime
  • OLR#: PRCH35234679
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/PRCH35234679/568grandstreet_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 Sotheby's International Realty, Inc.

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NMLS Mortgage Loan Originator ID 1880936

347.223.0992

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568 Grand Street, #J1004/J1005, New York (Lower East Side), NY, 10002

$2,175,000

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

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,740,000 $1,740,000 $1,740,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.125% 6.000% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.951% 6.108% 5.805%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,474 $10,432 $14,333
Total Monthly Payment $9,599 $10,557 $14,458

* 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.