An enviable living destination for the most discerning, Apartment 26 at Soho's exclusive modern masterpiece, 40 Mercer Street, offers the utmost privacy, luxuriousness and discretion for its privileged resident. From the attentive staff and incomparable amenities, to the distinctiveness of its design by renowned architect Jean Nouvel and hotelier extraordinaire Andre Balasz, this loft-like corner showplace exudes sophistication in every detail.
Truly a work-of-art, with 3 bedrooms, 3 and a half spa baths, elegant wood floors, voluminous ceilings, walls of huge windows overlooking Soho's grandest architecture, sun-flooded living and entertaining spaces, and the finest appointments imaginable. Eastern and southern exposures brighten the expansive living/dining room, divine for lavish gatherings, seamlessly served by a top-of-the-line kitchen, adorned to impress the discriminating chef. The primary bedroom is a relaxing retreat with massive windows, and a magnificent en-suite bath with an indulgent soaking tub.
Standing 14 striking stories at the coveted core of Soho, where quiet and convenience meet, the white-glove 40 Mercer is a testament of historic stature and contemporary allure. Set on a charming cobblestoned street, Soho's most prestigious building welcomes you into a discreet entrance and provides rarely-available underground parking with direct access to secure residential elevators. Also at your disposal is 24-hour hotel-style concierge service, a world-class fitness center, Carrera marble swimming pool, spa with sauna, steam and Jacuzzi, landscaped terrace, courtyard, and wonderful rooftop terrace. Outside your door is an array of upscale boutiques and restaurants that complete the glamorous picture of downtown city life.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,850,000
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 | $6,280,000 | $6,280,000 | $6,280,000 |
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 | $35,657 | $38,667 | $52,150 |
Total Monthly Payment | $35,782 | $38,792 | $52,275 |
* 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.