Rare opportunity to turn a historic SoHo home into your dream loft residence. This corner loft at 59 Wooster Street spans approximately 3, 050 square feet and boasts southern and eastern exposures from twelve oversized and arched windows, 11' ceilings, stately columns, and original hardwood floors. This genuine loft is the perfect canvas for creating an unrivaled home or a versatile live/work space.
The keyed elevator opens to a windowed foyer, introducing the home's stately architectural features and grand entertaining space. The living room and studio space occupy over 2, 300 square feet and flow seamlessly together surrounded by oversized cast iron windows. Three columns divide the space, adding to its multi-use functionality. The home also features custom closets and built-ins throughout, providing ample storage.
The principal bedroom nestled in the northwest corner of the loft offers privacy with custom frosted glass windows that provide tranquil light throughout the day. The suite also includes ample closet space with three double-deep built-ins, a separate walk-in closet, and a large en-suite bathroom. The second bedroom is also generously proportioned and has its own en-suite bathroom.
Built in 1891 by Alfred Zucker, this Romanesque Revival building is located on the corner of Wooster and Broome Streets with close proximity to some of SoHo's most opulent offerings including luxury shopping at Chanel, Celine, and Gucci, and renowned restaurants like Cipriani, Balthazar, and Lure Fish Bar. Premiere hotels such as The Mercer and Crosby Street Hotel are also nearby, along with some of the city's most acclaimed art and entertainment venues.
This property is a co-exclusive with Nick Gavin of Compass.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,850,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $3,080,000 | $3,080,000 | $3,080,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,219 | $19,722 | $26,199 |
Total Monthly Payment | $18,344 | $19,847 | $26,324 |
* 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.