Stop. . . Slow down. . . and discover this rare opportunity to own a one-of-a-kind duplex loft in the heart of Downtown Manhattan. Situated at 25 West 15th Street, this expansive residence offers a blend of historical charm and modern sophistication that must be seen to be truly appreciated.
Due to the home's extraordinary features, we've highlighted some key details:
Incredible Value: $592 PPSF
Size: 2, 788 square feet (as per a sketch ordered by lender Morgan Stanley Private Bank, NA; buyers should verify independently)
Layout: Duplex loft with a sprawling floor-through design, offering tremendous volume and space
Bedrooms & Bathrooms: 1 gigantic bedroom, 2 full bathrooms, and 1 powder room
Home Offices and Alternatives: Two (2) distinctly separate spaces, one on each floor-ideal for remote work or flexible options like using one as a Home Office and the other as a gym or alternative use room.
Kitchen: A chef's dream with a fully equipped eat-in kitchen featuring Wolf, Sub-Zero, and Miele appliances, plus a salamander broiler for those who love to cook.
Near-infinite storage space: Almost more space than you can use with floor-to-ceiling closets in kitchen, dining room, and bedroom
Ceilings: Soaring heights of up to 10'2"
Light: Sun-drenched living room with a stretch of expansive windows and a solarium
Quiet: This home is pin-drop quiet, offering peace and privacy in the heart of the city
Planning a dream redesign? This building is renovation-friendly! Full 'gut' renovations and major updates have consistently received board approval with no objections.
Location: Perfectly situated between 5th & 6th Avenues, with easy access to all major transportation, including Union Square and its renowned Farmer's Market
Neighborhood: Located on a quiet, tree-lined street at the intersection of Flatiron, Union Square, Chelsea, and Greenwich Village
Additional Features: Washer & dryer hookups for large machines, central air conditioning, unparalleled storage space, and more
Not to mention:
No Flip Tax: A rare find in a co-op
Building: 7-unit co-op with no underlying mortgage, FIOS installed, complete with a new elevator and video security system
Maintenance: On-site handyman for convenience and upkeep
Community: A boutique, pre-war building with historical charm, originally a printing house built in 1926
Restrictions: Sorry, no pets permitted
This home truly offers the ultimate downtown lifestyle with everything you need just moments from your door, from Whole Foods to Trader Joe's, top-tier dining, and shopping.
This is an absolute MUST-SEE home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,650,000
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 | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,703 | $8,452 | $11,228 |
Total Monthly Payment | $7,828 | $8,577 | $11,353 |
* 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.