Experience the epitome of loft living at 16 Jay Street tucked away on a quiet cobblestone street in historic Tribeca. This exceptional full-floor residence boasts over 3, 800+ square feet of expansive living space. With soaring ceilings and 5 oversized windows that flood the space with natural light, this spectacular space offers an airy, open ambiance throughout. With three spacious bedrooms—plus the potential for a fourth and an additional bathroom—along with a dedicated home office and media room, this residence offers a versatile layout for both relaxation and luxury living. Enter via a private key-locked elevator into a grand 37-foot wide entertaining space with 10. 5-foot ceilings, exposed brick walls, classic cast-iron columns, and peaceful charming views of this unique neighborhood. The open chef’s kitchen is a culinary dream, showcasing sleek black granite countertops, custom cabinetry, top-of-the-line appliances including a Subzero refrigerator, and a wine storage. The primary suite serves as your personal sanctuary, complete with an en-suite bath featuring an oversized glass-enclosed steam shower, double sinks, bidet, a spacious walk-in closet, and a custom-built vanity. Additional highlights include multi-zoned central air-conditioning, abundant custom built-in storage space, a powder room for guests, and a vented Miele in-unit washer/dryer. Constructed in 1920, this six-unit boutique condominium exudes historical charm with its grand dimensions and beautifully aged exposed brick. The property also includes a private basement storage space for added convenience. Experience the refined lifestyle of Tribeca, with its world-class restaurants, renowned parks, and top-tier schools with easy access to local trains and transportation. Schedule your private showing today. Photos are virtually staged.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,495,000
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 | $5,996,000 | $5,996,000 | $5,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,576 | $36,918 | $49,791 |
Total Monthly Payment | $33,701 | $37,043 | $49,916 |
* 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.