Nestled at the vibrant crossroads of where Greenwich Village, Flatiron and the East Village meet, The American Felt Building is a highly coveted condo loft building, in close proximity to all you could hope for in Downtown Manhattan's vibrant lifestyle! Enjoy Manhattan's quintessential loft style living. From the gracious foyer you are welcomed into the open sweep of the heart of this luxury loft. Boasting 11'7" ceilings and a wall of 6-7' casement windows which fill the loft with daylight any time of the day. The updated layout of the living, dining, kitchen areas are truly welcoming and truly functional. The open chef's kitchen was recently updated to include marble/quartzite countertops, subway tiles backsplash and a chef's 5-burner range. The primary spacious sleeping area is tucked away to the rear of the loft and features ample closet space and loft storage. The home-office off the living area can be used as a 2nd sleeping area with a built in closet or a home office. The renovated marble bathroom features 9' high ceilings with new vanity and fog-less mirror. A large washer and dryer is found in the unit and the loft features multiple loft storage areas for suitcases or a shopping run. There is also a wood-burning fireplace which makes for cozy winter evenings at home. If you absolutely needed it, a 2nd bath would be possible as well as a windowed bedroom, however this unit flows beautifully as it is currently designed. Built in 1906 and converted to a highly desired loft condominium in 1985, this 24/7 full service condominium boasts a beautiful common roof deck, storage and a planted courtyard garden. Currently there is a Capital Improvement Assessment of $304. 16 / month for building facade work that has been completed. A pet friendly, superbly situated building at the vibrant crossroads of the East Village and Greenwich Village, dining, entertainment or all Downtown Manhattan has to offer is all nearby. You also benefit from easy access to the L, N, R, Q, W, 4, 5, 6 subways. The American Felt Building has a storied history and all halls and lobby were also recently renovated creating an inviting and handsome loft condo to arrive home to each night.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,875,000
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 | $1,500,000 | $1,500,000 | $1,500,000 |
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 | $1,645 | $1,645 | $1,645 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,400 | $9,236 | $12,456 |
Total Monthly Payment | $10,170 | $11,006 | $14,226 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.