“STREET OF DREAMS…. .
Can eight short City blocks encompass the world? Practically.
Although our blessed City is loaded with charming and quirky streets, few have as many quirks per foot as Bedford Street in Greenwich Village. Lined almost exclusively with brownstones and low-rise apartment buildings, Bedford Street is mercifully horn-free, and you can feed yourself internationally quite well for days.
I could almost swear I was in Paris!”
( Jonathan Reynolds, New York Times – 11/16/2003)
A wonderful, rare opportunity ( first time on the market in decades) to purchase and own this top floor, sundrenched two bedroom/one bath condominium residence with N, E, &W exposures. Apt. 5C at 78 Bedford Street, aka 27 Commerce Street, is located on one of the most quintessential blocks of the West Village, Bedford street between Commerce and Barrow streets. This attractive, brick building, built in 1929, is a 5 story, 29 unit walk-up, fiscally-sound Condo with exceptionally low carrying costs.
Bring your architect and designer! The “C” line Units in 78 Bedford Street have historically undergone custom renovations that have included removing the wall between the living room and the contiguous windowed kitchen. Renovations have typically involved designing and building a spacious breakfast bar, and the installation of custom cabinetry, stone countertops and flooring, new lighting and new, contemporary full-sized appliances. The windowed bathroom will require a full renovation to include new tiled walls and floor, new lighting, fixtures and accessories. There are two sunny bedrooms, (one of which is a corner room); and each bedroom will accommodate a queen-sized bed. There are wonderful sky and bucolic neighborhood views from both of these bedrooms. Prewar details in the apartment include high ceilings, vintage hardwood flooring throughout, and original brick walls and traditional moldings.
This boutique Condominium’s amenities include a live-in superintendent, an on-site central laundry, bike storage, access to a lovely central resident courtyard, and separate storage available to residents for a nominal monthly charge.
78 Bedford Street ( The Star Condominium) is located in Prime West Village, surrounded by wonderful, well-known restaurants, great shopping, galleries and entertainment spots, and other historic attractions that Greenwich Village has to offer and is renowned for. Walking distance from The Cherry Lane Theater, Hudson River, the Meatpacking District, and the Village Vanguard among many other terrific spots! Conveniently located to NYU, Parsons, The School of Visual arts, Cardozo and New York Law School and all modes of public transportation.
Viewings BY INDIVIDUAL PRIOR APPOINTMENT ONLY. Please contact the Exclusive Marketing Agent via EMAIL ( NO TEXT MESSAGES please!) to discuss this wonderful property and to schedule a private viewing.
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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 | $1,356,000 | $1,356,000 | $1,356,000 |
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 | 6.769% | 6.348% | 5.911% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,593 | $8,349 | $11,260 |
Total Monthly Payment | $7,718 | $8,474 | $11,385 |
* 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.