AVAILABLE FURNISHED SHORT TERM (8 mos) ONLY! Please email joe (as opposed to text) for further details regarding this loft rental. Available beginning early Jan 2025 until end of August 2025 ( 8 months maximum), with possible shorter flexible options on a case-case basis. Very cool, quiet & bright move-in ready artist's loft on a prime central cobblestoned Soho block. All utilities included, including the owner's trusted cleaning person 1x/ month.
This spacious corner loft is approximately 1500 sq ft, has 7 large windows (5 facing East over Mercer Street), soaring 11' ceilings, hardwood flooring, exposed white brick wall, pressed-tin ceilings, and a massive open wide main space that is consistent with cherished local classic loft aesthetics. Here you'll find a very spacious 2BR loft home with two full bathrooms, ample closet space, a huge open kitchen (stainless steel appliances, D/W, double sink, gas stove, plenty of space to cook and entertain), and a dining area. In addition this home is bright and quiet, has all modern conveniences that one would need (D/W, W/D, A/C, Wi-Fi, etc. ), and also features cast-iron columns, a supremely quiet master bedroom, and a wonderfully sparse and simple set of furnishings (as opposed to the many cluttered and severely over-personalized furnished homes on the market). Lots of wide-open space, room to breathe, great light and peace and quiet on Mercer Street, the perfect place to spend your days in NYC. (Please note: the BR in photos with a desk now has a queen-sized bed in that room).
Located on the 3rd floor of an elevator building, this home sits on a gorgeous and quiet cast-iron Soho Street only steps from the best shopping, restaurants, galleries and cafe's that prime central downtown Manhattan has to offer. 159 Mercer Street is a well-kept historic (100 years old) intimate loft building with only a few quiet and spacious homes, and is within immediate walking distance to countless local attractions as well as public transportation. Please email Joe to schedule a viewing.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$8,500
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $6,800 | $6,800 | $6,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $45 | $45 | $58 |
Total Monthly Payment | $120 | $120 | $133 |
* 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.