Coop with Condo Rules. Immediate occupancy on select residences.
Pay No Maintenance for 12-Months.
Residence 10Q is a 556 sq. ft. tranquil north-facing alcove studio with direct views of Teardrop Park. This residence boasts a spacious sleeping alcove, a big bathroom, as well as ample closet space with a large, walk-in closet and another large closet in the foyer for extra storage. Interiors have been designed by the acclaimed, environmentally focused architecture firm COOKFOX, and feature 4" wide plank white oak flooring in a custom satin finish, and custom Italian kitchens with matte-lacquered millwork. Beautiful and durable Quartzite slab countertops frame fully integrated Sub-Zero and Cove appliances, a Wolf range, and stainless steel Julien sink with a polished nickel faucet. Bathrooms feature Montpellier Limestone floors and Bianco Dolomite marble walls, counters and tub skirting. The custom millwork vanity is in a limed walnut finish and has an illuminated medicine cabinet with defogging mirror above. Additional residence conveniences include a Miele washer and dryer, oversized noise reducing casement style windows with a "low-e" coating, and a four-pipe heating and cooling system that allows for maximum comfort and year-round flexibility.
The Solaire's amenities have been completely reimagined by COOKFOX Architects and provide beautiful light-filled spaces for entertaining and enjoyment. The residents' lounge includes a catering kitchen, dining room, lounge area, and reading nooks immersed in the greenery of Teardrop Park. The landscaped roof terrace offers dramatic Hudson River views and multiple seating and dining areas with BBQ grills. The fitness center with private training studio offers the latest in fitness equipment including two virtual training systems, while the playroom and media room are perfect for afternoon playdates and movie nights. Services include 24-hour concierge, porter service, and a live-in resident manager. Bike storage, in-building parking and EV charging are available for an additional fee. The Solaire is America's first green residential high-rise and offers in-residence MERV-14 filtered and conditioned fresh air, filtered water, photovoltaic panels on the facade, planted roofs, a rainwater retention system, and a water reclamation system. In addition, The Solaire is now targeting WELL Building certification, further enhancing the commitment to sustainability and healthy living.
Situated on the Hudson River waterfront and between two beautifully manicured parks in Battery Park City's coveted North End, The Solaire is in close proximity to all that TriBeCa has to offer as well as shopping and dining at Brookfield Place, The Oculus, and Whole Foods. Dog runs, ball fields, playgrounds, ice skating, sailing, and swimming are just a few of the other neighborhood amenities to fall in love with when coming home to The Solaire.
Exclusive Marketing & Sales Agent Corcoran Sunshine Marketing Group. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan. This is not an offering. The complete terms are in an offering plan available from the sponsor. File No. CD18-0194. 20 River Terrace, NY, NY 10282. River Terrace Associates, LLC. c/o Albanese Organization, Inc. 1001 Franklin Ave. , Garden City, NY 11530. Equal Housing Opportunity.
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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 | $596,000 | $596,000 | $596,000 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,965 | $3,961 | $5,110 |
Total Monthly Payment | $4,057 | $4,053 | $5,202 |
* 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.