Introducing 62 Reade Street, a collection of six loft condominiums. Model residences is now open.
Discover Tribeca living beyond measure in this new four-bedroom, four-and-a-half-bathroom full-floor loft at 62 Reade Street, a stunning restoration of two 19th century Italianate buildings defined by beautiful materials, original cast iron columns and impeccable craftsmanship that elevate Tribeca loft living.
Designed, developed and built by the renowned collaboration of ODA, Triton Construction and BSD Investments, Floor 4 is a 50-foot-wide showplace impressing with soaring beamed ceilings supported by dramatic columns, 8-inch-wide live-sawn European oak floors, and massive windows on the northern and southern exposures. The thoughtful 3, 068-square-foot layout invites you to relax and entertain in a sprawling, sophisticated great room, while the gourmet kitchen boasts custom cabinetry, bold Arabescato Orobico marble countertops, a Franke sink, Graff hardware, and state-of-the-art appliances by Miele, Wolf and Sub-Zero.
The luxurious primary suite opens to a spa bathroom, where a soaking tub, walk-in rain shower and bespoke double vanity are surrounded by floor-to-ceiling designer tile and rubbed bronze hardware. Secondary bedrooms enjoy equally well-appointed full bathrooms, while a chic powder room and in-unit Electrolux washer-dryers add exceptional convenience.
Built in 1860 with stunning marble and cast-iron facades, beautifully reimagined 62 Reade offers today's residents a Comelit virtual doorman/video security system, a marble lobby, key-locked elevator access, a bike room, and a fitness studio with free weights and cardio equipment.
From this exceptional Tribeca Historic District location, you'll enjoy easy access to Downtown's world-class amenities, including Whole Foods, the Washington Market Park greenmarket, Frenchette, The Odeon, Locanda Verde, art galleries, luxury boutiques, and more. Discover fantastic outdoor space and recreation at Battery Park City and 500-acre Hudson River Park. Access to transportation is effortless in this coveted neighborhood, thanks to A/C/E, 1/2/3, R/W, 4/5/6, J/Z and PATH trains, excellent bus service and CitiBikes all nearby.
This is not an offering. The complete Offering Terms are in an Offering Plan available from Sponsor. File No. CD23-0036. The information contained herein are generalizations for a property and may not reflect accurate information on a specific individual apartment. Prospective purchasers are advised to inspect the actual apartment and property prior to purchasing and should not rely on renderings and photographs. Any layouts, square footages, dimensions, distances, maps, and descriptions are general and approximate and subject to normal variances and tolerances. Some materials, finishes, fixtures, or appliances may vary by apartment. Apartments will not be offered furnished. No representation is made that an apartment owner will be able to implement the furniture layouts shown. All dimensions are approximate and subject to normal construction variances and tolerances. Plans and dimensions may contain minor variations from floor to floor. The square footage on this floor plan exceeds the usable square footage. The furniture depicted herein is not included in the sale of the Unit. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan. Property address: 62 and 64 Reade Street New York, New York 10007. Sponsor: 62-64 Reade Street LLC. Sponsor address: 99 Hudson Street, 2nd Floor, NY, NY 10013. Equal Housing Opportunity
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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 | $5,920,000 | $5,920,000 | $5,920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,613 | $36,933 | $49,557 |
Total Monthly Payment | $33,738 | $37,058 | $49,682 |
* 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.