Rare and highly coveted, this south-facing 1, 126-square foot one-bedroom/two-bathroom "I-line" residence with additional den/home office area has exceptionally high 12 ceilings-of the highest in the building-and smart customizations added by the owner. Located in the Tribeca East Historic District, 108 Leonard Street is a grand full-service condominium with 20, 000 square feet of amenities, including a swimming pool, in one of the city's most beautiful and celebrated buildings.
With its 12' ceilings and massive windows facing south, the home enjoys sunlight throughout the day. The home is pin-drop quiet. The owner's customizations include California Closets and motorized shades throughout, with sunshades for the living/dining room and blackout shades for the bedroom, as well as full-height drapes in both rooms. In the den/home office area, the owner has installed a handsome desk-and-Murphy bed console with additional shelving, and the area can be enclosed by a motorized blackout shade for sleeping.
This unique den/home office area doubles perfectly for working from home and having a second sleeping area, with access to the home's second full bathroom. (The desk-and-Murphy bed console is removable if wanting to use the space a different way. ) This second bathroom features a standing shower and sculptural Nero Marquina marble sink.
Upon entry into the residence, a foyer with a coat closet and a closet housing a washer dryer leads to the large great room. The generous layout wrapping around the open kitchen in an L-shape allows for flexibility in furniture arrangement for the dining and sitting/media areas. The great room's western wall, with its ceiling height, is perfect for showcasing art.
The exquisite chef's kitchen features custom-designed Scavolini cabinetry, marble countertops, a new Thermador refrigerator, and premium Miele cooking appliances, including a four-burner gas range, electric speed oven, convection oven, and wine fridge. A large island with waterfall marble houses a built-in microwave and the dishwasher.
The large bedroom suite has an enormous walk-in closet and an en-suite bathroom with high-honed Calacatta Mandria marble floors and walls, Fantini polished chrome fixtures, a custom double vanity, a soaking tub, and a walk-in shower.
Two-zone central air and heating are throughout the home.
Built in 1899 by McKim Mead & White in the Italian Renaissance Revival style, 108 Leonard Street is one of the most recognizable and beloved landmark buildings in New York and is the anchor of the Tribeca East Historic District. Converted to a condominium in 2018 with design by the award-winning Jeffrey Beers International, the building is full-service with 24-hour doorman, concierge, and live-in resident manager.
The building's 20, 000 square feet of amenities include a fitness center, swimming pool, two-level roof deck with a grills and fire pit, children's playroom, media room, storage, and parking garage. The swimming pool is 75 feet long, and adjacent to it are a steam room and sauna.
108 Leonard Street is surrounded by all of Tribeca's shopping, dining, and cultural institutions. In keeping with the building's provenance and restoration, the building's retail floor has become the new home of the world-famous Jack Shainman Art Gallery. The building is proximate to the 1/2/3, A/C/E, N/Q/R/W, and J/Z Subway lines.
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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 | $1,904,000 | $1,904,000 | $1,904,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.700% | 6.222% | 5.785% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,662 | $11,569 | $15,684 |
Total Monthly Payment | $10,787 | $11,694 | $15,809 |
* 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.