Architectural Masterpiece with Stunning Views Offered for sale for the first time since being completely reimagined by Moschella Roberts Architects, this oversized one bedroom at Chatham Towers is not to be missed. No expense was spared in creating this modern one-bedroom masterpiece. Not at all what you would expect from the outside, this collector-quality home offers a sophisticated modern design sensibility. Chic, functional, and with wide-open picture window views, this residence hosts a coveted private terrace. This corner residence features one-of-a-kind fully functioning pivoting picture windows with unobstructed views of Columbus Park and lower Manhattan. The grounds feature a striking one of a kind private garden designed by Paul Friedberg that is built on top of a two-story parking garage. 180 Park Row, Chatham Towers is considered a masterpiece of modern brutalist architecture and was built in 1965 by George Shimamoto for Kelly & Gruzen. The twin 25-story towers were revolutionary in many respects, not least their poured-on-site board-formed concrete construction. There are 240 residential units in total, five per floor. The pet-friendly, full-service building includes a 24-hour doorman, a beautiful garden plaza, garage, and laundry and storage facilities. Conveniently located downtown between TriBeCa, Chinatown, and the Financial District, and steps away from all transportation, restaurants and shopping. Sublets are permitted for 3 out of any 5-year period after one year of ownership. The building offers bike and regular storage without any fees. Parking is at a discounted rate for shareholders. Electricity cost is included in the maintenance listed.
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:
$999,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.597% | 6.158% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,728 | $5,051 | $6,744 |
Total Monthly Payment | $4,820 | $5,143 | $6,836 |
* 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.