Presenting Residence 9A at 11 Beach Street, a modern and meticulously designed 3, 900 square foot loft located in the heart of Tribeca. This expansive home, including its furnishings, has been custom designed by Thomas Juul-Hansen, who was architect of the building's conversion along with BKSK Architects. Every aspect of the home is grand in scale, from the great room, which spans almost 1000 square feet, to each of the three bedroom suites. From the 9th floor, exposures to the south and west offer open city views, with additional windows to the east providing all-day light. Enter from the keyed elevator into the proper foyer. Ceilings over 10 feet high and spacious gallery walls lead to the great room. Enormous California closets, impeccably built and maintained, line the gallery entrance. In the great room, west- and south-facing windows brighten this flexible living, dining and entertaining space. Residence 9A is the only unit in this line that has the south-facing window, creating a corner exposure unique to the building. Currently configured with three seating areas and formal dining for ten, the great room is the centerpiece of the home. The chef's kitchen opens directly into the great room, with both bar seating and an additional windowed breakfast area. The kitchen is appointed with the finest appliances, finishes and materials; this includes marble countertops and backsplash, cerused oak cabinetry, a Miele range and double oven, and Sub-Zero refrigerator and full-size wine refrigerator. With two pantries and both a peninsula and an island, the kitchen is well equipped for all cooking and entertaining needs; indeed, there is a powder room for guests conveniently located just adjacent to the breakfast area. The bedroom suites occupy the north wing of the home, smartly separated from the public spaces. The principal bedroom suite has open west-facing views, and includes a dressing room, plus five additional closets. The bedroom itself is large enough for an additional seating area. The en-suite principal bathroom is designed to the height of luxury. It has parallel marble vanities, a soaking tub, and a separate rain shower. The entire room, including the shower and water closet, is lined with marble walls and flooring. Each of the two additional bedrooms has multiple closets and large en-suite bathrooms. The secondary bedrooms are accessed via a private gallery with large walls ideal for artwork, with a laundry room located at its terminus. 11 Beach Street is a boutique condominium conversion of only 27 residences. It offers 24-hour door staff, a gym underneath a grand skylight, a common courtyard, a common roof deck, and a children's playroom. Located in north Tribeca, the condo offers convenient access to some of the city's best restaurants, hotels, bars, and cafés, as well as Hudson River Park and multiple public transit lines. Taxes listed are inclusive of the NYC co-op/condo abatement.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $7,196,000 | $7,196,000 | $7,196,000 |
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 | 6.746% | 6.597% | 6.158% |
Monthly Tax Payment | $5,865 | $5,865 | $5,865 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $42,567 | $45,484 | $60,724 |
Total Monthly Payment | $48,557 | $51,474 | $66,714 |
* 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.