Step into a sun-drenched haven where sophistication meets industrial charm. This high-floor loft at Turtle Bay Towers immediately impresses with soaring 15-foot beamed ceilings, offering an expansive sense of openness and serenity. The residence’s oversized windows frame tranquil water and open city views, casting a warm, natural glow across the space throughout the day. The 33-foot living and dining area, washed in eastern sunlight, invites a feeling of spaciousness, while an exposed brick accent wall harks back to the building’s industrial origins, infusing the home with undeniable character. The bedroom, generously scaled to accommodate a king or queen bed, offers a sanctuary of calm. With ample room for nightstands, a dresser, and a full wall of closets, it balances style and practicality, ensuring effortless living. The pristine white galley kitchen is a study in timeless design, with classic subway tiles and granite countertops. The dining area offers a world of possibilities, whether you choose to open up the kitchen into a contemporary layout with a breakfast bar or create a more intimate, enclosed space perfect for an office or den. A highlight of the residence is the impeccably renovated bathroom, where luxury abounds. Adorned with hexagonal Calacatta marble tiles, the space features a dual-sink vanity accented with gold fixtures, custom lighting, and built-in glass shelving. Every detail has been thoughtfully curated to elevate everyday routines into a spa-like experience. Throughout the home, storage solutions have been meticulously designed, from the custom-built shelving in the living room to the free-standing pantry and carefully crafted closet build-outs in every room, ensuring that form and function exist in perfect harmony. Turtle Bay Towers, a pre-war condop with loft-style living, offers a Soho/Dumbo vibe and an impressive amenity package, including an art deco lobby, a 24-hour doorman, live-in super, on-site garage, laundry on floors 3-18, storage, bike storage, and a stunning roof deck with panoramic views of Midtown's skyline. Investors, pied-à-terre buyers, and those seeking rental income will appreciate the flexible sublet policy (subletting allowed from day one). This building is a Condop where the ownership is structured like a coop. However, the board agrees to run the cooperative with condo rules. Located in the vibrant Turtle Bay and Midtown East area, residents enjoy proximity to the United Nations, Grand Central, and a host of excellent dining and nightlife options, including The Grill, Ophelia Rooftop Lounge, La Pecora Bianca, and many more. The Dag Hammarskjold Plaza Greenmarket, just steps away, adds an extra touch of charm to this highly sought-after neighborhood.
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William Raveis Mortgage, LLC
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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 | $688,000 | $688,000 | $688,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.820% | 6.723% | 6.284% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,070 | $4,405 | $5,852 |
Total Monthly Payment | $4,162 | $4,497 | $5,944 |
* 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.