11R is a 2, 088 SF+/- pre-war condo loft, situated well over a hundred feet above idyllic 20th Street in the heart of the Flatiron District. 11’ coffered ceilings are found throughout and three exposures are lined with huge windows allowing light to fill the voluminous space. Surrounding low-rise landmarked buildings offer protected view breaks with clean site lines toward Broadway to the East and Fifth Avenue to the West.
20 East 7th Street stands prominently at the center of a short block between the two iconic avenues with high-floor vistas clearing neighboring buildings, showcasing the area’s rich architecture. Constructed in 1907, the 12-story Beaux-Arts Holtz House boasts video intercom access, leading to the historically preserved lobby, while a key-locked elevator arrives to a semi-private landing shared only with the front unit, along with storage room. The entry hall features washer/dryer and powder room, before dramatically opening to this stunning space complete with chef’s kitchen.
Constructed as a one bed with a true master suite, outfitted with ample closets and 4-piece bath, the previous tenants have created a flex two bedroom with a pressurized wall that can be removed. The Landlord would consider making these a legal two bedrooms for new tenants. This home is also available as furnished. Light-use live/work considered on a case-by-case basis.
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$2,900,000
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 | $2,320,000 | $2,320,000 | $2,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.550% | 6.346% | 5.907% |
Monthly Tax Payment | $2,647 | $2,647 | $2,647 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,991 | $14,285 | $19,266 |
Total Monthly Payment | $15,763 | $17,057 | $22,038 |
* 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.