Available for the first time in 42 years, this authentic artist's loft delivers an expansive full-floor layout, soaring barrel-vaulted ceilings and endless possibilities in the heart of Tribeca. The co-op will assume ownership of the building’s commercial space within the next 8 years which is an incredible asset and will result in increased revenue for the building. Currently configured as a working studio and spanning approximately 1, 625 square feet, this sprawling loft welcomes you inside with hardwood floors, northern and southern exposures, and dramatic ceilings reaching nearly 12 feet tall. Built in 1920, 57 Warren is a well-maintained boutique cooperative where residents enjoy intercom entry, a shared roof deck, and an updated lobby and elevator. Surrounded by Washington Market Park, Hudson River Park, the Battery Park City Esplanade and City Hall Park, this outstanding Tribeca location offers an ideal mix of Downtown allure and gorgeous green space. The Tribeca greenmarket, Whole Foods and Target are nearby, and Westfield World Trade, Brookfield Place and the revitalized Seaport District delivers some of the city's best shopping, dining and entertainment. Transportation from this highly accessible neighborhood is unbeatable with A/C/E, 1/2/3, R/W, 4/5/6, J/Z and PATH trains, excellent bus service and CitiBikes all nearby. *photos have been virtually edited.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,250,000
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 | $1,800,000 | $1,800,000 | $1,800,000 |
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 | 6.550% | 6.220% | 5.781% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,079 | $10,937 | $14,827 |
Total Monthly Payment | $10,204 | $11,062 | $14,952 |
* 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.