A SoHo classic reimagined, Residence 2 at 169 Mercer Street is an expansive, 2, 300 square foot loft on one of the neighborhood's premier blocks. Maintaining original detail and character, the loft has been fully renovated and upgraded for modern living. Residence 2 features 12'+ ceilings - the highest in the building - grand, oversized windows, an expansive great room with an open kitchen, a private elevator entrance, and two bedrooms. Exit the elevator directly into your great room, a massive expanse with endless combinations for living, dining, entertaining, and relaxing. East-facing windows over Mercer Street illuminate this vast space. The quality of the renovation is immediately evident: there are new oak floors throughout, a three-zone split system air conditioning system, and Lutron switches with dimmers. Others, like the wiring for sound and wireless climate controls, are less obvious but equally customized. The kitchen has been thoughtfully designed for aesthetics and utility. Cabinetry and paneling that highlight the natural grain of the wood complement the stone countertops, the exposed brick walls, and the oak floors. Top-of-the-line appliances, including a Thermador range with a griddle, grill and vented hood, along with ample counter space and plenty of storage, make this a highly functional cooking space. The principal suite has large west-facing windows, and a huge, pass-through custom closet. The spacious en-suite bathroom includes a substantial double vanity, a steam shower, and tons of storage. The second bedroom has windows to the west and the south, and a built-in lofted bed with closets underneath. Completing the offering is a second full bathroom, completely renovated and perfect for guests or to service the second bedroom; a vented washer and dryer; and a private storage cage in the basement. 169 Mercer Street is a boutique, 6-unit co-operative on one of SoHo's most iconic blocks. The historic building dates back to 1896. Today, Mercer Street is the home to many of New York City's most exciting galleries, hotels, restaurants, and luxury retail experiences.
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:
$3,495,000
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 | $2,796,000 | $2,796,000 | $2,796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.250% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.502% | 6.220% | 5.781% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,440 | $16,989 | $23,032 |
Total Monthly Payment | $15,565 | $17,114 | $23,157 |
* 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.