Located on arguably the most coveted, convenient block of prime Tribeca, this striking turn-of-the-century building was re-imagined by Architectural Digest 100 architect Steven Harris into one of the most desired boutique-scaled condominiums in Tribeca. Overlooking historic Staple Street and offering southern light-infused exposures, Residence 5S features a gracious corner layout measuring over 2, 100 square feet with three bedrooms and three bathrooms. The layout and design deliver a seamless blend of voluminous loft dimensions with classic prewar sensibility: a gracious entrance gallery is revealed as the elevator door opens, leading you to an expansive living/dining room nearly 32 feet long with two exposures. The windowed eat-in kitchen offers a built-in banquette overlooking Staple Street. Appliances are of the highest order, including a vented La Cornue range, Sub Zero refrigeration, and Miele dishwasher and wine fridge. Custom wood cabinetry and Danbury Marble counters and backsplashes make this light-filled room functional and aesthetically pleasing. French doors with a Juliette-style balustrade in the dining area offer a moment of romance, perfect for elegant entertaining. Ceiling heights of 10 feet in all rooms further enhance the refined proportions with gleaming hardwood oak floors and subtly designed classic contemporary molding details throughout. The primary bedroom suite is a south-facing, separated sanctuary of tranquility while equally bathed in light. Substantive closets lead you to an immaculate bathroom resplendent with Barbe Wilson's plumbing fixtures and large swaths of Corian slabs. Thassos honed marble, heated marble slab floors, and a Zuma soaking tub contribute to this elegant, timeless environment. Two spacious secondary suites with dedicated bathrooms are in the eastern wing across from the entry gallery. A separate laundry room with linen storage, a deep basin sink, and an ultra-deep coat closet offer exceptional storage space. Forbes & Lomax light light switches, multi-zone ducted, zoned HVAC distributed via linear diffusers, and recessed halogen lighting complete this immaculate home. Seven Harrison offers a full suite of amenities, including a 24-hour doorman/concierge, full-time superintendent, fitness center, bicycle storage, a sophisticated lobby with an oversized mural by celebrated painter Mark Beard, and stylish standalone wood-paneled mailboxes. Perched in the heart of Tribeca's historic district, the building is close to the finest shopping, restaurants, cultural attractions, and multiple transportation options. Working Capital Contribution: An amount equivalent to two (2) month's common charges
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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 | $4,600,000 | $4,600,000 | $4,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | $3,123 | $3,123 | $3,123 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,844 | $29,454 | $39,129 |
Total Monthly Payment | $30,092 | $32,702 | $42,377 |
* 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.