51 Jay Street, Residence 1R is a duplex loft with a private outdoor patio in a beautifully converted warehouse, designed by the acclaimed architecture firm, ODA. Enjoy the feeling of being in an expansive, almost 2500 square foot "townhouse" with all the amenities of the finest luxury condo building. Every detail throughout this 3 BR + home office/3 BA residence speaks of expert craftsmanship and the finest materials that marry well with the industrial elegance of the building. Herringbone oak flooring throughout and the (almost) floor-to-ceiling walls of casement windows add to the loft-like feel of the home. The lovely patio (330 square feet) off the living room allows for seamless entertaining and is situated in a landscaped private courtyard designed by Steven Yavanian Landscape Architecture. The first floor features a kitchen outfitted with La Rochelle Gris marble countertops, custom cabinetry by Aster Cucine and a Gaggenau appliance package, sunny living room and dining area. There is a full marble bath and a huge walk in-closet as well as a washer/dryer. There is also the first of three (possibly four) bedrooms with direct views to the patio. The staircase to the second floor has loads of wall space, ideal for artwork or photographs. The primary bedroom is king-sized with two closets (one is a walk-in), and an ensuite bathroom with a brand new marble vanity, lacquered custom cabinetry with copper detailing. There is another full bathroom on this floor, a magical 3rd bedroom with two exposures overlooking the courtyard and a den/home office/library that can easily be used as a 4th bedroom. 51 Jay Street hosts an impressive array of amenities including a double-height, 24-hour attended lobby with polished concrete flooring, a live-in Super, fitness room, children's playroom, residents' lounge, expansive rooftop terrace with an outdoor kitchen, grill and fireplace, sunning and dining areas. There is a cold storage room, pet washing/grooming spa, bike room, large capacity laundry room and a tax abatement ending in 2032. Dual-zoned heat and A/C and a parking spot in a heated garage complete this exceptional offering. The building is 2 blocks from the F train and close to the A, C and 2, 3 lines. Celestine, Cecconi's, DUMBO House, Empires Stores, Equinox, Lifetime Fitness and other restaurants, spas and shops are all close by. 51 Jay Street is located in the landmarked district of DUMBO.
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$3,250,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.Alvarez@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 | $2,600,000 | $2,600,000 | $2,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.375% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.229% | 6.486% | 6.307% |
Monthly Tax Payment | $2,898 | $2,898 | $2,898 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,967 | $16,221 | $22,116 |
Total Monthly Payment | $17,990 | $19,244 | $25,139 |
* 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.