252 South Street, #59A, New York (Lower East Side), NY, 10002 | $3,670,000

ONE MANHATTAN SQUARE OFFERS ONE OF THE LAST 20-YEAR TAX ABATEMENTS AVAILABLE IN NEW YORK CITY *Rate Rewind Incentive- 2% for Two Years* Now Through December 31st, 2024, Sponsor will buy down mortgage interest rates on two-and three-bedroom residences by 2% annually for the first two years of a mortgage. Please contact the OMS Sales Office for more information. Evening Tours Available Upon Request. Residence 59A is a 1, 667 square foot three bedroom, three bathroom with an open gourmet kitchen and breakfast bar. This spacious corner residence faces North West and South West, with NY Harbor views and expansive City Skyline. Warm, modern interiors are brought to life by the renowned design team at Meyer Davis Studio. This residence features imported stone and custom finishes, premium Miele appliance package, 5" wide stained oak flooring, master bath with custom wood cabinetry, marble tile walls and mosaic floors with radiant heat, undermount Wetstyle sink with glass vanity top and Dornbracht polished chrome faucets and a washer and dryer. New York's premier development company Extell, has collaborated with a team of world-class talent to create an icon that reflects the quality, choice and excellence that distinguish Extell properties- One Manhattan Square. Perfectly situated along the Lower East Side Waterfront, this 800-foot-tall striking glass tower offers one to three-bedroom condominium residences that feature epic river and skyline views and a lifestyle enhanced by over 100, 000 square feet of indoor and outdoor amenities. One Manhattan Square presents the most valuable waterfront living opportunity in Manhattan with one of the last available 20-year tax abatement in New York City. Meyer Davis, the award-winning studio behind world-class hotels, elite private homes and flagship retail boutiques, has designed residences that rival five-star resorts. Each residence has been meticulously planned with gracious layouts, custom finishes and the most dynamic views. Residents can revel in the over 100, 000 square feet of resort-like amenities that span three full floors of the tower and over 1-acre of private outdoor gardens. It all thrives on the Lower East Side. The transforming neighborhood is buzzing with energy and is within proximity of a number of landmarks including the South Street Seaport, Manhattan Bridge, and the East River Esplanade. One Manhattan Square was designed to appeal to those that want it all; iconic views, lush gardens, gorgeous homes, and an unprecedented package of services and amenities. IIMMEDIATE OCCUPANCY SERVICES AND AMENITIES INCLUDE: Private motor court 24-Hour doorman and concierge White-glove services include package delivery, refrigerated storage, dry cleaning valet, and complimentary bicycle storage. Hammam with cold plunge pool 75’ Saltwater indoor swimming pool Children’s wading pool Spa treatment rooms Hot tub Sauna Full basketball court Two-lane bowling alley Squash court Golf simulator 42 Person movie theater and performance space Cellar bar and lounge Coworking space Wine storage and tasting room Cigar room Culinary lounge and demonstration kitchen Business center Game room Indoor children’s playroom State-of-the-art weight room & cardio rooms Separate spin, yoga, Pilates and dance studios On-site parking garage available Pet spa, laundry, and alterations facilities Private storage available One Acre of Private Outdoor Amenities and Gardens include: Sumac meander Birch garden Social courtyards and relaxation lawns Fire pits Outdoor grills and dining Herb garden Treehouse Children’s playground Tea pavilion Outdoor ping-pong Putting green Stargazing observatory 93’ Covered dog run Managed by Extell Management Services *Incentive for new two- and three-bedroom contracts only. Not to be combined with any other incentives. Will be calculated based on 75% financing.

Features

  • Town: New York
  • Cooling: Central
  • Levels: 80
  • Amenities: Bike Room; Driveway; Garage; Fitness Room; Basketball Court; Pool; Sauna; Steam Room; Nursery; Billiards Room; Roof Deck; Private Storage; Business Center; Cinema Room;
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 3 full
  • Laundry: InUnit,OnCommonFloor
  • Complex: One Manhattan Square
  • Year Built: 2019
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Private Garden: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • Concierge: FullTime
  • Doorman: FullTime
  • OLR#: PRCH8361409
  • Days on Market: 207 days
  • Website: https://www.raveis.com
    /prop/PRCH8361409/252southstreet_newyork_ny?source=qrflyer
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Extell Marketing Group LLC

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052

Robert.Reade@raveis.com

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252 South Street, #59A, New York (Lower East Side), NY, 10002

$3,670,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $2,936,000 $2,936,000 $2,936,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.821% 6.474% 6.036%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $16,670 $18,317 $24,578
Total Monthly Payment $16,795 $18,442 $24,703

* 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.