On the cusp of Flatiron and Gramercy, just north of vibrant Union Square Park, this incredible loft awaits its next owner. You will be wowed by the striking volume of the great room as soon as you open the front door! Soaring 11' beamed ceilings with amazing original floors and floor to ceiling south facing windows greet you with an abundance of light. The dramatically elevated extra-large living room floats a few steps up creating a well-proportioned separation from the dining area which sits just below with ample space for any size dining experience. The spacious open kitchen is complete with new appliances and incredible storage. Enter the master suite through beautiful arched French doors to find a separated office space as well as two large walk-in closets and more southern light from towering windows. The en-suite marble primary bathroom is complete with a linen closet, heated towel rack and roomy step-in shower. The second bedroom benefits from a large closet and shares in the exposure and large windows and the second bathroom with tub is just a couple of steps away. Finally, enjoy a massive amount of storage space under the living room platform as well as above the closets and your home is complete!
This coveted coop building features a live-in super, Butterfly doorman system and a stunning common roof deck perfect for entertaining. Common storage and FREE laundry room on every floor (only 5 units per floor) round out your new home. Pieds-a-terres and purchases in an LLC or trust are permitted and pets are welcome with board approval. This coop has condo-like rules with a board that prioritizes financial stability for the building and low maintenance for shareholders.
The area really speaks for itself as it is centrally located to all of the neighborhood's best amenities including the Union Square coveted farmer's market, playground, park and dog run. Incredible Michelin Star restaurants, shopping, Whole Foods, Equinox, 2 movie theaters, Trader Joe's and more! Plus only 2 blocks to all subway lines (4/5/6/N/R/Q/L/F/M - easy transfer to 1/2/3/A/C/E) which connects you to the rest of the city within minutes! There is nothing quite like this home, this neighborhood, this lifestyle.
1% flip tax paid by buyer and 1% for tax paid by seller.
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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 | $1,820,000 | $1,820,000 | $1,820,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,334 | $11,206 | $15,113 |
Total Monthly Payment | $10,459 | $11,331 | $15,238 |
* 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.