INVESTORS' PARADISE - 30 DAY SUBLETS PERMITTED! Tenant occupied through August 2025, paying $3, 300. Welcome to the Downtown Club, a luxury condominium nestled in the vibrant heart of FiDi. Bathed in natural light, this exquisite apartment features high ceilings, hardwood floors, and captivating Western exposures offering views of Battery Park City and the Statue of Liberty. Experience tranquility at its finest with specially equipped "CitiQuiet" soundproofing and blackout shades adorning the two expansive windows, ensuring uninterrupted serenity throughout the night. The thoughtfully-designed open-concept corner kitchen features stainless steel appliances including full-sized Liebherr refrigerator, GE stove, Miele dishwasher and a GE microwave. Upon entry you are welcomed by a usable hallway that includes a large closet, adding to the apartment's practicality and convenience. The bathroom features marble tile with and soaking bathtub. Formerly the Downtown Athletic Club, the building was designed in the Art Deco style by Starrett & van Vleck, and proudly holds the official city landmark status. Now renamed the Downtown Club, this luxury condominium features a 24-hour doorman and concierge for your security and convenience. The rest of the amenities are nothing short of spectacular with over 12, 000 sqft of space dedicated to your well-being. Residents enjoy one of the largest gyms in the Financial District, complete with state-of-the-art equipment, spinning and yoga studios, massage room, and steam room. The sprawling residents lounge is equipped with WiFi for your wfh needs. There is also bike storage, a media/screening room, a landscaped sun deck, and a panoramic roof terrace with stunning views of Statue of Liberty, the World Trade Center, and the Hudson River Harbor. The Downtown Club is conveniently located near all major transportation links (1, 4, 5, E, J, Z, R, and W subway lines; the Fulton Street Hub and Staten Island ferry), bars, restaurants, the new FiDi Whole Foods, World Trade Center, Brookfield Place, New York Stock Exchange, world-class shopping, and Battery Park. The building is perfect for first-time home buyers and investors alike, with 90% financing and 1 month leases permitted. Contact us today for your private appointment!
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $436,000 | $436,000 | $436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $703 | $703 | $703 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,649 | $2,649 | $3,446 |
Total Monthly Payment | $3,444 | $3,444 | $4,241 |
* 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.