THE DREAM PRIVATE RESIDENCE ON THE COVETED CROSBY STREET IN THE HEART OF SOHO Sublime, contemporary, a breathtaking beauty at every turn, Residence 4A within the highly Coveted 56 Crosby Condominium is the epitome of the dream Soho Loft positioned on the most beautiful and iconic block in Soho. Upon entering, you will immediately understand that Residence 4A is unworldly, entirely jaw dropping, and within the first step, will take your breath away. With a mere two residences on the floor, the loft entrance opens into an immense 60-foot-long extra wide hallway surrounded by turn of the century original brick, 13-foot ceilings and significant architecturally stunning details. The dreamy corridor leads to your grand salon with stunning western light and a wall of four enormous 10-foot by 6-foot windows, nearly floor to ceiling, offering iconic vistas of cast iron building facades and big beautiful Soho sky. The flooring is stunning in solid maple and recently just refinished in designer custom matte finish. The open Poliform chef's kitchen looks onto the grand salon and to its dining and several seating areas with a coveted wood burning fireplace making this loft the quintessential residence for grand entertaining or intimate gatherings. Both oversized bedrooms have ensuite bathrooms plus one powder room, all clad in Waterworks fixtures, each room facing South, offering spectacular light and timeless big city views throughout the day and night. Residence 4A spans a grand and beyond voluminous nearly 3, 700 square feet. With its soaring ceilings throughout, massive scale, cast iron Corinthian columns and staggeringly grand windows, gorgeous western and southern light, together, all create a fabled, magical and highly sought after Soho loft living and at its finest. THE CONDOMINIUM 56 Crosby is a luxurious landmark cast iron building built in 1882 and converted to Condominium in 2002. There is full-time doorman and with 6 stories and a mere 9 residences, 56 Crosby is a rare boutique gem in the most sought after block in Soho. SIGNIFICANT DETAILS 3614SF Full Time Doorman | Concierge Two Bedrooms | Two Bathrooms | One Powder Room South West Exposures 13ft Ceilings Cast Iron Columns Poliform Kitchen with Viking and Subzero Appliances Solid Maple hardwood floors throughout, newly refinished Wood Burning Fireplace Laundry Room Private Storage Live/Work Allowed Behold. Adore. Acquire.
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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 | $7,400,000 | $7,400,000 | $7,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $41,438 | $44,963 | $60,956 |
Total Monthly Payment | $41,563 | $45,088 | $61,081 |
* 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.