56 Pine Street, #PHB, New York (Financial District), NY, 10005 | $650,000

Welcome to your new Penthouse address at the prestigious Cambridge Club Condominium. This residence is on the highest floor in the building and is drenched with natural sunlight all day long.

Penthouse B has just been renovated and features brand new hardwood floors and freshly painted walls. The impressive 9 windows throughout this residence and double exposures in both the living room and the bedroom ensure that you are never missing out on natural light.

The windowed bathroom has a clean, neutral palette and a wall-to-wall mirror!

The Cambridge Club is a full-service condominium boasting stunning architecture designed by Oscar Wirz in the Romanesque-revival style. This landmarked building is most notable for its iconic fa ade of stone, brick, and terra cotta and with inset, arching windows. The embellishments of flowered panels are credited as some of the finest Byzantine-style carvings in New York City.

This pet-friendly building has a full suite of amenities including a full-time doorman and concierge, fully equipped gym, full-time Super and a full staff of porters and handymen, a full-floor residents-only social club, conference room, wet bar, fitness center, bicycle storage, screening room and laundry facilities on every floor.

FiDi is a vibrant, resort-like waterfront neighborhood with incredible dining and shopping. Iconic celebrity-favorite restaurants include Nobu, Cipriani, Sant Ambroeus, Malibu Farm, Eataly, Saga, Overstory, and The Fulton by Jean-Georges. Luxury shopping abounds at Brookfield Place and the new Westfield World Trade Center, where you will find prominent brands including Hermes, Gucci, Louis Vuitton, Bottega Venetta and more.

FiDi has always been the most logical neighborhood for the travel-minded, with nearly every subway line and the PATH train converging at the renovated Fulton Center, the Wall Street 2, 3, J, Z, 4 and 5 subway lines and the Seastreak/NY Waterway Ferry station just a couple of blocks away, you can't be more taken care of in the transportation department.

Reach out to see this impressive residence in-person today!

Features

  • Town: New York
  • Cooling: Central
  • Levels: 16
  • Amenities: Bike Room; Fitness Room; Laundry Room On Every Floor; Lounge; Billiards Room; Party Room; WiFi; Business Center; Cinema Room;
  • Rooms: 4
  • Bedrooms: 1
  • Baths: 1 full
  • Complex: Cambridge Club, The
  • Year Built: 1894
  • Pet Policy: No Pets
  • Washer/Dryer Allowed: Yes
  • Building Access : Elevator
  • Health Club: Yes
  • Service Level: Concierge
  • Doorman: FullTime
  • LobbyAttendant: FullTime
  • OLR#: RPLU5122922545
  • Days on Market: 194 days
  • Website: https://www.raveis.com
    /prop/RPLU5122922545/56pinestreet_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 Douglas Elliman Real Estate - Park Plaza

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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

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56 Pine Street, #PHB, New York (Financial District), NY, 10005

$650,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $520,000 $520,000 $520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 5.990% 4.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.398% 6.161% 5.152%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,160 $3,114 $4,078
Total Monthly Payment $3,252 $3,206 $4,170

* 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.