In a market short on supply and character, 6D at the historic Forward Building will not last! A Beaux Arts standout with a fascinating history dating back to 1912, the Forward Building, along with Seward Park positioned at its doorstep, are the original anchors to what has emerged as the vibrant "it" neighborhood of Dimes Square. Pass through the attended lobby to any of the three elevator banks and be whisked up to bright and airy 6D, an impressively large one-bedroom with two full baths that can easily convert to a spacious two-bedroom/two-bath residence. Boasting 11-foot ceilings, oversized windows, and two gorgeous exposures with sweeping southeasterly views toward the East River and Brooklyn, this special home offers over 24' x 21' of shared living space and is equipped with central ducted A/C, in-unit washer/dryer, luxury appliances, ample storage throughout + dedicated basement storage. Known at the time of construction as the Lower East Side's first skyscraper at 10 stories tall, the Forward Building is an intimate luxury property by today's standards with 29 apartments, a full-time doorman and concierge, roof deck, bike storage, cold storage, and laundry in the basement. The Metrograph movie theater, Nine Orchard Hotel, and a host of topnotch restaurants and bars such as Casino, Cervo's, Le Dive, Kiki's, and salty favorite, 169 Bar, are within a few blocks, as are the?F train and the J, M, Z, B, and D. This offering presents the perfect opportunity to own a piece of history at one of downtown's most iconic addresses. -Virtually staged images. -Currently configured as a 1 BR/2 BA -Can be combined with unit 6C to create an extraordinary 2, 500+ SF home with 20 windows facing NE, E, S, & SW. -Combination floorplan is for reference only; plan is not approved. Bring your architect and imagine the possibilities!
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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 | $1,900,000 | $1,900,000 | $1,900,000 |
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 | $1,953 | $1,953 | $1,953 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,788 | $11,854 | $15,905 |
Total Monthly Payment | $12,866 | $13,932 | $17,983 |
* 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.