-Facing Bank Street with Treeline views -Soaps factory lofts— first time on the market in 50 years -Loft two bedroom/easy convert to three bedroom with en-suite bathroom -Brand new Mitsubishi electric heating and air conditioning split system just added to the property last year This adaptable two-bedroom true loft in the West Village can be converted into a three-bedroom layout with an ensuite primary bedroom. Located in the historic Sopilia Soap Factory Loft, this 1, 840 sq. ft. home features 9. 5-foot ceilings, original hickory wood floors, and large windows. The great room has a brick wood-burning fireplace and built-in bookcases, while the open kitchen includes ample cabinetry and stainless steel appliances. Two bright bedrooms with roomy closets, two updated bathrooms, a soundproof music studio, and a large laundry room complete the layout. Enjoy year-round comfort with a new five-zone ductless HVAC system. The building offers an elevator, superintendent, and virtual doorman system. Pets and pieds-à-terre are allowed with approval. Located at 166 Bank Street, this home offers easy access to Hudson River Park, Gansevoort Beach, Little Island, Chelsea Piers, the Whitney Museum, The High Line, and Bleecker Street’s boutiques, dining, and nightlife, along with excellent transportation options.
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Our Executive Mortgage Banker:
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$2,095,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,676,000 | $1,676,000 | $1,676,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,997 | $9,914 | $13,806 |
Total Monthly Payment | $9,122 | $10,039 | $13,931 |
* 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.