123 Prince Street is situated on one of the most iconic cross sections of Downtown Manhattan, Prince and Wooster Street. Residence #1 is perfectly situated at the back of this boutique cooperative building providing a tranquil and pin drop quiet escape from the hustle and bustle of the city streets. This unique triplex loft, features custom finishes throughout. The wide entrance gallery with floor-to-ceiling closets leads to a living/dining room with soaring ceilings, exposed brick walls, white oak floors, and a glass wall overlooking a private vertical garden, seamlessly connecting the living space with the outdoor garden via large sliding glass doors.
The Boffi kitchen, designed by Piero Lissoni, includes a center island, induction cooktop, Corian and Pietra Cardosa countertops, custom cabinetry, and Miele and Gaggenau appliances. Nearby, sliding frosted glass panels reveal a home office/media den that can convert to a guest room, gym, or library.
An architectural staircase leads to the primary bedroom suite, featuring a dressing room, linen closets, and an en-suite bathroom with heated floors, a Boffi vanity, a Kohler soaking tub, and a rain shower. The staircase on the primary floor leads to two additional bedrooms, a sitting area, and a full bathroom with glass mosaic tiles and underfloor heating. Both bedrooms have high ceilings, skylights, built-in wardrobes, and large windows facing the vertical garden.
Additional amenities include central air-conditioning, thermostatically controlled heating with Runtal radiators, a laundry room with an LG washer and dryer, storage closets, a retractable 110-inch home theater screen with surround sound, custom LED lighting, and a Boffi-appointed powder room.
Designed by Albert Wagner in 1891, this 7-unit boutique cooperative is fiscally sound and well-managed. Building improvements include an updated elevator, boiler, hot water tank, restored sidewalk vault and facade, and a refurbished lobby. There is no underlying mortgage, and the building has a permanent Certificate of Occupancy. Located in Soho's historic Cast-iron District, 123 Prince is situated at the heart of Soho's most renowned eateries, hotels and retail.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,995,000
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 | $3,196,000 | $3,196,000 | $3,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,897 | $19,678 | $26,540 |
Total Monthly Payment | $18,022 | $19,803 | $26,665 |
* 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.