Gorgeous 891 SF 1-Bedroom, 1-Bathroom Residence at 40 Broad Street. Perched on the 24th floor, this stunning residence features a private terrace that spans the length of the unit, offering a unique outdoor oasis and creating the ultimate downtown living experience. The gracious entrance foyer includes two closets, providing flexibility and a formal landing. Beautiful Brazilian Walnut floors throughout are detailed with Basalto granite borders. Enjoy the lofty 10-foot ceilings and an efficiently proportioned living area that is flooded with natural light.
The updated U-shaped kitchen boasts white subway tile, black granite countertops, and custom Walnut cabinetry. It is equipped with top-of-the-line appliances, including a Sub-Zero refrigerator and freezer, a Miele oven with a gas cooktop, a dishwasher, and a Bosch washer and dryer. The generous bedroom features terrace views and convenient closet space. The en suite spa-like bath has been remodeled and includes a gorgeous white dual-sink vanity. Relax in the separate soaking tub or the recently retiled rain shower. Unique to this unit's bathroom is an additional closet, providing an excellent option for extra storage.
Originally built in 1986 and spectacularly renovated in 2006, 40 Broad Street is a marquee address offering a remarkable collection of luxury condominiums in the heart of the Financial District. The building features a spectacular two-story lobby, a furnished indoor lounge, and a recently renovated roof deck with views of the Statue of Liberty, Hudson River, and City Skyline. Residents can also enjoy a state-of-the-art fitness center, a recreation room, a playroom, and a quiet lounge. Centrally located, the address is a short distance from major transportation hubs, including subway access to the 2/3/4/5/A/E/J/Z/R/W lines, Path trains, South Street Ferries/Water Taxis, Fulton Street Station, the Oculus, and the new Whole Foods.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,490 | $4,930 | $6,582 |
Total Monthly Payment | $4,582 | $5,022 | $6,674 |
* 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.