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88 Prince Street, #3ABC, New York (SoHo), NY, 10012 | $8,500,000
Full Floor Live/Work Loft in Prime Soho
Sprawling approximately 8500 +/- square feet and positioned in the heart of prime Soho, this full floor live/work opportunity is rare and rich with potential. Encompassing the entire third floor of The Little Singer Building (aka 88 Prince Street & 561 Broadway), this turn of the century pre-war loft conversion is the perfect situation for buyers that desire the ability to live and work from a stunning space rich with architectural details including 11-foot ceilings, triple exposures, floor to ceiling French windows, Juliette balconies and exposed brick.
Currently this high-tech loft is configured as two separate spaces connected by a state-of-the-art theater. Entering from the 88 Prince Street private elevator, you walk into a mint condition 2-bedroom 2-bathroom apartment with a gigantic living/family room and open kitchen which is perfect for entertaining friends and family. There are two large bedrooms and bathrooms at the back which are quiet and peaceful for sleeping.
Moving through the home, on the southeast side, you will walk through a discrete door into a spectacular home theater, which is perfect for anything from watching the newest Netflix series to editing the next Hollywood blockbuster.
Adjacent to this theater is an enormous and beautifully finished experience center currently used by Lutron Technology. This side of the loft is truly massive and complete with double powder rooms, an oversized designer bedroom suite, conference room, and entertaining salon.
Residents of this loft have the utmost in flexibility with regards to how they can choose to use the space. It’s zoned as a live/work loft, there are two entrances with two separate and private passenger/freight elevators. The coop allows sublets, residential use, live/work use, or simply work from the space and they also allow purchases in LLC’s and trusts.
*Represents current apartment configuration, which may not conform to official legal documentation. Purchasers should consult with their legal or architectural professionals to determine legal use parameters.
Features
- Town: New York
- Cooling: Unknown Type
- Rooms: 12
- Bedrooms: 5
- Baths: 3 full / 1 half
- Laundry: None
- Complex: Little Singer Building
- Year Built: 1902
- Pet Policy: No Pets
- Balcony: Yes
- Building Access : Elevator
- OLR#: PRCH8367740
- Days on Market: 12 days
- Website: https://www.raveis.com
/prop/PRCH8367740/88princestreet_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 Sotheby's International Realty, Inc.
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888.699.8876
Contact@raveis.com
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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
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
88 Prince Street, #3ABC, New York (SoHo), NY, 10012
$8,500,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $6,800,000 | $6,800,000 | $6,800,000 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $36,504 | $40,225 | $56,014 |
| Total Monthly Payment | $36,629 | $40,350 | $56,139 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535