Private, discreet, secure. This elegant loft offers an oasis of comfort and sophistication opposite historic Duane Park, in the heart of Tribeca. Located in a distinguished, pet friendly, boutique condominium building, consisting of only four residences, this home encompasses the entire third floor. The keyed elevator opens onto the private entry Vestibule. The expansive Great Room and generous Dining Area with customized wet bar, Sub-Zero ice-maker and refrigerator, is ideal for both grand entertaining and a tranquil lifestyle. A wood-burning fireplace centers the west wall of the Great Room and three graceful arched windows face north with lovely views over Duane Park and beyond. Adjoining is the spacious state-of-the-art custom chef’s Kitchen by Bulthaup, is equipped with premium grade stainless Gaggenau and Sub-Zero appliances and a 10-foot preparation island. At the far end of the Kitchen is a separate Pantry with the Laundry and Mechanical Room. Gracefully located in the adjacent hall is a Powder Room for guests. Continuing down the hall to the opposite end of the loft is the gracious, south-facing Primary Bedroom retreat, with abundant built-in closets, ensuite Bath with glass enclosed soaking tub, and private outdoor Balcony. The second Bedroom with an ensuite Bath adjoins the handsome Home Office and a large walk-in-closet. Additionally, a large, 73 square foot, private storage room is included. This home is the masterful and loving transformation of approximately 2, 336 square feet of raw space into a stunning 2 Bedroom, 2. 5 Bath prewar home with private outdoor space. It is distinctive among its peers both for its expansive size and highly customized interior that showcases craftsmanship with the finest materials and finishes. Designed with an eye for art lovers, it features long spans of walls to accommodate one’s art collection. With its soaring 10. 5-foot ceilings with original beams, custom Sycamore millwork, Sylacauga marble-sheathed walls and wood-burning fireplace, specialized lighting design, and hardwood floors combined with a new central AC system throughout, this home offers the perfect blend of industrial chic with the historic elements of 176 Duane Street to create the quintessential Tribeca loft home. Comfortably ensconced amidst a row of 4 identical and smartly converted 5-story warehouses, built in 1869 by the prolific architect John B. Snook, 176 Duane Street, also known as the Zenith-Godley building, was originally a part of the Butter, Cheese and Egg Exchange. It received Historic Designation by the Preservation Landmarks Commission as an integral part of the West TriBeCa neighborhood in 1991. Surrounded by boutique shops, iconic restaurants, a vibrant nightlife, Washington Market Park, Whole Foods, the Hudson River Esplanade and much more, this location is ideally situated to enjoy the best of Tribeca and its surrounding neighborhoods. Excellent access to the R/Q/4/5/6/1/2/3/A/C/E subway lines, bus lines, the PATH train and CitiBikes.
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William Raveis Real Estate
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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 | $4,396,000 | $4,396,000 | $4,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $24,616 | $26,711 | $36,211 |
Total Monthly Payment | $24,741 | $26,836 | $36,336 |
* 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.