Located within Tribeca West Historic District, 176 Duane Street is a five-story neo-Grec loft building extending 25 feet on Duane Street across from Duane Park - the second oldest public park in New York City.
The fourth floor is a sophisticated and discreet two-bedroom loft located in a boutique prewar condo in the heart of Tribeca. Highlights of this exquisite floor-through residence spanning 2, 336 SF include 10-foot ceilings, wood burning fireplace, great room measuring approximately 35' x 23', walk-in-closet, pocket doors separating the bedrooms, additional storage in the basement, and direct view of Duane Park.
176 Duane Street was designed by the prolific architect John B. Snook in 1868-69. The developer was Jacob Lorillard Trustees, son of the tobacconist Peter Lorillard. The Lorillard family was prominent in the snuff and tobacco business in New York City. In 1891, the building contained a baking powder corner and a coffee and spice grinding factory. In 1930, the building was named for the Zenith-Godley Co - a butter and eggs wholesaler. The building was converted to full floor lofts in 1999.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,600,000
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 | $4,480,000 | $4,480,000 | $4,480,000 |
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 | $25,087 | $27,584 | $37,202 |
Total Monthly Payment | $25,212 | $27,709 | $37,327 |
* 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.