The Condominium, No. 285 LAFAYETTE STREET Supremely located in the infinitely thriving, always bustling and forever fashionable SoHo, No. 285 LAFAYETTE is the epitome of authentic Downtown New York chic, effortless and eternally modern luxury living. Originally built in the 19th Century housing a famed chocolate factory, No. 285 LAFAYETTE was reborn into a luxury full service Condominium in 1999 by world-renowned architect Costas Kondylis. The ingenious combination of sublime pre-war architecture with timeless interiors paired with Concierge level service, No. 285 was an instant star and became the immensely sought- after residential project and home to an array of distinguished clientele from day one to the present. Comprised of a mere ten floors and twenty-one residences located at the epicenter of Lafayette and Prince Streets, No. 285 is exceptionally intimate and ultra private in the heart of one of Manhattan’s most engaging neighborhoods --an ever-lasting darling of SoHo. The Offering, Residence 2B Welcome to Residence 2B --- your exquisite keyed elevator opens into an expansive, and timeless cast iron loft, spanning 4060 square feet with beautiful chef’s kitchen, four grand bedrooms plus separate library, three bathrooms, one powder room and private laundry room with additional catering refrigerator. The original Brazilian Cherry hardwood floors have been redesigned by famed designer with a custom stunning finish throughout. The Western wall spans over 70 linear feet with a wall of 10-foot windows, massive and new offering gorgeous light throughout the day. The loft with an enormous living and dining area of 48 feet by nearly 35 feet with 12 foot ceiling heights, original impressive cast iron columns and beautiful exposed wooden beams lovingly preserved, exudes a genuine SoHo charm and personality while being perfectly pristine and timeless. The ideal chef’s kitchen overlooks the gracious and grand living space, perfect for both intimate and grand gatherings -- equipped with stainless steel Viking appliances and extra large wine refrigerator complete with stunning custom hi-gloss lacquer white cabinetry and absolute black granite countertops. The Principal bedroom is a serene, glamorous and sublime suite facing North with a proper and posh seating area and an exquisite re-mastered master bathroom featuring a dramatic floating Waterworks bath tub, double sink and vanity with separate stall shower and two walls of custom closets. The large second bedroom has en-suite bathroom and walk in closet. The corner third bedroom has North and West exposures while fourth bedroom faces West, all rooms offer grand and impressive proportions. *** Tenant in place until April 2024 Significant Details 4, 060 Square Feet North West Corner | Keyed-Elevator 12 Foot Ceiling Heights 10 Foot Windows Original Cast Iron Columns and Beams Four Bedrooms | 1 Library | Three Full Baths | 1 Powder | Separate Laundry Room Condominium Essentials Full Service 24 Hour Concierge Boutique Coveted Condominium Exquisite Landscaped Roof Deck Garden and Deck Private Storage Two Entrances; Ultra Discreet Entrance on Mulberry and Main Lobby entrance on Lafayette
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Our Executive Mortgage Banker:
Our Insurance Division:
$10,950,000
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 | $8,760,000 | $8,760,000 | $8,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $49,738 | $54,651 | $73,332 |
Total Monthly Payment | $49,863 | $54,776 | $73,457 |
* 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.