A BOUTIQUE CONDOMINIUM WITH BESPOKE DETAILS
This almost 4, 000 sq ft Tribeca loft at 85 Worth Street personifies a modern classic home, incorporating traditional architectural details with high-tech modern features.
The south-facing, floor-through property is filled with light that streams through magnificent windows that sit within its 11. 4' high ceilings.
Designed by Paris Forino, the interior is expertly curated to meld past and present with its original cast iron columns and wood beams juxtaposed with an enviable array of contemporary elements including a KETRA lighting system, Sonos speakers in every room, keyless entry via LATCH and private AI assistant JOSH, which can amplify or dim lighting, open or close the shades, play your favorite songs and more.
This condominium of four lofts and one penthouse is a genuinely rare opportunity thanks to its two subterranean levels that give each home two sizeable storage rooms and house the exclusive residents' club that features state-of-the-art fitness center, sauna, steam room, meditation room, massage room, music listening room, children's imagination room, teen gaming room and more.
Located in the exclusive 10013 Tribeca zip code, the creatively developed building retains its Italianate, white marble fa ade, molded window surrounds, bandcourses, balustrades and bracketed cornices. The row of six similar buildings extends an entire city block of the sparsely populated neighborhood that is dominated by historic, low-lying buildings on cobble-stoned streets.
The neighborhood has long attracted A-list celebrities who are increasingly drawn by its trendy shopping areas, acclaimed restaurants and unmissable art galleries.
Nearby amenities include the Hudson River Park and Piers 25 and 26, which offer public access to sand court volleyball, skateboard park, children's playground, tennis and basketball courts, kayaking and more.
85 Worth St also boasts convenient transport links including the A, C, E, N, R, Q, W and 1, 2 & 3 subway lines, while Newark's Liberty International Airport is just 20 minutes away.
The complete offering terms are in the offering plan available from Sponsor, BR Worth, LLC, having an address at 85 Worth Street, New York, NY 10013, File No. CD23-0315. All artist's renderings are for representational purposes only and are subject to variances. Finishes depicted in the artist's renderings are not necessarily indicative of what will be specified in the offering plan and not all items included in the artist's renderings are included in unit purchase. Equal Housing Opportunity.
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Our Executive Mortgage Banker:
Our Insurance Division:
$11,500,000
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 | $9,200,000 | $9,200,000 | $9,200,000 |
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 | $51,517 | $55,900 | $75,783 |
Total Monthly Payment | $51,642 | $56,025 | $75,908 |
* 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.