In the early 19th century, a bustling area on the West side of Lower Manhattan emerged and they called it "The Farm". It served as a vital hub for the city's food supply and each day, thousands of train cars carrying fruits, vegetables, and dry goods would cross the Hudson River from all over the United States to feed the financial and cultural center of the world. Over time, its once leaf and root filled buildings have undergone a transformation and are now an integral part of the Tribeca North Historic District, home to some of the most exclusive residential properties in New York City. Apartment 5E offers an intelligently layed out two full bedroom, three bathroom with a well-placed and high-ceilinged escape area perfect for a den, home office or guest refuge. You’ll enter into a grand foyer which leads to a wide gallery space and the beautifully proportioned living area of the loft. Boasting four arched windows across the northern side of this room, you’ll look out from the kitchen over your loved ones and guests gearing up for the day with their morning coffee or trading light-hearted barbs over evening libations prepped from the custom wine and coffee bar with dual wine and beverage fridges. And from the kitchen, your guests' senses will be immediately greeted with the warm and comforting aroma of delicious meals being prepared with the help of a five-burner Bosch cooktop and range, Meile vented hood and dishwasher, enormous Sub-Zero fridge and ample upper and lower cabinet space. Preparing meals will not only be a task but a joyous experience filled with creativity and flavor. As you make your way to the back of the home, you’ll find the primary and guest suites. The primary is a lavish oasis with space for a king sized bed, full sitting and lounging area, a gallery with one walk-in and two large closets. The bath is a true sanctuary with a massive soaking tub, double vanities and separate shower and water closet rooms. Almost as luxurious as the primary, the guest room is perfectly sized with fantastic closet space and en-suite bathroom. For added convenience, there is a large utility closet with brand new front loading washer and vented dryer between the two bedrooms. In a whimsical twist, the apartment features a full height loft space that hovers between leisure and function. Currently serving as a cozy media room, it can just as easily transform into a chic home office, temporary guest quarters, or even a lively playroom. With its own bathroom and cleverly placed proximity to the main living area, this sanctuary offers a peaceful retreat from the bustling energy of the rest of the apartment. River Lofts, with addresses at 416 Washington and 92 Laight Streets, is a full service condominium with 24 hour concierge, full time doorman, a large gym and direct access to the parking garage below. It’s perfectly situated in Tribeca’s most quiet and exclusive areas with world class restaurants, charming coffee shops, the Hudson River Park and loads of transportation nearby. Unit 5E comes with a large deeded storage locker in the basement. Don't miss your chance to experience luxury living at River Lofts. Contact us today for a showing - we can't wait for you to see it!
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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 | $4,400,000 | $4,400,000 | $4,400,000 |
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 | $2,739 | $2,739 | $2,739 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $24,983 | $27,450 | $36,833 |
Total Monthly Payment | $27,847 | $30,314 | $39,697 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.