Exceptional West Soho/Hudson Square Penthouse with dramatic city views and a 50ft long, private, landscaped terrace. With terrace access from both the living room and primary bedroom suite, this two-bedroom, two-bath condominium is ideal for entertaining and for those who crave the outdoors. A gracious foyer leads to a spacious living and dining area with an open kitchen. The kitchen is outfitted with top appliances (Viking, Sub Zero, Bosch) and offers abundant storage and work space. The Primary Bedroom Suite is generously proportioned and includes an indulgent, windowed marble bath complete with Zuma soaking tub. There are two closets (one a walk-in) within the bedroom. A large second bedroom with a walk-in closet, a full second bath, and a laundry room/utility closet complete the offering. The unit has east and west exposures. 505 Greenwich Street is an immaculate full-service 24-hour doorman condominium located at the nexus of Tribeca, Soho and the West Village. The Hudson River Park and the newly opened New York City headquarters of Google and the Walt Disney Company are just moments away. Designed by Handel Architects, the building features a beautifully landscaped courtyard, fitness center, children's playroom, bike room, pet spa, and private storage for every owner. There is a working capital contribution equal to one month's common charges.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,250,000
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 | $3,400,000 | $3,400,000 | $3,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.750% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.004% | 6.738% | 6.307% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,841 | $21,771 | $28,921 |
Total Monthly Payment | $19,966 | $21,896 | $29,046 |
* 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.