Presenting Residence 2B at 285 Lafayette Street, a corner four-bedroom loft stretching nearly 4, 100 square feet at the prime intersection of SoHo and NoLiTa. Originally built in the turn of the century as a chocolate factory, the building became one of the first full-service condominiums in the area. Its history is evident in Residence 2B: original cast iron columns and wood beams punctuate the soaring 12' ceilings, creating an impressive volume of space. A true loft, the open kitchen, dining, and living areas offer many possible configurations; the four bedrooms are spacious yet each tucked away privately. Enter directly from the elevator into the loft through a proper foyer. The great room spans over 1, 600 square feet. Refinished Brazilian cherry floors add warmth to this voluminous space, complementing the warm western light that pours in through the 10-foot windows. Currently, you'll find a large dining area opposite the kitchen, which itself has more casual bar seating. Passing through one set of columns there is the first of multiple lounging areas. There are six columns just in the great room, with an additional five in the rest of the loft. The chef's kitchen opens directly into the great room, and is aptly appointed with plenty of storage, stainless steel appliances - including a Viking range and a wine refrigerator - white lacquer cabinetry and black granite countertops. Adjacent to the kitchen is a laundry room/pantry that includes an additional catering refrigerator. The principal suite, a loft unto itself, faces north and gets serene northern light. There is a large sitting area by the windows, walls of custom closets, and two cast iron columns that add structure to this open space. The principal bathroom is fully renovated with double vanity, stall shower, and freestanding Waterworks soaking tub. The secondary bedroom suite also faces north and has two large closets, a renovated bathroom, and its own entry gallery. The third bedroom sits on the northwest corner of the loft and has a quintessential view into SoHo. It shares a full bathroom and a private hallway with the fourth bedroom. A home office or library is nicely tucked away on the east side of the loft, adjacent to a well appointed powder room. Residence 2B has through-wall heating and cooling, and comes with private storage. A piece of SoHo history, 285 Lafayette Street is a boutique condominium that offers a 24-hour concierge, a common landscaped roof terrace, and two entrances for exceptional privacy and security. SoHo, as one of the most vibrant neighborhoods in the city, has no shortage of exceptional dining - for example, Torrisi, Eataly, Sant Ambroeus, and Balthazar - shopping, and leisure that residents can easily take advantage of.
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Our Executive Mortgage Banker:
Our Insurance Division:
$10,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $8,400,000 | $8,400,000 | $8,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.625% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.663% | 6.764% | 6.435% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $48,355 | $53,786 | $72,024 |
Total Monthly Payment | $48,480 | $53,911 | $72,149 |
* 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.