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Welcome to an incredible opportunity to create your dream space in the heart of the vibrant SoHo neighborhood. This expansive 3000 square foot loft at 465 West Broadway offers endless potential for transformation of this raw space. With a blank canvas awaiting your vision and desires, this property is primed for a complete renovation. The expansive floor plan, high ceilings and large windows create a spacious, light-filled environment that's perfect for a custom build. Whether you're looking to design an impressive live/work space, an artistic residence or a high-end investment, the possibilities are endless. The location speaks for itself. . . . soaked in the character and culture of SoHo, with renowned restaurants, galleries and boutique shops just steps away. The property is a total rehab, requiring full renovation to restore it to its former glory but with the right touch, it's poised to become one of the neighborhood's most stunning properties. The loft's large footprint and industrial charm offer the perfect foundation for a luxurious, modernized home. This property is being sold in "as is" condition and is subject to the appointment and approval of the Bronx County Public Administrator. Don't let the current condition scare you off, this property has amazing potential.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,000,000
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 | $3,200,000 | $3,200,000 | $3,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,169 | $20,490 | $27,220 |
Total Monthly Payment | $18,294 | $20,615 | $27,345 |
* 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.