Gut-renovated SoHo loft complete with original pre-war details throughout!
Upon entry into this classic SoHo loft you are greeted by oversized cast iron doors that transfer you into an open living / dining concept featuring 12' ceilings, exposed brick walls, wide plank hardwood floors, and original columns and beams throughout.
The living room boasts two floor-to-ceiling, soundproof casement windows that flood the entire space with natural light from its eastern exposures, creating an airy atmosphere. Step out onto the fire escape and enjoy classic views of SoHo looking up and down Lafayette Street. The open chef's kitchen features top-of-the-line appliances including a Sub-Zero refrigerator, Bertazzoni stainless steel range, Bosch dishwasher, marble countertops / backsplash, a stunning oak waterfall island and a wine refrigerator.
Both bedrooms are pin-drop quiet and have sliding pocket doors. The oversized primary suite boasts three large closets, and the second bedroom features a floor-to-ceiling barn door with abundant closet space. The spa-like bathroom is outfitted with marble and features a long vanity, deep soaking tub and a huge walk-in shower.
A fully vented washer / dryer completes this elegant residence.
242 Lafayette Street is a boutique 8 unit cooperative complete with an updated lobby, virtual doorman system and elevator. Situated at the intersection of SoHo, NoHo and NoLita, you are steps away from some of downtown Manhattan's top restaurants, shopping, nightlife and more. Grab a cookie at Levain bakery, enjoy an amazing meal at Sant Ambroeus across the street or have a drink at the Crosby Street Hotel adjacent to the building. Easily accessible transportation to multiple subway lines. Pets are welcome.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,650,000
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 | $2,120,000 | $2,120,000 | $2,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.377% | 6.851% | 6.664% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,710 | $13,750 | $18,467 |
Total Monthly Payment | $12,835 | $13,875 | $18,592 |
* 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.