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Step out of your private keyed elevator into a full floor Flatiron loft offering a rare opportunity to create a custom live/work residence from a true blank canvas. Currently configured as a commercial space, the unit spans approximately 1, 600 square feet with 9 foot ceilings, multiple windows overlooking East 19th Street, and a deep, open footprint. The existing layout is straightforward and functional, making it well suited for reconfiguration. The images shown include virtual renovation concepts to help illustrate what the space could become. As envisioned, the loft may be transformed into a clean, modern home with an open kitchen, expansive living and dining area, and a more private sleeping area toward the rear. In its current condition, the space offers flexibility for a range of uses, including potential residential conversion or live/work configuration, subject to applicable approvals. The adaptable layout is a key feature of the property. Set within a boutique condominium, the building offers full floor privacy along with a private keyed elevator, separate freight elevator, full time superintendent, and low taxes and maintenance. Located near Madison Square Park, Union Square, and the Flatiron District, the property is surrounded by a wide range of dining, shopping, and transportation options. This is an opportunity to design and build out a full floor loft in a prime Manhattan location. Showings by appointment only.
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.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.
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Our Executive Mortgage Banker:
$1,850,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,480,000 | $1,480,000 | $1,480,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,878 | $1,878 | $1,878 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,403 | $8,993 | $12,489 |
| Total Monthly Payment | $10,406 | $10,996 | $14,492 |
* 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.