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At the intersection of Greenwich Village, Chelsea and Flatiron, the nexus of everything, FÖRENA unites Downtown’s most spirited neighborhoods. Respectful of the area’s rich history, the award-winning team at Morris Adjmi Architects has created an architectural masterpiece that reveals a calm, ordered, and powerful presence on the northeast corner of Sixth Avenue and 14th Street.
Comprised of 50 one-to three-bedroom homes, many with private outdoor space, FÖRENA’s residences feature soaring ceilings, expansive windows, custom kitchens with state of the art appliances and Italian marble throughout; the distinctive interiors by Morris Adjmi Architects perfect modern living.
A world-class collection of amenity spaces built for mind, body, and soul provide a sense of wellbeing within. Amenity spaces include an inviting Resident Lounge with direct outdoor access to a peaceful Zen Garden, a well-equipped Fitness Center on the second floor with natural light, and a breathtaking landscaped Rooftop with outdoor dining, a gas grill and kitchen area. Bicycle and private storage available for an additional cost. A 24-hours attended lobby and keyless home entry by Latch round out this unparalleled offering.
The complete offering terms are in an offering plan available from the Sponsor. New York State Department of Law File Number CD20-0051. Sponsor: LS-14 AVE LLC, 413 W 14th Street, Suite 200, New York, NY 10014, of FÖRENA Condominium: 540 Sixth Avenue, New York, 10011. Equal Housing Opportunity. Artist rendering and landscaping are shown for illustrative purposes only. Creative by BRDAR Creative and New World Group.
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:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.117% | 6.235% | 6.058% |
| Monthly Tax Payment | $1,363 | $1,363 | $1,363 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,840 | $8,507 | $11,720 |
| Total Monthly Payment | $9,328 | $9,995 | $13,208 |
* 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.