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565 Broadway, 6W presents a rare opportunity to acquire an authentic loft in one of Soho's most iconic cast-iron cooperative buildings, ideally positioned on the corner of Broadway and Prince Street. With approximately 11'10" ceilings, oversized windows, grand columns, and expansive open space, the residence reflects the scale, light, and character associated with classic downtown loft living.
The apartment is currently configured as a two-bedroom, two-bath home, with an additional bathroom at the far end of the hallway that includes a washer and dryer. While technically located in a shared third bath, its positioning effectively allows for private, in-unit use. The building features only two residences per floor, offering a boutique, floor-through feel. Live-work arrangements may be considered by the cooperative.
Designed by architect John Kellum and located within the Soho Cast-Iron Historic District, 565 Broadway is an architecturally significant cooperative originally built for Ball, Black & Company, one of the era's most prominent jewelers. The building benefits from a recently restored facade and two recently renovated elevators, combining historic character with ongoing capital improvements.
Interior access may be limited and cannot be guaranteed. All information regarding layout, condition, and features should be independently verified.
Buyer to conduct their own due diligence regarding occupancy status, Loft Law / IMD matters, certificate of occupancy status, and any related regulatory considerations.
This offering is best suited a purchaser who understands the nature of acquiring a loft asset with potential long-term upside.
PHOTOS ARE VIRTUALLY STAGED
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.
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Our Executive Mortgage Banker:
$1,600,000
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 | $1,280,000 | $1,280,000 | $1,280,000 |
| 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 | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,168 | $7,777 | $10,715 |
| Total Monthly Payment | $7,293 | $7,902 | $10,840 |
* 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.