Now available as a Rent-to-Own opportunity. Apply up to 75% of your rent towards your purchase. Please contact the sales team for more information. Residence 16L is a 3 bedroom/3 bath loft with dining area, spanning 2,064 SF, and a 210 SF private terrace. Beautiful 7 foot casement windows, 10 foot high ceilings, and 4 inch white oak floors create ample proportions with generous light and air. The entry foyer opens to an expansive great room with southern and eastern exposures. The adjacent open kitchen features custom cabinetry and hardware with Calacatta Gold marble counter tops and backsplash, including an island with seating for five, and is fully equipped with state-of-the-art appliances by Sub-Zero, Wolf and Miele, as well as a garbage disposal and vented range hood. Beyond the eat-in kitchen is a versatile windowed dining area that could be used as a home office or media area. The great room walks out onto the private terrace, equipped with a gas grill. The master suite features three walk-in closets and a luxuriously finished master bath with radiant floor heating, polished Calacatta Gold marble floor and wall tiles, custom vanity, fixtures and deck-mounted tub by Waterworks. The secondary bedrooms offer generous closet space and en-suite baths, combining high-honed Vanilla Cream marble vanity top and herringbone floor tile with crackle-glazed white ceramic wall tile. The residence conveniently features a laundry closet, including washer and vented dryer by LG. No detail was overlooked in the design of this residence with a multi-zone heating and cooling system that carefully controls the interior climate throughout. The complete offering terms are in an offering plan available from Sponsor. File No. CD14-0129. Sponsor: 140 West Street, LLC c/o Magnum Real Estate Group, 594 Broadway, New York, NY 10012. Equal Housing Opportunity.
Tribeca (Triangle-Below-Canal) extends south of Canal Street, down to Barclay Street, between Broadway and the Hudson River. The area is made up of lofts, once used for light manufacturing and warehouses, that have slowly been converted into luxury rental and loft condo buildings. TriBeCa boasts some famous residents such as Harvey Keitel, Robert De Niro and Mariah Carey. Tribeca has many high-priced, fashionable restaurants and clubs as well as its share of avant-garde clothing, design shops and galleries. Every top restaurant in town can be found here. Tribeca is safe, has great schools, and is situated a mere 15 minutes from Midtown.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more