This spacious 1,184sf 1 bedroom plus home office is a classic DUMBO loft with high ceilings. The main space spans over 35' feet in length and features an alcove home office area which offers a flexible layout. The kitchen features a custom RiFRA Italian kitchen, Miele appliances, a blackened Dornbracht faucet, porcelain stone counter tops, and a bleached white oak island. The master bedroom has large walk-in closets and an en-suite master bath featuring a custom Haisa marble mosaic floor, double showers with Dornbracht fixtures, large format heather grey porcelain tiles and a custom RiFRA bleached white oak vanity. Other features include wide plank white oak flooring, restored painted white brick and long leaf pine timber beams and columns; a perfect mix of historic character and contemporary interiors. Building amenities include a private courtyard entry, a 24-hour doorman, lobby lounge, bike storage, a landscaped common roof deck and a gym designed by La Palestra.
Dumbo (shorthand for Down Under the Manhattan Bridge Overpass), is located between the Manhattan and Brooklyn Bridges. Picturesque cobblestone streets give way to stunning waterfront views, while trendy boutiques and rave-worthy restaurants and bars dot the landscape. Dumbo acts as the perfect foil to a Tribeca residence: an industrial, modern feel without the overwhelming foot traffic of downtown Manhattan. Home to any number of public art exhibits and cultural adventures, Dumbo is a creative spot where both local artists and A-list celebrities reside.
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