Modern Mansion with Garage in the Heart of Chelsea Making its debut after a multi-year design and build by renowned contemporary architect Andrea Steele, 217 West 20th Street possesses a rare synergy of attributes: an inspired contemporary design, a private parking garage, elevator and cascades of natural light on every level. This mansion-sized architectural masterpiece measures 25’ in width and encompasses over 9, 000 sf across its 6 stories plus an additional 1, 500 sf of exterior space within two terraces. Currently configured as 4 beds, 6 full baths, 3 half baths and a spa with steam shower and sauna, the townhouse could easily accommodate 2 additional beds, yielding 6 bedrooms in total. The townhouse makes a striking statement with its blackened steel lower façade and Bauhaus-inspired anodized aluminum privacy screen above. The level of finishes is best described as museum quality, with no expense spared in the execution of this minimalist masterwork of design. Reflecting the boldness of New York City architecture in its scale and materiality, the townhouse presents a rare opportunity to purchase a piece of the city's distinctive fabric. The townhouse received the Society of American Registered Architect’s highest honor, the Award of Excellence, cementing its place in the firmament of New York City townhouse design. Ground Fl Entering the townhouse, a hallway lined in grey slate pavers leads past the glass-encased garage to a luminous floating glass pavilion. Complete with its own full bathroom and laundry, the suite can provide a multitude of uses including as a guest bedroom, home office or creative space. Garage The garage measures approximately 11 ft in width by 27 ft in depth, and easily accommodates an SUV. Tiled in the same grey slate pavers as the entrance, it is accessed through folding steel doors which operate electronically via remote or with the touch of a button. Entertaining Level Located one floor below, the entertaining gallery is accented by a 20’ ceiling and a gas fireplace. A massive 25' wide skylight bathes this room in natural light. There is also a wet bar with beverage fridge. A hallway leads to a powder room, a laundry room with adjoining full bath, a sauna with adjacent steam shower and a gym overlooked by a soothing subterranean garden. Second Fl Progressing upstairs via the elevator, the second floor is designed for formal entertaining and looks out onto a terrace nearly 30’ in depth. A wall of double-height windows provides a sense of continuity between the interior and exterior spaces. Third Fl Ascending to the third floor, there is a south-facing kitchen by Poliform with a full coterie of Gaggenau appliances and a custom-designed seating area. The adjoining dining room comfortably seats 12 and overlooks the living room below, providing a sense of connectivity between the spaces. An elegant powder room completes this floor. Fourth Fl This floor contains two spacious secondary bedrooms, each with its own en suite bathroom, as well as a laundry closet with washer, dryer and sink. Fifth Fl The entirety of the 5th floor is dedicated to the 1, 500 sf primary bedroom, two walk-in closets, a sumptuous spa-like bathroom and a library. The bathroom is lined with travertine and includes a travertine vanity, dual sinks, a rainfall shower and a deep soaking tub. There is also a laundry closet with washer/dryer on this floor. Sixth Fl This floor is currently envisioned as a children’s playroom and tv den, but could easily be reconfigured as one or two additional bedrooms, as there is a full bath and powder room. The tv den includes a gas fireplace. Roof Terrace The stone paver-lined roof terrace boasts open city views to the south, west and north, and features a stainless steel Sedona gas grill.
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NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $14,000,000 | $14,000,000 | $14,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.625% | 6.500% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.955% | 6.612% | 6.182% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $80,592 | $88,490 | $118,140 |
Total Monthly Payment | $80,717 | $88,615 | $118,265 |
* 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.