New York (Chelsea), NY, 10011 | $8,950,000

Immediate Occupancy! Duplex penthouse with a private terrace and a huge roof deck designed by Annabelle Selldorf. Perched on West Chelsea's prized Contemporary Art Gallery Block at the corner of Tenth Avenue and 22nd Street, across from Clement Clarke Moore Park and hovering above - yet removed from - the Highline Park, Park House Chelsea is a collection of ten meticulously designed park front residences by Annabelle Selldorf, founder of the eponymously named firm—Selldorf Architects. Through its understated, modernist-inspired design, Park House Chelsea has a subtle distinction and intentional longevity built to last—perfect for those wishing to embrace the West Chelsea Lifestyle on the area's most treasured Gallery Row that features Dia and the newly opened Hauser & Wirth Galleries. Enter this brand new boutique-scaled building on 22nd Street through the attended lobby. The elevator door opens directly into Penthouse A, which features a gracious entry gallery that leads you to a large living room anchored by a gas fireplace leading out directly to a private 252sf terrace - one of two terraces - overlooking the Highline Park, with impressive views West and North. The adjoining dining area also accesses this terrace and is adjacent to the chef's kitchen which features Bulthaup cabinetry, natural aluminum full height cabinets, and Alpine white matte lacquer under-counter cabinetry. An Oak island appears as a piece of furniture, all topped with Pietra Cardosa Granite slab countertops with a backsplash to match. A suite of Gaggenau appliances sets the scene for seamless Haute Cuisine and elegant entertaining. A powder room and entry closet are also on this floor. The stairway leads you below to the bedroom wing (which is also accessible via elevator): The Primary Bedroom Suite features a large walk-in closet and an en-suite bathroom clad in Fior Di Bosco marble slabs that features a deep soaking tub, separate shower, twin Wetstyle, solid surface under-mount sinks with superb mirrored vanity storage, and lighting above, and a wall-hung Toto toilet. Bathroom accessories are all Dornbracht with a polished chrome finish featuring wall-mounted three-hole faucets, Thermostatic mixer shower trims, and a wall-mounted rain shower head and hand shower are located in the shower area. Two additional bedroom suites both feature equally sizable closet space. The laundry area features a full-sized washer and dryer. Above this apartment, a stairway (or the elevator) lead you to the 833sf private roof terrace, a magical setting for al fresco dining and entertaining with an outdoor fireplace. This surprisingly quiet, corner three-bedroom, three-and-a-half bathroom duplex boasts perfect proportioning with 3, 005sf interior living space with exposures towards the Highline Park as well as light-filled Western and northern exposures. The residence features oversized in-swing aluminum casement windows overlooking West 22nd Street and ducted central air conditioning, and white oak plank flooring with a clear, natural finish band sawn texture throughout. Set in this vibrant, convenient neighborhood, Park House Chelsea is centered in prime West Chelsea equidistant between the bustling Meatpacking District, and the upscale offices, restaurants, and shops of Hudson Yards, surrounded by 300+ cultivated art galleries of West Chelsea that is immersed with multiple parks, boutiques, cafes, bars, and eateries. . . . truly a 10-minute neighborhood unlike any other. Immediate Occupancy. * Private storage is included. * Doorman hours: 7am-11pm, 7 days. * Please note the Fitness Center is not on site, but rather a pre-paid 5-year membership at Chelsea Piers or Equinox. * Parking available. The complete offering terms are in an Offering Plan available from the sponsor. File No. CD19-0293

Features

  • Town: New York
  • Heating: Central
  • Cooling: Central Air
  • Levels: 8
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 3 full / 1 half
  • Lot Size: 49.330000x77.580000
  • Laundry: Building Washer Dryer Install Allowed,In Unit
  • Year Built: 2021
  • Common Charge: $5,474 Monthly
  • Approx Sq. Feet: 3,005
  • Est. Taxes: $98,676
  • Pet Policy: Building Yes,Cats OK,Dogs OK
  • Appliances: Dishwasher,Wine Cooler,Washer
  • MLS#: COMP-150067562589271
  • Days on Market: 242 days
  • Website: https://www.raveis.com
    /prop/COMP-150067562589271/500w22ndstreet_newyork_ny?source=qrflyer
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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.
Listing courtesy of Compass   Phone: (212) 913-9058

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NMLS Mortgage Loan Originator ID 1880936

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Sarah.Alvarez@Raveis.com

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New York (Chelsea), NY, 10011

$8,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 347.223.0992

Sarah.Alvarez@Raveis.com

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 $7,160,000 $7,160,000 $7,160,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.055% 6.234% 5.805%
Monthly Tax Payment $8,223 $8,223 $8,223
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $40,094 $43,505 $58,979
Total Monthly Payment $48,442 $51,853 $67,327

* 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.