252 Seventh Avenue, #5U, New York (Chelsea), NY, 10001 | $3,250,000

This south facing 2 bedroom with home office is large enough to function as a dedicated 3rd bedroom, media room, professional office or children's playroom. The ceiling height in the south building soars to approximately 12 feet which creates a sense of volume in all rooms so that the loft actually appears larger than its 1665 square feet. Windows are 7 feet tall and are perfectly scaled to deliver even southern light throughout. There is a certain pre-war authenticity that comes with the great room where structural columns create a natural separation of space between the living and dinning areas which measure 34 feet. The clean lines of the all-white kitchen with 7-foot island, recessed pulls, generous counter-tops with reciprocating stone panels and matching back-splash, enhances the modern aesthetic and functionality of the loft. Here the kitchen is a dramatic solution that seamlessly blends the living and entertaining spaces. The primary bedroom suite has a large walk-in closet and the primary bath has double sinks with a separate tub and shower. The spa-like second bath, with tiles by Ann Sacks, has a floating vanity and an oversized shower with built-in stone bench. There is also a washer/ dryer in the loft and a laundry room with additional machines in the common hallway. The added value here is the flexibility of this loft to function as a proper 3 bedroom with the luxury of on-site parking and the convenience of the Whole Foods Market located on the ground floor.

Features

  • Town: New York
  • Cooling: Unknown Type
  • Levels: 19
  • Amenities: Bike Room; Garage; Courtyard; Garden; Fitness Room; Laundry Room On Every Floor; Valet; Nursery; Lounge; Roof Deck; Private Storage;
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Complex: Chelsea Mercantile, The
  • Year Built: 1907
  • Pet Policy: Pets Allowed
  • Washer/Dryer Allowed: Yes
  • Washer / Dryer: Yes
  • Building Access : Elevator
  • Service Level: Full Service
  • OLR#: RPLU555922889539
  • Days on Market: 233 days
  • Website: https://www.raveis.com
    /prop/RPLU555922889539/252seventhavenue_newyork_ny?source=qrflyer
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 Campbell Fionn S

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

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252 Seventh Avenue, #5U, New York (Chelsea), NY, 10001

$3,250,000

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 $2,600,000 $2,600,000 $2,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.250% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.040% 6.360% 5.930%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,763 $16,009 $21,591
Total Monthly Payment $14,888 $16,134 $21,716

* 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.