BRIGHT LOFTY CHELSEA 1 BEDROOM CONDO Entry foyer, large and bright living room facing west and open city views. Chef's modern kitchen, great closet space, and hardwood floors throughout. The Kneel Tower, formerly known as The Fur District landmark, 315 Seventh Avenue is a unique loft conversion in a historic art deco skyscraper built in 1926 at the nexus of several dynamic neighborhoods in Chelsea. The building is within walking distance of most subway lines, and close proximity to Penn Station. Lofts boast 11 foot ceilings and unobstructed Western views over FIT, allowing incredible amounts of light and amazing views of the sunset over the Hudson River and New Jersey. Several units have large terraces on the building's multiple architectural setbacks. In the decade plus since its conversion to condominiums, the building has been updated beautifully with major capital projects to modernize infrastructure and restore historic character, and extensive luxury renovations throughout the building including several combined units. The building has a thriving community in an area experiencing extensive investment and development, and stands out as a historic New York original.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,049,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $839,200 | $839,200 | $839,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.125% | 6.000% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.951% | 6.108% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $4,569 | $5,031 | $6,913 |
Total Monthly Payment | $4,694 | $5,156 | $7,038 |
* 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.