Great Value 2 bedroom with Views and Services in Prime Chelsea! Two bedrooms, great light, and views CAN be yours in a doorman elevator in prime Chelsea for an affordable price! This architect designed 14th floor apartment retains its historic charm but adds modern amenities and maximized efficiency. Recent upgrades include refinished original hardwood floors, custom kitchen cabinetry, quartz countertops, Miele appliances and Dornbracht & Duravit fixtures. There are 11 new double-pane windows with spectacular panoramic views South, West and North, including views to the High Line and amazing sunsets over the Hudson River. The apartment has abundant natural light; an open kitchen and living area; a windowed bath; and three well appointed closets, all of which work together to create an efficient, open and serene home. Chelsea Tower is a well managed and maintained pre-war coop with only five apartments per floor, located on one of the most charming and peaceful blocks in Chelsea. The coop owns 3 storefronts that create considerable income, keeping your maintenance charges low. Amenities include an elegant marbled lobby, two recently upgraded elevators, professional part-time doorman (4 PM to 12 AM), full time porter from 8am-4pm, friendly staff, responsive live-in super, newly renovated laundry facility, bike room, Verizon FIOS high speed internet, video intercom, individual basement storage for each unit, and finally a roof terrace with unobstructed views of the Manhattan skyline including the Empire State Building, the HighLine, Hudson Yards, and the Hudson River. Co-purchasing, gifting and Pied-a-Terre allowed. Very Pet friendly. The coop has a 2% flip tax and there is a special monthly assessment in place for local law 11, which is $341. 67 for this unit. THE NEIGHBORHOOD The neighborhood boasts some of the finest dining, best nightlife, superior recreational opportunities and fabulous retail venues in the city. A small sample includes Chelsea Piers, Little Island, Hudson River Park, The High Line, The Standard Hotel, the Apple Store, Cookshop, Salinas, the Joyce Theatre, Atlantic Theater, Equinox, Chelsea Market, Hudson River Park, The Whitney, MEPA, and Hudson Yards…not to mention easy access to public transportation. A New York City location simply doesn’t get much better than this!
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$1,195,000
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 | $956,000 | $956,000 | $956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.851% | 6.664% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,809 | $6,201 | $8,328 |
Total Monthly Payment | $5,934 | $6,326 | $8,453 |
* 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.