FABULOUS PH - 2BR + Den + HO - LANDSCAPED TERRACE/OUTDOOR KITCHEN Summer in the city has never been more appealing than with this stunning triplex residence. Boasting over 2300 square feet, this pristine home was meticulously redesigned to maximize light, scale and privacy and features 2 bedrooms, 3. 5 baths, a den, and a home office. Like a "house in the sky" PHY offers almost a suburban lifestyle - open living on the first floor, large bedrooms and great closet space on the second level and a glorious landscaped "backyard" at the top. All this in an impeccably run, full-service condo with low monthlies in the heart of Chelsea. The first level is dedicated to entertainment, with an open-plan living/dining/kitchen area adorned with 11-foot beamed ceilings, a chef's kitchen equipped with high-end stainless appliances, a center island and a breakfast bar. A versatile den/guest bedroom with built-in bookshelves and a full bath complete this space. The second level houses the private quarters, featuring an impressive primary bedroom with a separate dressing area and custom closets, along with an en suite 5-fixture bath boasting double vanities and a skylight. Additionally, there's a spacious secondary bedroom with ample closet space and its own ensuite bath with radiant heat floors and a skylight. A separate home office with pocket doors, central A/C, electric/cable connections, and built-in cabinetry, provides a serene workspace. Ascend to the third level and step out onto the beautifully landscaped terrace, offering captivating views northwest to Hudson Yards and south to the Freedom Tower. Here, the living/dining space seamlessly blends with an outdoor kitchen featuring a gas grill, refrigerator and ice machine allowing for the utmost in al fresco entertaining. A powder room and a full-sized LG washer/dryer with folding table/drying racks add convenience to this level. Further benefits include tons of closet space and thermostatic controlled HVAC. The Chelsea Mercantile is one of the neighborhood’s most desirable condominium buildings with a top-notch staff. Amenities include a 24-hour doorman and concierge, a 10, 000 square foot roof deck with stunning views of the city, parking with direct elevator access, a state-of-the-art fitness center, a children’s playroom, an in-house dry-cleaning/valet service and supplemental laundry facilities. Ideally located in the heart of Chelsea, this pet-friendly residence is easily accessible to Flatiron, Madison Square Park, Nomad, the High Line and the Meatpacking District. In addition to Whole Foods on the ground level, Eataly, Chelsea Market and Trader Joe’s are all nearby. Other attractions include The West Chelsea Arts District, The Highline and Hudson River Parks and Chelsea Piers. Moynihan Station and Fashion Institute of Technology are also just a few blocks away. There is an ongoing capital assessment of $396 and a special assessment of $1325 through June 2025.
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William Raveis Real Estate
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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 | $3,720,000 | $3,720,000 | $3,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.850% | 6.360% | 5.930% |
Monthly Tax Payment | $3,378 | $3,378 | $3,378 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,831 | $22,905 | $30,891 |
Total Monthly Payment | $24,334 | $26,408 | $34,394 |
* 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.