353 West 22nd Street, #TH
Historic charm with important renovations abounds in this glamorous TwoFamily townhome seconds from the High Line, Chelsea Market, renowned art galleries, and exciting dining and nightlife.
Graced with a stunning Neo-Grec façade and original 19th-century details throughout, this distinguished four-story residence features two self-contained remodeled apartments.
One of the units is already generating steady above market rental income with reliable renters in place. The other can easily be rented out or used by owners.
UNIT 1 is a sumptuous 2-bedroom, 2-bathroom garden duplex with a private entrance, a gorgeous loft, and a tranquil backyard with flagstone pavers and plenty of space for entertaining, alfresco dinner parties, grilling, gardening, and more. Both bedrooms have reach-in closets and easy access to full bathrooms. This unit is currently owner occupied.
UNIT 2 is a 4-bedroom, 2-bathroom triplex with a skylit spiral staircase, large rooms, and wonderful natural light. Formal living and dining rooms flank a central kitchen, and king-size bedrooms have reach-in closets and share access to full bathrooms. This unit is currently occupied with renters in place until summer 2025.
Additional highlights include exposed redbrick walls, lovely archways, custom built-ins, ceiling medallions, crown molding, hardwood floors, airy ceilings, oversized windows, and original fireplace mantels. New boiler, recently updated kitchens & bathrooms, new roof, and complete garden build out with Gazebo.
Built in 1874, 353 West 22nd Street is one of two mirror-image townhomes commissioned by a successful pharmacist who immigrated from Scotland in the mid-1800s. It was also once the home of 19th-century actress Clara Louise Thompson.
Nestled in the heart of Chelsea, the property is moments from restaurants, bars, cafes, and shops. It also enjoys close proximity to the Meatpacking District, the Whitney Museum of Art, the Hudson River Greenway, the Flatiron District, and Hudson Yards.
Accessible subway lines include the 1, A, C, E, and L.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,995,000
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 | $4,796,000 | $4,796,000 | $4,796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.375% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.821% | 6.474% | 6.036% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,231 | $29,921 | $40,148 |
Total Monthly Payment | $27,356 | $30,046 | $40,273 |
* 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.