Welcome home to this beautiful fully renovated unit: everything from floor to ceiling was updated in the last few years. The living room is generously proportioned, providing more than enough space to accommodate separate living and sleeping areas. The home’s foyer is currently used as a home office, but it is also ideal for a dining area. The kitchen was opened up and is newly renovated featuring stainless steel appliances including a dishwasher. The bathroom has new tiles, floors and fixtures.
The apartment faces south and overlooks a beautiful garden offering a serene and peaceful view from your window.
Chelsea Lane, a luxury full service cooperative right off Fifth Avenue, which include the following amenities: 24-Hour Doorman & Onsite Resident Manager, a laundry facility and a bike room. This building is known for having excellent financials and one of the lowest maintenance. This Coop allows co-purchasing, parents buying for children, gifting and guarantors, pied-a-terres. Pet friendly building. Subletting is permitted after five years of residency, with a maximum sublease period of two years.
Prime Downtown Location with only a block away from Union Square, short walking distance to Trader's Joe's.
Enjoy easy access to major transportation hubs, including subway and multiple train options and Citi Bikes available on the northeast corner of 16th and 5th Avenues.
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Our Executive Mortgage Banker:
Our Insurance Division:
$615,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $492,000 | $492,000 | $492,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,989 | $2,989 | $3,888 |
Total Monthly Payment | $3,081 | $3,081 | $3,980 |
* 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.