Stunning loft at the famed Chelsea Mercantile is configured as a 1 bedroom PLUS home office/guest room with 2 full baths. Boasting 11-ft high ceilings, bright east facing exposures and measuring 1, 313sf. A large open kitchen w/island features stainless steel appliances, cherrywood cabinetry, and granite countertops. The over-sized primary bedroom suite includes an abundance of closet space and a five fixture bathroom complete with dual-sinks, stall shower, and separate soaking tub. The guest bedroom or home office is located at the other side of the apartment and can easily accommodate a king-sized bed and/or separate home office space. Adjacent is another full bath. Other modern conveniences include 4 HVAC zones for year round comfort, as well as a WASHER/DRYER and seperate storage cage. The Chelsea Mercantile is a full-service condominium, with 24-hour doorman and concierge service, fitness center, garage accessible from within the building, playroom, and a 10, 000 square-foot landscaped roof deck with panoramic views. A stunning lobby designed by architecture firm ODA. Whole Foods is conveniently located downstairs in the building's commercial space, and major transportation lines are located just one block away in each direction. Chelsea is rich with cultural and entertainment options, including top restaurants, boutique shops, art galleries, Chelsea Piers, Hudson River Park, High Line Park, close proximity to Hudson Yards, Penn Station, and many other attractions.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,900
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 | $7,120 | $7,120 | $7,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.470% | 6.161% | 5.248% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $43 | $43 | $56 |
Total Monthly Payment | $118 | $118 | $131 |
* 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.