Welcome to the Flower House Condominium, a boutique building nestled in the heart of Manhattan's vibrant Flower District. This rarely available penthouse duplex features soaring 17-foot ceilings, expansive tilt-and-turn thermal windows that flood the living room with natural light, a spacious private terrace (240 sq ft), and a balcony (60 sq ft). The loft’s inviting design includes a cozy wood-burning fireplace, a chef's kitchen with a breakfast bar, premium stainless steel appliances, and a convenient garbage disposal. The luxurious marble bathrooms come complete with recessed vanities for a sleek, modern finish.
The expansive south-facing terrace is perfect for outdoor living, equipped with a water line, exterior lighting, and a gas line, making it ideal for entertaining. This exceptional home also boasts customizable Elfa closet systems, a vented washer and dryer, and a state-of-the-art keyed elevator that ensures both security and privacy.
With exceptionally low common charges of $1, 098 per month (including a $99. 82 ongoing monthly assessment) and low real estate taxes—potentially further reduced if used as a primary residence under other qualifying conditions—this property offers an outstanding opportunity as a primary home, pied-à-terre, or investment.
For more details, visit the NYC Finance Property Site: https: //www. nyc. gov/site/finance/property/landlords-coop-condo. page
Additionally, the property includes 1, 364 square feet of interior space, plus 300 square feet comprising a 240-square-foot terrace and a 60-square-foot balcony.
BUILDING
Situated in the heart of the Flower District, known for its charming wholesale flower markets and garden shops that adorn the sidewalks with vibrant greenery, the neighborhood offers a truly unique and lively atmosphere. Its prime location in Chelsea, with proximity to Flatiron, NoMad, and the Garment District, ensures easy access to transportation, shopping, dining, and cultural attractions—all while maintaining the district’s distinctive floral charm. Additional amenities include a keyed elevator and a shared roof deck, perfect for enjoying panoramic city views.
PLEASE NOTE THAT THE SCAFFOLDING IS REQUIRED IN ACCORDANCE WITH ONGOING COMPLIANCE TO LOCAL LAW 11.
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Our Insurance Division:
$2,350,000
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 | $1,880,000 | $1,880,000 | $1,880,000 |
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 | $10,674 | $11,729 | $15,738 |
Total Monthly Payment | $10,799 | $11,854 | $15,863 |
* 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.