TRUE NYC LOFT: LOCATION, GENEROUS LAYOUT, HIGH FLOOR LIGHT
Discover a RARE GEM in the heart of Chelsea: a TRUE NYC LOFT that embodies the ESSENCE of old-world New York. This DREAM SPACE caters to ARTISTS, ENTREPRENEURS, and those who cherish INDUSTRIAL CHARM.
Expansive Layout
The GENEROUS FLOOR PLAN of this Chelsea loft offers ENDLESS POSSIBILITIES for urban living. The front area boasts six MASSIVE WINDOWS spanning the full width, extending through HIGH CEILINGS, and flooding the space with NATURAL LIGHT. This area of OPEN KITCHEN, LIVING ROOM, and DESIGNATED DINING AREA refracts with a warm glow. An OFFICE/STUDY area, easily convertible to a bedroom, can be CLOSED OFF with sliding doors, providing versatility to the space. An adjacent full bath is accessible to guests when entertaining. A GLASS WALL separates the main area from the rear SLEEPING ALCOVE, allowing light to permeate the entire loft. Adjacent to it, you'll find a luxurious full 'EN SUITE' bathroom featuring a WALK-IN SHOWER and BATHTUB. MULTIPLE CLOSETS throughout the loft satisfy all storage needs, ensuring a clutter-free living experience.
Premium Features
This exceptional loft boasts HARDWOOD FLOORS throughout and CENTRAL AC, with heating included in the common charges which are REMARKABLY LOW. A WASHER/DRYER is conveniently located in a designated laundry room at the rear of the loft. This SPACIOUS UTILITY AREA is perfect for additional appliances like an extra freezer or wine cooler, offering even more flexibility to your living arrangements. The beautiful roof deck and garden surrounded by ultimate New York views are accessible for all condominium owners and their guests.
Exceptional Building
This WELL-MANAGED, SOUGHT-AFTER building rarely has units available. Located in an area of Chelsea it helped pioneer and make fashionable, this loft offers a unique opportunity to own a piece of New York history. The building's reputation and desirable location make it a coveted address for those seeking authentic NYC loft living. Enjoy this INDUSTRIAL CHIC space that seamlessly blends the past and present of one of Manhattan's most desirable neighborhoods. This loft isn't just a home; it's a canvas for your urban lifestyle, waiting for you to make it your own.
The Mihl Building / 150 West 26th Street
Originally constructed as a historic fur vault in 1922, The Mihl Building underwent a thoughtful conversion into live/work condominium in 2001. This 25-unit residence grants residents the privilege of enjoying a remarkable common roof garden and a state-of-the-art multi-camera security system. Passenger elevators were recently fully renovated, and a part-time superintendent and porter are on-site daily.
AMENITIES
Roofdeck
Part-time Superintendent and Porter
Pets welcome (Madison Park with its dog run is two blocks east)
NEIGHBOURHOOD
Whole Foods, Eataly, Trader Joe's and Fairway nearby, many restaurants, shopping, flower market
Museums: Fashion Institute, Museum of Mathematics, and Museum of Sex
TRANSPORTATION
Subway: 1, 2, 3, 4/6, C, E, F, N/RR & PATH lines nearby
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Our Executive Mortgage Banker:
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$2,125,000
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 | $1,700,000 | $1,700,000 | $1,700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.125% | 6.000% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.951% | 6.108% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,256 | $10,192 | $14,003 |
Total Monthly Payment | $9,381 | $10,317 | $14,128 |
* 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.