New York (Chelsea), NY, 10011 | $799,000

This unit is currently occupied by a rent-stabilized tenant. Give me a call for more details. This 2-bedroom, 1-bathroom gem offers approximately 957 sq ft of modern living space, presenting a fantastic opportunity for those looking to create their dream home. While the unit is in need of a complete gut renovation, it offers endless potential to design and personalize the space to your exact specifications. The living room and primary bedroom enjoy abundant natural light with a desirable southwest exposure, while the second bedroom faces northeast, providing a quieter, more serene environment. Situated in a prime location, this apartment is perfect for anyone eager to put their unique touch on a classic New York City property. Building Amenities: This well-maintained, pet-friendly condominium offers a range of amenities for your convenience and enjoyment. Residents benefit from: Keyfob entry system with state-of-the-art DVR security cameras New card-operated on-site laundry facilities Fitness room Bike storage room Private storage room Beautifully landscaped rear garden courtyard Elevator access Live-in super Built in 1950 and converted in 1984, this low-rise Art Deco building features six floors and 59 apartments, ranging from studios to two-bedroom units. The building retains its original Art Deco terrazzo floors in the entry and hallways, adding a touch of historic elegance. Location: Situated in the heart of Chelsea, this condo offers unparalleled access to the best of New York City. Just steps from Google, the Meatpacking District, the Whitney Museum, and Chelsea Market, you’re surrounded by top restaurants, bars, and cultural attractions. Enjoy the nearby Hudson River, High Line Park, and an array of art galleries. The location is also incredibly convenient for commuting, with the A/C/E and 1/2/3 subway lines just a short walk away.

Features

  • Town: New York
  • Levels: 6
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 1 full
  • Lot Size: 103.000000x114.000000
  • Laundry: Common Area
  • Year Built: 1950
  • Common Charge: $870 Monthly
  • Approx Sq. Feet: 957
  • Est. Taxes: $19,104
  • Pet Policy: Building No,Cats OK,Dogs OK
  • MLS#: COMP-170766802972410
  • Days on Market: 101 days
  • Website: https://www.raveis.com
    /prop/COMP-170766802972410/305w18thstreet_newyork_ny?source=qrflyer
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All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Compass   Phone: (212) 913-9058

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Sarah AlvarezVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1880936

347.223.0992

Sarah.Alvarez@Raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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860.690.5052

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Our Insurance Division:

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New York (Chelsea), NY, 10011

$799,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Sarah Alvarez

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 $639,200 $639,200 $639,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $1,592 $1,592 $1,592
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,253 $4,248 $5,481
Total Monthly Payment $5,937 $5,932 $7,165

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.