Limited Time Buyer Incentive: Seller will cover one year of common charges and real estate taxes for a contract signed on or before July 4th, 2024. This expansive Penthouse, occupying an entire floor, offers breathtaking panoramic views of the city from every direction, with four remarkable terraces providing private outdoor sanctuaries. Boasting four bedrooms and four and a half bathrooms sprawled across nearly 3, 600 square feet of living space, Penthouse 11 at Yves Chelsea redefines luxurious urban living, perfect for both everyday comfort and lavish entertaining. As you step off the private elevator, you're greeted by a 32' x 26' Great Room bathed in natural light from triple exposures, complemented by two spacious terraces for open-air dining and relaxation. Flowing seamlessly from this magnificent space, the separate dining area comfortably accommodates 10+ guests and leads to a south-facing terrace. The contemporary eat-in kitchen, with custom cabinetry, Sub Zero and Miele appliances, a generous center island, and a pantry closet, is a culinary haven. The primary bedroom, tucked away from the guest quarters, exudes tranquility and luxury. It boasts a windowed en-suite spa-like bathroom and grants access to a sprawling 323 square foot terrace. Three additional bedrooms, each with its own en-suite bathroom, offer comfort and privacy. Two of these bedrooms share a generously sized southwest-facing terrace. Other features include central air, an in-unit washer and dryer, and a spacious storage room is deeded with the apartment. Situated in the heart of Chelsea, Yves Chelsea is an exclusive boutique condominium comprising just 38 residences. Residents enjoy the services of a 24-hour doorman, a well-equipped gym, a rejuvenating sauna, a treatment room, and a beautifully landscaped common rooftop deck. This penthouse epitomizes the epitome of city living with opulence, style, and convenience. Taxes include primary residence STAR abatement. $7, 743/month without abatement.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,250,000
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 | $5,000,000 | $5,000,000 | $5,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.000% | 5.875% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.963% | 5.983% | 5.805% |
Monthly Tax Payment | $7,839 | $7,839 | $7,839 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,841 | $29,577 | $41,187 |
Total Monthly Payment | $34,805 | $37,541 | $49,151 |
* 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.