Enjoy living in this expansive, south-facing one-bedroom home that is defined by its expertly crafted finishes and beautifully proportioned spaces. Enter the apartment into a gracious foyer that includes custom millwork and cove lighting which leads into a twenty-five-foot wide living room boasting 9 foot ceilings with floor-to-ceiling windows, solid oak floors, and a separate dining area.
The home features an exceptionally large eat-in kitchen custom designed by Molteni with Blanco de Macael marble countertops and natural oak cabinetry, a Sub-Zero refrigerator/freezer, a Miele oven and dishwasher, a Gaggenau cooktop and Falmec extraction hood, as well as custom cove lighting and detailed millwork throughout.
A separate powder room with elegant polished-chrome Dornbracht fixtures and a well-appointed laundry closet with side-by-side Miele washer and dryer are conveniently located off of the foyer.
The south-facing master bedroom features a walk-in closet and a luxurious en-suite master bathroom with stone floors and a Kohler enameled cast-iron bathtub. This thoughtful residence has been customized with electronic shades in both the living room and bedroom.
Exquisitely crafted by the master architects of Foster + Partners, 551 West 21st Street will feature a private, gated drive court surrounded by a twenty foot green wall and a dramatic, awe-inspiring thirty-four foot, double height lobby with grand chandelier. Additional amenities will include a 24-hour attended lobby and a concierge, porter and valet services, a state-of-the-art fitness center with his and hers spa, yoga room, residents lounge, play room, parking for the residents, bike storage, a live-in super and a dedicated, separate service entrance.
This home is perfectly located between the Hudson River Park and the Highline Park in the heart of West Chelsea, a neighborhood comprised of hundreds of the world's leading Contemporary Art Galleries, unique boutiques, restaurants and moments from the Meatpacking District, The New Whitney Museum, Hudson Yards and so much more.
Listed as a co-exclusive with Leonard Steinberg at Compass
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Our Executive Mortgage Banker:
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$2,650,000
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 | $2,120,000 | $2,120,000 | $2,120,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.375% | 6.125% | 5.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.055% | 6.234% | 5.805% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,871 | $12,881 | $17,463 |
Total Monthly Payment | $11,996 | $13,006 | $17,588 |
* 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.