Spectacular full-floor 1, 746sf 2 bedroom + home office condo loft with private keyed elevator entry. Experience luxury living in this spectacular full-floor 1, 746sf 2 bedroom + home office / 2. 5 bath condo loft located in the SOMA Condominium at 116 W 22nd St at the intersection of Chelsea & Flatiron. Step inside via the private keyed elevator entry, you’ll be greeted by 10’ ceilings and floor to ceiling windows that flood the 21’ x 23’ living / dining room with natural light. The living area features a working gas fireplace, perfect for cozy evenings, a Juliet balcony and oak hardwood floors run throughout the apartment. The chef's kitchen is a culinary delight, equipped with GE Monogram stainless steel appliances, a double wall & convection oven, five-burner gas range and laundry closet with full-sized washer & vented gas dryer. The gracious entrance gallery, is a marble tile half bath for guests and a home office perfect for work-from-home or use as a home gym. The primary suite features south exposures, an extra large walk-in closet, and spa-like en-suite master bathroom featuring clawfoot-style soaking tub and separate rain shower. The second bedroom features a walk thru closet and a tumbled-marble tile bath with soaking tub. The Soma Condo features 24-hour virtual concierge, a renovated lobby, package room and fitness room. Private storage transfers with apartment. Located at the intersection of the Flatiron and Chelsea neighborhoods, access all the best that downtown Manhattan has to offer. Just 1 block from the 1 or F trains. Surrounded by the best restaurants, galleries and shopping in the city. Whole Foods, Trader Joe’s, Eataly, Home Depot all a block away. Madison Square park dog run and Union Square greenmarket minutes away. Access to best of NYC at your doorstep. All with the flexibility of condo ownership - Investors, pied-a-terre, co-purchase, LLC or trust purchase and pets welcome!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,295,000
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 | $1,836,000 | $1,836,000 | $1,836,000 |
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 | $2,260 | $2,260 | $2,260 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,425 | $11,454 | $15,370 |
Total Monthly Payment | $12,810 | $13,839 | $17,755 |
* 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.