Private In-Person & Virtual Appointments Available. Inspired by West Chelsea’s historical architecture and rich heritage, The Cortland, located at 555 W 22nd Street, is striking a new presence on the Hudson waterfront. Hand-crafted and American-made, The Cortland represents a unique collaboration between two architectural icons, Robert A. M. Stern Architects and Olson Kundig. Uniting elegant design and exceptional attention to detail, The Cortland is a building that will stand for generations to come. Residence Penthouse 25 spans 5, 761 square feet and welcomes you with a gracious entry foyer with private elevator access. With four bedrooms and four-and-a-half bathrooms, the two private terraces make up 584 SF with views of the Hudson River facing west and city skyline views facing north. Complete with two fireplaces, located in the great room and primary bedroom, the expansive, open-plan living and dining areas feature unobstructed views of the Hudson River, warm wood flooring, and floor-to-ceiling windows. The amenity program is the heart of the residential experience at The Cortland. Designed by Olson Kundig and curated by Related Life, the amenities have all the style and sophistication of a private members club in the city. Purchase of the residence includes a membership to Liberty National Golf Club. Inquire with our sales team for more information. Developed by Related. The listing images represent Renderings of the projected finished product. The complete offering terms are in the offering plan available from Sponsor. File No. CD 19-0409.
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Our Executive Mortgage Banker:
Our Insurance Division:
$39,500,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@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 | $31,600,000 | $31,600,000 | $31,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.625% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.893% | 6.723% | 6.284% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $186,926 | $202,338 | $268,798 |
Total Monthly Payment | $187,051 | $202,463 | $268,923 |
* 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.