Very Rare opportunity. 3 bed, 3. 5 bath. 2, 123 square feet. One of the highest floors at 550 W 29th St with a large amount of natural light.
Introducing Five Five Zero, a new West Chelsea condominium boasting 19 exceptional 3- and 4-bedroom units of unparalleled craftsmanship. This will be the first time the home is relisted for sale. The building features a striking facade of limestone Roman bricks and massive metal casement windows.
Among the units is an exceptional 3-bedroom, 3. 5-bathroom simplex that epitomizes Chelsea luxury and style. Covering an impressive 2, 123 square feet on a single level, this condo showcases a range of chic fixtures and finishes. Beyond the spacious foyer, complete with a large coat closet and powder room, is a vast open-concept living room, dining room, and kitchen featuring an expansive penthouse-sized eat-in island, custom Italian cabinetry, and Pietra Cardosa countertops and backsplash.
The primary bedroom includes a massive walk-in closet and a sublime en-suite bathroom with his-and-hers sinks, Italian Dolomite marble walls and floors, Lefroy Brooks fixtures, and a separate Zuma soaking tub and walk-in steam shower. The other bedrooms each have private closets and access to pristine full bathrooms with limestone floors and Catalano ceramic sinks. Further highlights include wide-plank oak flooring, energy-efficient multi-zone heating and cooling, high ceilings, an in-home washer/dryer, and metal casement windows providing southern, eastern, and western exposure.
Five Five Zero offers residents a range of white-glove amenities, including a 24-hour attended lobby, full-time super, fully equipped fitness room, sauna, state-of-the-art security and video intercom system, commercial-grade washers, bicycle room, and storage units. The building is situated in the heart of West Chelsea, surrounded by trendy restaurants, cafes, shops, galleries, and parks, and is a pet-friendly residence.
Don't wait- schedule a private tour now and discover the best that West Chelsea has to offer.
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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 | $2,796,000 | $2,796,000 | $2,796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.500% | 6.250% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.040% | 6.360% | 5.930% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,875 | $17,215 | $23,218 |
Total Monthly Payment | $16,000 | $17,340 | $23,343 |
* 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.