Indulge in the epitome of urban luxury within this meticulously renovated apartment. Every corner exudes sophistication, from the sleek Kohler in every bathroom to the custom-designed chef's kitchen adorned with a single slab statuario waterfall island and Blue Star Dutch-door style oven and stove. Upon entering your new home on the first floor, you are greeted by the view of your beautiful custom-built staircase, your chef's kitchen, and a lovely great room. Designed to be an entertainer's dream, this first floor offers itself well to entertaining in style or being the heart of the home and easily gathering everyone around the kitchen island. A hidden bonus is the extra storage space under the stairs!Climbing the custom-built staircase, featuring hand-painted metal railings and treads matching the wood floors, arrive at the 2nd floor, welcomed by an enclosed bedroom and flexible foyer/home office space overlooking the cosmetically redesigned north-facing terrace. The 2nd floor boasts Miele vented laundry, moved in the renovation to its own dedicated closet with custom cabinetry, a newly added full bath, and an enclosed bedroom with ample, custom California closet space. Enjoy outdoor entertaining or relaxation on the large private deck that is approximately 400 square feet of private outdoor space! The deck features brand-new elevated pavers, a legal gas line hooked up to the Lynx grill, irrigation, and dedicated electrical!The 3rd and entire final floor is dedicated to your primary suite. Step into your primary bedroom fitted with ample closet space! One closet was recently added while the closet next to the en-suite bathroom was doubled in depth. The existing primary walk-in closet was also made deeper with the addition of custom California closets and an entire shoe wall to complete the three, wonderfully large closets in your primary suite. Delight in the spacious primary en-suite bathroom boasting a bespoke marble statuario vanity and a Japanese-style bidet floating toilet. Throughout the entire residence, solid wood doors are embellished with Ashley Norton hardware that add a touch of elegance. With a meticulously curated renovation and a new Lutron LED lighting system on the first floor fully controllable by a smartphone app, this residence redefines luxury living in the heart of the city. Nestled discreetly in Chelsea, The Arcadia is a distinguished building that offers top-of-the-line security with keyed stairwell doors and elevators, all seamlessly controllable from your smartphone, ensuring peace of mind at every turn. Designed by the renowned architect C. P. H. Gilbert in 1899, The Arcadia boasts a majestic fa ade adorned with exquisite gold ram's head carvings, a testament to its historical significance. With only 21 units, each resident enjoys a sense of privacy rarely found in the city. Pets are welcome! Take in breathtaking views of Chelsea from the rooftop deck, a perfect retreat for relaxation and entertainment. The Arcadia also has a brand-new video mobile-friendly intercom system, part-time superintendent, and a dedicated storage locker for your unit. This location is ideal for your everyday essentials, from subways to wellness. Within a block you'll find multiple subway lines (1, C, E, F, M) and both Whole Foods and Trader Joe's. Indulge in excellent dining options including Portale, Maki Kosaka, Cote Korean Steakhouse, Tacos G ey, and Chelsea Diner. Catering to your fitness regimen, recharge your body and mind at Bathhouse Flatiron, Rumble, Life Time, Equinox, Orangetheory, F45, Barry's, and Solidcore. Or take a leisurely stroll to enjoy the nearby Highline, Madison Square Park, and Hudson River Greenway. Embrace the sophistication and charm of The Arcadia, where pre war heritage meets modern luxury in the heart of the city.
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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 | $1,996,000 | $1,996,000 | $1,996,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 5.875% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.335% | 6.612% | 6.433% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,807 | $12,616 | $17,114 |
Total Monthly Payment | $11,932 | $12,741 | $17,239 |
* 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.