Introducing Apartment 8TN - a beautiful oversized 1-bedroom apartment (this line is frequently converted to 2 bedrooms, (see alternate plan) and rarely available) with private outdoor space at The Chelsea Lane. A spacious entry welcomes you into an expansive north-facing great room illuminated by wall-to-wall windows and a door to the private terrace, with abundant natural light throughout. This 30 foot long space accommodates both living and dining areas, and is open to a freshly upgraded kitchen with ample storage space and stainless steel appliances including brand new range and built-in microwave. The flexible layout of the apartment accommodates various living and furniture arrangements. The dining space, currently used as an office area, can be converted into a second full bedroom. A private balcony provides an idyllic outdoor setting with epic city views all the way East down 16th Street to Union Square. Off the great room, a hallway containing a massive walk-in storage closet leads to the bathroom, which is positioned on the hall to be accessible to guests, and then to the sunny primary bedroom which is large enough to accommodate a king-sized bed and an additional seating or workout area. The options are endless, as is the closet space, with yet another walk-in closet + 1 more. The apartment is cooled by brand new through wall AC units which can be individually controlled year-round. Residents of Chelsea Lane enjoy access to a chic lobby featuring a landscaped courtyard separating the North and South towers, along with newly renovated hallways and amenities such as laundry room, storage room, and bike room. A dedicated staff, including a full-time doorman, porters, and resident manager, ensures attentive service. Ideally situated just blocks away from Union Square and within close proximity to mass transit options (4, 5, 6, N, R, Q, L, W, F, V, 1, 2, 3, & PATH trains).
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $1,136,000 | $1,136,000 | $1,136,000 |
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 | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,720 | $7,180 | $9,740 |
Total Monthly Payment | $6,845 | $7,305 | $9,865 |
* 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.